A Robust and Growing Economy

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The Issue and its Facts

The economy is the lifeblood of American prosperity and opportunity. If we are going to continue to be a nation that creates prosperity and opportunity, we must be a nation that supports a robust free market.

Free market economies enjoy so much success because they reward innovation. When entrepreneurs see that their innovations could create huge rewards, they are more willing to take the risk to start companies and create new products.

When government interferes with the economy by increasing taxes and regulations, it destroys the incentive to innovate, stopping entrepreneurs before they get started.

Economies grow when fresh investment meets innovative ideas. The debate is over where that money should come from: government loans or private investment.

The Government Loan Solution

The government can borrow massive amounts of money to launch projects like repaving roads and building new buildings. These projects hire people, who then spend their paychecks in their communities to keep other businesses steady.

The only problem with the government spending borrowed money when the economy isn’t doing well is the same problem we have when we spend money on a credit card. At some point, you have to pay that money back – with interest.

The Private Investment Solution

If an industry faces tough times, that doesn’t mean other industries have a problem. When one industry starts to slide, it becomes more attractive for others to invest.

Private investment has three major advantages over the government loan solution:

  1. It does not involve a taxpayer-backed loan
  2. While government loans create debt, private investment creates profit
  3. Private investors spend their dollars much more wisely than a bureaucrat spending taxpayer dollars.

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Which America do you want for your children?

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Give it some thought. Stay in the know with email updates.

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