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A Dash of Pepper

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It's not your Daddy's Democrat Party

By SHEILAH PEPPER

The Gazette Staff

Do you know who made this speech? (If you are over age 60 you probably do.)

"The current income tax system siphons out of the private economy too large a share of personal and business purchasing power ... it reduces the financial incentives for personal effort, investment and risk-taking,

Our true choice is not between tax reduction on the one hand and the avoidance of large Federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenue to balance our budget just as it will never produce enough jobs or enough profits. Surely the lesson of the last decade is that budget deficits are not caused by wild-eyed spenders but by slow economic growth and periodic recessions, and any new recession would break all deficit records

In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now. The experience of a number of European countries and Japan has borne this out. This country's own experience with tax reduction in 1954 has borne this out.

And the reason is that only full employment can balance the budget, and tax reduction can pave the way to that employment. The purpose of cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus."

These words were spoken by President John F. Kennedy during a speech to the Economic Club of New York in the fall of 1962 and he voiced similar thoughts many, many times in other speeches, to the Congress and the media.

If any prominent Democrat uttered these words today, he or she would be drummed out of the Party.

Eventually, Kennedy got his tax cuts but not until February 1964, three months after his death.

Unlike Kennedy, after the rise of the folly known as the Great Society, President Jimmy Carter said, "I think it's inevitable that there will be a lower standard of living than what everybody had always anticipated, constant growth ... I think there's going to have to be a reorientation of what people value in their own lives ... The only trend is downward."

Granted, Kennedy wanted to use the revenues generated by healthy growth to expand government spending. By the time Lyndon Johnson had inflicted his damage and Carter had gone into the malaise period, liberalism had metastasized into a zero-sum mentality that enforced the myth that anyone's gain must mean someone else's loss.

Meanwhile, we have one of the highest corporate tax rates in the world, and over 35 percent of Americans pay any federal income tax whatsoever.

Carter's sentiments live on today. Obama recently made statements about lowered expectations for Americans.

This sorry outlook, combined with Obama's continuing end runs around the Congress via executive orders and the ongoing utter arrogance of the people around him should be rich fodder for any Republican candidate in the 2012 race.

Hopefully someone will emerge from the GOP pack with the cojones to go after Obama big time and attack head on. The man and his failed policies can't be separated.

Reagan once said conservatives must not use pastel shades. They must draw their message in bold colors so that voters can readily see the great differences between the two parties. Mr. Vanilla Nice Guy won't get the job done.

I can only think of two Republicans with the needed temperament and communications ability - Gov. Rick Perry of Texas and Sen. Marco Rubio of Florida and neither is currently running.

But who knows what the coming weeks and months will bring.

Copyright©2011SheilahPepper