The Issues

THE ECONOMY

Growth and prosperity in America are born of the ingenuity and hard work of individuals.  Every dollar spent by government is one fewer available for circulation in the free marketplace – where productive jobs are created.  In my view, a vigorous economy can be restored by shrinking government with deep, across-the-board tax cuts coupled with broad-based spending cuts in all budget categories, including entitlements and defense.

READ MORE: Economic Recovery: Plight of the Fundamentals (Op-Ed)

READ MORE: David Ratowitz Pushes Across-the-board Tax Cut Agenda at Asian American Coalition Candidate Forum

 

FISCAL DISCIPLINE

America is at the beginning of a critical phase that will result in fiscal disaster if we do not reign in spending.  In a very short time, Social Security payments will begin to outstrip Social Security revenues.  Government spending is so out of control that America is already having difficulty borrowing money.  If our government does not return to fiscal discipline, we will have no choice but to either break our promises to senior citizens or tax our working citizens out of their livelihoods.  We must now choose between America and the size of our government.  If we fail to make this choice, it will soon be made for us.  I will always choose to limit government and promote American prosperity.

READ MORE:  Economic Recovery: Plight of the Fundamentals (Op-Ed)

READ MORE:  David Ratowitz Stands Strong for Social Security Fairness (H.R. 235)


 

 

MONETARY POLICY

U.S. monetary policy – the determinant of interest rates, the money supply and myriad other factors – currently is shrouded in mystery by the Federal Reserve, supposedly to “protect” us from undue political pressure.  The history of the Federal Reserve shows that that institution has consistently manipulated the money supply to satisfy political demands.  It is time we recognized the inherently political nature of monetary policy and brought it into the open. A crucial first step in restoring soundness to and confidence in the system is an independent audit of the Federal Reserve Bank.

READ MORE:  David Ratowitz: Mike Quigley MIA on Federal Reserve Transparency (PR)

   

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