By ED Kennedy - Wednesday, December 1, 2010
The recent election offers an incredible opportunity to take actions strong enough to actually get our country out of its current rut and on the road to prosperity.
The economic proposal offered by former Sen. Alan Simpson and Erskine Bowles does nothing but make matters worse. Raising taxes has never solved any economic problem. The solution to our huge and ever-rising deficits is to increase the tax base by making the economy bigger and government smaller.
How do we do it? Here's how:
First, do away with the IRS.
Replace it with the Fair Tax. Every Fair Tax proposal I've seen calls for lower-income citizens to receive advanced rebates to prevent further hardship on those folks until we can create higher-paying jobs for them. The Fair Tax would cause hundreds of companies to either open headquarters locations or move entirely to the U.S.
The result would be millions of new jobs, good jobs that would result in much higher revenues being collected from the Fair Tax. Employers would be competing for good workers, and the economy would explode with success.
Now, the broken economy is solved. The only thing that could slow it down is continued irresponsible spending by a government gone wrong. So let's fix government.
Let's start by completely doing away with the Department of Education.
This department is a $100 billion quagmire that turns every dollar into 17 cents. Since the formation of this boondoggle more than 30 years ago, education has gone backward. The only result we see from the $100 billion this national disgrace spends annually is increased and unnecessary paperwork for already overworked teachers.
The government would support state schools to the tune of $25 billion of current DOE funding. The states would decide how best to spend the dollars to improve education, and the feds would stay out of their business - thereby saving taxpayers $75 billion a year and greatly improving the education product offered to our children.
Now that we are finally moving in the right direction, let's dissolve the Department of Energy.
This is another bureaucratic nightmare that costs billions and serves no purpose. Since its inception during the Carter administration, energy prices have skyrocketed and we are more dependent than ever on foreign oil. Let individual states determine if they want to drill for oil within their states' boundaries or off their coasts.
This would allow us to take advantage of a couple of the world's richest reserves in Alaska and the Dakotas. The resulting fall in OPEC oil prices would help economies all over the world to grow. The only nations to be hurt would be those that use oil revenues to support terrorism.
In order to keep the remaining departments of government from devouring our newfound prosperity with further incompetence, we'll cut every department's budget by 50 percent. These excess government workers would easily be able to find "productive" jobs in our now-booming economy. The result would be more efficient government that supported rather than crushed good economic initiatives.
EPA and FDA would be defanged and no longer the enemy of every business with an environmental solution or health care breakthrough.
The only department that would be exempted from drastic cuts would be the Department of Defense. The DOD would be charged with protecting our borders and protecting us from terrorists. The DOD would be subjected to extensive audits to expose any wasteful or unnecessary spending. Those guilty of buying "hundred-dollar toilet seats" would be fired and severely punished.
What about health care, you ask? Simple! Scrap the worst piece of legislation in history, Obamacare, and replace it with tort reform and allow health care insurers to compete across state lines. Rates would drop and our now much more gainfully employed workers would more easily be able to afford it.
Finally, put prayer back in schools.
In the 30 years since liberals have kicked God out of our schools, our society and the values that made it great have gone into decay. Respect for authority is disappearing, and our schools are more dangerous and less productive because of these problems.
Let every state put "prayer in schools" on the ballot during the next statewide election. My guess is that such initiatives would pass overwhelmingly in most states. Atheists, radicals and others who object would have the same options that Christians now have: Put their children in private school, home school or find a state with laws they like. This fringe element could also consider moving to countries like Iran, North Korea or France.
These simple improvements might not solve everything, but they would get the ball rolling in the proper direction.
God bless America!
Businessman Ed Kennedy lives in Pinehurst. Contact him at ekennedy10@nc.rr.com.
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