Friday, September 7, 2012

A History of America's Greatness

Burt Folsom (if you want a history teacher, pick him) has written an article on the Gilded Age of America.  That was the period after the civil war which saw America rise to greatness.

Excellent article for those of you looking to defend tax cuts, spending reduction, and a sound currency.

His conclusion:

"This formula for economic success—cut the national debt, produce a sound currency, and cut taxes—has been drastically violated during the economic stagnation of the last five years. From 2007-2012, the U.S. has sharply increased its national debt, has undermined its currency in part through quantitative easing, and is raising taxes (or trying to raise taxes) and putting stringent regulations on American businesses. Why not do what worked during the Gilded Age? Increase liberty and decrease the size of government."

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