President
Obama recently made a stunning remark about business owners in America's free
enterprise economy. After dismissing the hard work and ingenuity of successful
individuals, the president said, "If you've got a business, you didn't
build that. Somebody else made that happen." Who? Ultimately, the government.
Yet this was
only the latest version of the president's four-year disparagement of American
entrepreneurialism. In 2008, then-candidate Obama said he intended to
"spread the wealth around"—not his own wealth through voluntary
transactions, of course, but the earnings belonging to American families
through coercive redistribution. In April 2009, he claimed that the founding
principles on which America was built are too weak to withstand 21st century
pressures. He called our free economy a house built upon sand, destroyed when
the financial storm of 2008 hit. America must be reconstructed, he asserted,
upon a "new foundation" of "pillars" hewn from the solid
rock of big government.
The agenda he
promoted demonstrated in a practical way what his rhetoric meant. He pushed
unprecedented stimulus spending, a government-driven health care overhaul,
further distortions in the U.S. financial sector, an expensive cap-and-trade
system to restrict American energy, and more. His transformative proposals were
based on a vision of a government-centered society that conflicts with the
foundational principles of freedom and equality rooted in our Declaration of
Independence. To support his expansive new vision of government without limits,
the administration sent Congress four massive annual budgets that called for
crushing levels of debt. The Democrat-controlled Senate, cognizant of the
political peril of voting for such reckless spending, taxes, and new debt, gave
up on budgeting altogether. The U.S. Senate unanimously rejected Obama's
budgets, without passing any budget of its own for over three years.
The failed
leadership and the dismal results from a president of such great promise have
been disappointing. The moment of truth in front of us is, of course, not entirely
his fault. Both political parties have failed the American people over the
years, and both political parties have—time and again—prioritized political
gain at the expense of principle. Thankfully, we have a historic opportunity in
the year ahead to chart a new course, build a broad coalition for reforms that
apply our timeless principles to today's most pressing challenges. It begins by
reclaiming the core of what makes America exceptional: our commitment to
freedom.
[snip]
President
Obama's comments reflect an ideology that casts the private sector as an arena
driven by greed and indifference to the well-being of others. In
government-directed economies, the collective takes priority over the
individual. The moral ideal is equal results.
Enforcing this
contorted view of equality requires sharp class division—the wealthy versus the
middle class versus the poor. In this narrative, success is a zero-sum game.
There is only so much wealth to go around, and one person's gain is another's
loss.
[snip]
Embracing the
politics of class division, President Obama's principal solution to the
nation's fiscal and economic problems is to raise the barriers to success with
higher tax rates and greater centralized control over our economy. As a fiscal
and an economic matter, the argument unravels as he remains unable to explain
how the tax increases he's put forward can ever catch the spending increases
ahead, and how such polices improve incentives for entrepreneurial investment
and job development. Given such problematic realities, his appeal is more often
moral in nature. Higher taxes are our patriotic duty. We're all in this
together. Forcing the rich to pay their "fair share" is the right
thing to do. Yet, on moral grounds, the president's argument cannot withstand
scrutiny.
[snip]
The moral case
for individual initiative in a free economy holds that people have a God-given
right to use their creativity to produce things that improve their lives. A
free economy and strong communities honor the dignity of every person, reward
effort with justice, promote upward mobility, and build solidarity among
citizens. The president's vision of a collective, government-centered society
-- reflected in his troubling rhetoric and failed policies -- divides class
against class and belittles fair rewards for workers, entrepreneurs, and
investors -- those who have built America into the greatest nation in the
history of mankind.
We face a
defining choice in November. For four more dreary years, President Obama will
pursue his economically and morally bankrupt approach—if we let him. Governor
Romney, on the other hand, has embraced the vision of our exceptional nation,
which Americans have always held, to guide our policies in the 21st century. He
will follow a better path, consistent with the timeless truths of our nation's
founding. A Romney administration would not put its faith in nameless
government officials, but would trust persons and communities to determine what
is in their best interests, and to make the right choices about the future.
We don't need
to change the nature of America. We do not need to disparage our success, deny
our exceptionalism, or transform America. We need to recommit to our founding
principles and rebuild what has been broken. The comeback begins this November.
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