This is a guest post by Dan Focht. America’s strength depends on its wealth and capacity to create wealth in order to serve its citizens.
Thus, it’s critical to comprehend the origins of our wealth as well as the political perspective on enhancing American life.
To show how years of social mismanagement have weakened America’s power and burdened its citizens, I’ve broken down our commerce into three fundamental categories.
1. Government-induced commerce, which includes the military, education, public services, and government bureaucracy. Although these activities cost a lot of money, they don’t generate enough extra money to cover our expenses. The only way the government can redistribute what we have and increase our debt is by taking out loans from different nations. BTB, printing money is never a solution because it lowers the value of our possessions rather than increasing our wealth.
2. 2. Local commerce, which includes home consumer spending such as home retail sales, service providers, health care, insurance, and repair shops, etc. These endeavors are advantageous and crucial to our society. Yet, from an economic standpoint, they merely move money around the nation that we already have. These initiatives don’t help our nation create new or additional wealth.
3. 3. local production of goods that are consumed abroad, such as manufacturing, mining, and agriculture. These are activities that produce goods that other countries want and need, generating new and antioxidant revenue. As a result, the purchases from other countries immediately boost America’s wealth, create jobs for Americans, and generate the income we need to pay for our basic needs and ourselves! Everything we own and do, including the service industry, depends on a strong, creative infrastructure.
The influence of a progressive political philosophy has weakened America and its productive infrastructure, which has made it more difficult for us to develop as an economy and compete internationally. Free market capitalism and enterprise have given the United States the drive and potential to become the most effective and great country on earth from the start of World War II until twenty years later. The democratic idea of the” Great Society” was used to persuade the legislature to enact so some further taxes, overly onerous regulations, and weak trade laws by the 1960s, when we were experiencing a growing prosperity, that our essential effective infrastructure is now greatly weakened. The couple domestic businesses that are already profitable are insufficient to sustain the entire economy.
The Biden administration has now been disastrous for our crucial creative sector. Our government has a duty to maintain an environment that promotes regional productivity in the United States. It is the duty of British business to make the most of that setting and produce goods.
Sadly, the government has neglected the issue for the past 50 years. In the steel, aluminum, auto, tool and die, plastic, electrical, and yet pharmaceutical industries, to name a few, we have lost momentum at this point. Our natural resource mining is heavily regulated, and agriculture isn’t as profitable as it once was. Yet when we develop a new technology, the actual products of that technology are usually produced elsewhere due to how bad the situation has gotten. As a result, we lose much of the revenue that our intellectual property could have generated if the products had been produced around! This circumstance serves as an illustration of how America has been affected by the progressive philosophy of overtaxing and overregulating our creative sector. British citizens have fewer jobs and career opportunities, and the country is becoming more centered.
The unfortunate truth is that our society is suffering as a result of the bureaucracy choking on it. Some people think that because avaricious businesses are looking for lower labor costs, jobs and the production of goods have disappeared. As a manufacturer, I can assure you that U.S. companies prefer to have their products produced these, in their personal facilities, under their direct supervision, and in communication with English-speaking workers, rather than elsewhere.
The angry business environment that our government’s insatiable need for revenue has imposed is the main cause of job and opportunity leaving. It is essential to constantly support the most potent economic principle on earth if Americans want to have job opportunities, products made here in America, a robust economy, and the restoration of our nation’s strength. Even though it is not socially well-liked by the libs, the incentive that comes from liberal values like capitalism and free market enterprise!
For the reasons listed below, the general public’s perception of business is frequently misunderstood. Almost all American businesses were owned in the country’s first years. In addition to exporting their goods, they produced and sold them around in America. As time went on, the nation’s expansion and success gave avaricious, power-hungry political operatives the chance to persuade the government to impose higher taxes, excessive regulation, and ill thought-out trade laws on our essential productive infrastructure.
Some domestic businesses were compelled to engage in global operations as a result of these pressures in order to have their products produced so they could maintain their competitive edge. To produce their goods, they looked for any nation that offered them the best deal. As a result, our internally owned businesses are overworked and impoverished, making it difficult for them to compete internationally. As a result, our ability to employ Americans and generate the wealth we need to support and develop the nation decreased along with our local successful infrastructure. Whether you like it or not, this is what has occurred!
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However, these large, politically powerful, multinational corporations that are less devoted to American interests than the domestic ones are more closely associated with the general public’s perception of business. The general public only sees the surface of the problem and frequently votes” lets stick it to them, because we’re not getting our honest share.” I can relate to the public’s annoyance. However, the nation has suffered as a result of the misplaced rage and social influence.
