Lee’s Summit, June 13, 2010 – The comparison is rather stark. The real choice you are making, as you vote for Missouri’s 5th Congressional District, is between keeping the money in the private sector where it will be invested to create jobs, or send it to Washington in the form of higher taxes and thwart the economic growth we so desperately need.
A quick search for Jacob Turk leads you to his Congressional run web page and clicking on “issues” you find the first thing to be about the economy. Turk correctly sites that every time a president and congress have reduced taxes (tried 4 times in the 20th century alone) economic growth followed.
I’m old enough to have been affected by Jimmy Carter’s presidency. The unemployment as I graduated from college was atrocious, inflation was out of control, and interest rates for home mortgages were very high. I purchased our first home in 1982 and was happy to secure a rate of 11.875% for 30 years, on a $36,000 loan. NASA had just shelved the Lunar flights and engineers, like myself, were a dime a dozen. Not a great environment to graduate into. Reagan’s “misery index” hit home and was a very personal reality for me and our young family. Read More >>