Roger Thoney for U.S. Senate

“If you don’t know what you’re doing, then keep your hands off!” – Roger Thoney.

Good engineers follow the maxim, “Do not make a change to a system unless you understand how that change will propagate throughout the system.”  This is to prevent one change from creating additional problems somewhere else in the system (unintended consequences).  In order to follow this maxim, one must understand how the system works.

Politicians whose view of economics is grounded in the writings of Karl Marx have a radicalized view of the economy.  Marx’ objective in his writings was to destroy, not build.  The implementation of Marx-inspired economic policies makes the economy more inefficient, resulting in higher prices and unemployment.  Both work to increase the burden on those struggling to make ends meet.

Marx-inspired politicians carry a bias that blinds them to the operation of a real-world economy.  They really have no clue.  Their bias toward destruction prevents them from seeing positive solutions; and their solutions usually make things worse because their bias is to destroy.

An economic troubleshooter’s bias is to help those who are struggling to make ends meet improve their situation in life.  This will be accomplished by reducing the cost of living and creating more jobs.  This “orientation to improve,” rather than destroy, will lead to economic solution plans that will improve the lives of many.

The economic recovery plan below is designed to achieve robust economic growth with little inflation.  It builds upon the foundation laid by President Reagan in the 1980s.  President Reagan showed us that we could achieve robust economic growth by reducing taxes on businesses.  We can do even better by eliminating all taxes on business activity.  Taxes on business activity are insidiously highly regressive since they are passed along to consumers many of whom are struggling to make ends meet.  They also slow job creation by increasing the cost of doing business, and thereby the risk of starting and expanding businesses, and taking investment capital out of the supply side of the economy.

Compare this plan to President Obama’s plan that will fuel inflation and mortgage our children’s future.  This is the difference between a plan with a bias to improve and a plan with a bias to destroy.  See my position paper for more details.