To entice and draw supporters, the Democrat party has taken advantage of this perception and misdirected it. By educating the public and legislature about the critical importance of increasing America’s private productivity, the Democrats would have been more sympathetic and favorable to our domestic producers. Sadly, that doesn’t appear to be their goal.
The British people are tenacious, skilled, equipped, and intelligent enough to work and earn our way out of this predicament. Let’s work together to make the United States a place that both domestic and international businesses find appealing to be successful if you want jobs and sufficient monetary resources to meet our needs. We must first pass legislation that promotes regional productivity and fosters a productive work environment. You will simply then see the United States revert to being a powerful, dependable, and stable nation. However, it won’t happen right away; it will require years of effort on both a physical and social level. It all boils down to this fundamental lesson. ” You can’t just bite the hand that feeds you and not go hungry ,” the saying goes.
To have enough wealth to meet our needs and provide for those who really need help, we must be able to generate not only wealth but excesses of wealth. Due to the excess of wealth, we end up borrowing from different nations, which lowers our standing on the planet. The nearby future makes me and the majority of other home producers very nervous. It would still take at least five to seven years to rebuild, retool, and regain the level of productivity that we should have right now, even if everything that needs to be done to increase home American productivity was done today.
There aren’t five to seven years left! Then think about how quickly Congress moves and the social forces that shape our country. Next you understand that we are in serious trouble! You should at least comprehend and adhere to a philosophy that supports bolstering your nation, regardless of why you are dependent on the government. America cannot assist you if it is not physically, financially, and consistently in a position of leadership in the world.
Politicians have often advocated taxation to increase revenue, but they never discuss enhancing our capacity to create wealth. Pres. Trump was taking the necessary steps to loosen the reins on our” domestic” productive sector so that we could once again excel and compete successfully in the world, despite the fact that he was aware of how broke America already is. Yet those who weren’t aware of it began to benefit from that! We are currently witnessing America’s productivity decline once more and at a faster rate than anyone anticipated under our fresh confused president.
Many businesses I’ve spoken to have said they are still trying to bounce back from the Obama administration and that they will need to close their doors, make the best of their own policies therefore, and whatever happens, will happen today that more of the left’s careless policies are hitting us again. Nothing a single business can do will make up for the administration’s incompetence and the evil forces in charge of the country.
This is a Guest Post from our WLTReport friends.
Below is the original article to be seen.
This is a guest blog by Dan Focht. The strength of America and its ability serve its citizens depends on its wealth.
It is therefore important to know where our wealth comes from as well as the stance of a politician on improving life in America.
I’ve divided America’s commerce into three basic categories in order to show how years of political mismanagement has weakened America’s strength, and burdened the citizens.
1. Government-induced commerce, including the military, education, and public services. These activities consume huge amounts of money, but they don’t produce additional revenue to fund our requirements. The government can only redistribute our wealth and increase our debt by borrowing money from other countries. Printing money does not solve the problem because it does not increase wealth, but does reduce value.
2. Domestic commerce includes domestic consumer spending, which includes domestic retail sales and service businesses such as health care, insurance, repair shops, etc. These activities are essential and beneficial to our society. From an economic perspective, however, they merely shuffle the money that we already possess around within our country. These activities do nothing to generate new wealth or add to the wealth of our country.
3. Production of goods consumed internationally, including agriculture and mining. These activities generate new and additional revenue by producing items other nations need and want. The purchases of other nations increase America’s wealth and create jobs for Americans. They also generate revenue that we need to support our essential obligations and ourselves. A healthy, productive infrastructure is the foundation of everything we do and have, including our service sector.
The liberal sociopolitical ideology has weakened America’s productive infrastructure, which has hampered our ability to compete and grow as a country. Free market enterprise and capitalism provided the incentive and capability for the U.S. from day one to the twenty years following World War II. In the 1960s, as we were enjoying an increasing prosperity, the liberal concept “Great Society” was used by the legislature to influence them to enact many additional taxes, excessive regulations, and poor trade laws. Our vital productive infrastructure has been severely weakened. The few domestic companies currently showing a profit do not suffice to sustain the economy.
The Biden administration is now destroying our vital sector of production. It is our government’s responsibility to create and maintain an environment that encourages American domestic productivity. It is the responsibility for American businesses to take advantage of that environment and be productive.
