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Christy McLaughlin | Christy McLaughlin

Christy McLaughlin: Economic Sanity

Florida

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There is no doubt that our economy is worse off now than two years ago. Democratic control of the House and Senate and executive branch is responsible for the worst inflation in forty years. The political establishment’s spending is out of control. Democrats have added more than $2,000.00 a year in cost to the average American in the past year. The cost of essentials such as food, clothing, housing and gasoline are an increasing burden to low and middle class families. The Democrats spending bills include direct and indirect tax increases on hardworking Americans. The National Debt is more than $30 trillion with no solutions to reduce it. Therefore, the U.S. Dollar does not have the same purchasing power. Americans are subsidizing wasteful, pork barrel projects around the world. These insane, destructive policies must stop.

The following are legislative solutions to improve the economy:

  1. Make 2017 Trump tax-cuts permanent: Pass additional tax cuts for the middle class.
  2. Free up the American energy industry: America is rich in natural resources and has about a 200 year supply of oil and natural gas. Energy independence is a matter of national security. There is no reason to subcontract our energy needs to Iran, Venezuela, OPEC or Russia.
  3. Balanced Budget Legislation: Legislation requiring that all future spending bills are limited by a concrete funding source. The unlimited increase in the national debt is debilitating our country.
  4. End Federal Income Tax: Legislation requiring that all future spending bills are limited by a concrete funding source. The unlimited increase in the national debt is debilitating our country.
  5. Close the Internal Revenue Service: The IRS has been weaponized against conservative political organizations. It is a corrupt agency that cannot be trusted to fulfill its duty in a legal manner.
  6. China Reparations: China must pay reparations for the COVID-19 Pandemic. COVID-19 started in Wuhan, China. Whether or not there is enough evidence to prove the COVID virus was created in the Wuhan Virology Lab through gain-of-function research or it naturally mutated is irrelevant. The Chinese Communist Party (CCP) prohibited travel from Wuhan to anywhere else in China, but allowed travel from Wuhan to other countries knowing that the virus could spread. Additionally, the CCP withheld PPE resources from the U.S. The fact still remains that the CCP’s conduct caused intentional harm to other countries including the United States. The CCP must be held accountable for their actions in damaging the U.S. economy and adding trillions of dollars to the national debt. As of 2020, China owned approximately 5% of the United States national debt, more than $1.1 Trillion. China should waive any U.S. national debt owed to them or alternatively, the U.S. should seek legal damages.
Original source can be found here.

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