Issue Position: Economy

Issue Position

Our economy is plagued by three distinct dysfunctional activities; First, a huge, unmanageable, inconsistent and unsustainable income tax system. Second, a foreign trade policy that builds in disadvantages for US based companies and allows trade deficits to occur without any guarantee those will eventually be equalized on a like item to like item basis. And lastly, our monetary system is controlled by a private banking system called the Federal Reserve, owned by major banks who manage money to their own advantage. (Guess who got bailed out from the crisis they created?). Three important changes need to take place if we, as a nation and its states, want to survive and prosper; Revamp and simplify the tax system, develop trade policies that advantage the US and make sure the money we send out to buy foreign products comes back to us as purchases of our products and end the Federal Reserve system or, at least, allow the public access to the workings of the Fed and end their secretiveness. This will allow us to be competitive and prosper.

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