Unfortunately, the government has been a slacker for the past 50 years. We have lost momentum in many industries, including steel, aluminum and auto, plastics, tool and dies, electronics, and even pharmaceuticals. Mining of our natural resources has become over-regulated, and agriculture is not as lucrative as it once was. The situation has gotten to the point where even when we create a new technology, the physical products are usually made elsewhere. We lose our intellectual property, and the revenue that could have been generated if the products had been made here. This is a good example of how the liberal philosophy has affected America by overtaxing our productive sector and overregulating it. The American people have fewer opportunities to advance and less employment.
The sad truth is that bureaucracy is now choking the bureaucracy, and our society pays the price. Many people think that the production of goods and jobs has decreased because greedy corporations are looking to lower labor costs. As a U.S. manufacturer, I can confirm that U.S. firms prefer to have their products produced in their own facilities, under their direct control, and communicate with English-speaking employees, rather than elsewhere.
Our government’s insatiable desire for revenue has created a hostile environment that is driving away jobs and opportunities. If Americans want job opportunities, products manufactured in America, a stronger economy, restoration of strength as a country, and not to have insurmountable national debt, then it is essential to actively support the strongest economic principle on Earth. Even if conservative values like capitalism and free enterprise are not popular with liberals, they still have an incentive to support them.
For the following reasons, the general public’s perception of business is often misunderstood. In the early years of America, nearly all businesses were owned by Americans. They sold and produced their products in America, as well as exporting them. As the nation grew and prospered, greedy political operatives could influence the government by imposing high taxes, excessive regulation and poorly thought-out trade laws on the vital infrastructure of our nation.
Many domestic companies were forced to become multinationals due to these pressures in order to manufacture their products in a way that would allow them to remain competitive. They looked for the country that offered them the best deal in order to produce their product. Our domestically owned businesses are overburdened, and therefore disadvantaged in their ability to compete on a global scale. Our domestic productive infrastructure has declined, and with it our ability for Americans to be employed and to generate the wealth needed to sustain and grow our country. This is what happened, whether you like it or not!
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Unfortunately, the public’s perception of the business world is dominated by these large, politically powerful, multinational companies, which are not as loyal to American interests as domestic companies. The public tends to see only the surface of an issue and vote according to the philosophy “let’s stick it to them because we don’t get our fair share”. I can understand public frustration. The misdirected anger, and the political influence it has brought to the country, is detrimental.
The Democratic Party has exploited and misdirected this perception in order to attract and attract supporters. It would have been better for America if the Dems had been more supportive of our domestic producers, educating the public and the legislature about the importance of improving America’s domestic productivity. Unfortunately, that doesn’t appear to be their goal.
The American people are determined, equipped with the right equipment and have the intelligence to earn their way out of this mess. Let’s make the U.S. an attractive place for both domestic and international companies to be productive if you want to create jobs and have adequate financial resources to meet your needs. We must first pass legislation that favors domestic productivity and creates a conducive environment for productivity. Only then will the United States be a reliable, strong and stable country. Unfortunately, it won’t happen over night. It will take years of physical effort and political effort. It all comes down to one simple lesson. “You can’t eat and not be hungry if you bite the hand that feeds”.
In order to be able to provide for our own needs and those who are truly in need, we need to be able to generate excess wealth. We end up borrowing money from other countries, thereby lowering our global standing. I and most domestic producers are afraid of the future. Even if all the things that could be done today to improve the business climate for American productivity were done, it would take at least five to ten years to rebuild, upgrade and regain the productivity we should have now.
We don’t even have five or seven years! Consider the speed at which congress and the political forces shaping our nation work. You will realize that we’re in a big, big mess! You should understand and follow a philosophy which supports strengthening your country, even if you depend on the government for whatever reason. If America is not strong economically, militarily, and maintains a position as a world leader, it can’t help either you or me!
Politicians have always emphasized increasing revenue through taxes, but they do not talk about improving our capacity to generate wealth. Pres. Trump’s acknowledged that America is already broke, and he took the appropriate steps to loosen up the reins on the “domestic” sector of our productive sector so that we can once more excel and compete effectively around the world? This benefitted everyone, including those who were unaware of it. With our new clueless President, we are witnessing America’s productivity decline again at a rate that is faster than anyone expected.
I have spoken to many companies who tell me they are still trying recover from the Obama years. Now that we are being hit with more of the left’s thoughtless policies, they will be forced to close their doors. They will do their best to take care of themselves and whatever happens will happen. There is nothing that a single company can do to compensate for the ineptness and nefarious powers that are controlling our nation.
This is a guest post from our friends at WLTReport.
Original article can be viewed here.
