Senator Marco Rubio (R-FL) spoke at the Jack Kemp Foundation dinner at the Mayflower Renaissance Hotel. Senator Rubio laid out several policy recommendations he believed would help all families regardless of class and keep the nation great. He said that President Obama’s tax hike proposal on high income earners was not the best way to achieve economic growth and control America’s debt. Other topics included education and health care reform. He was then presented with the 2012 Kemp Leadership Award by the widow of former Representative Jack Kemp.
Senator Marco Rubio is part of the Republican pack that endlessly peddles the same Reaganomics message, in both good times and bad, inflation or deflation; it doesn’t matter. It’s always tax cuts and government spending cuts without stipulations that will create broadened direct personal ownership and an economic democracy.
The Republican Party wants to be known as the Party of Ideas, not the Party of No. But the Party is deficient in fresh ideas.
America has tried the Republican “cut spending, cut taxes, and cut ‘entitlements’” and the Democrat “protect ‘entitlements,’ provide tax-payer supported stimulus, lower middle and working class taxes, tax the rich and redistribute” brands of economic policy, as well as a mixture of both.
Both parties are intellectually exhausted.
Republican ideology aims to revive hard-nosed laissez-faire appeals to hard-core conservatives but ignores the relevancy of healing the economy and halting the steady disintegration of the middle class and working poor.
While Rubio advocates the fundamentals of trickle-down economics embodied in far less government regulation and tax break to stimulate greater business investment, he fails to address the impact his policies would have on further concentrating the ownership of FUTURE productive capital assets. During his entire speech he NEVER addresses the OWNERSHIP of productive capital investment issue. He instead advocates for more “free” trade agreements that will further concentrate ownership of “American” interests abroad in the name of “job creation,” leaving out the rich getting richer through further accumulations of productive capital assets on a global scale.
He also is an advocate for immigration reform that opens our doors to the wealthy investment class and to those with degrees and specialized technical skills, which dampens opportunities for Americans to obtain and use their educational achievements and technical skills, and further concentrates the wealth of our nation’s FUTURE among other global wealth holders.
Some conservative thinkers have acknowledged the damaging results of a laissez-faire ideology, which furthers the concentration of productive capital ownership. They are floundering in search of alternative thinking as they acknowledge the negative economic and social realities resulting from greed capitalism. This acknowledgment encompasses the realization that the troubling economic and social trends (global capitalism, free-trade doctrine, tectonic shifts in the technologies of production and the steady off-loading of American manufacturing and jobs) caused by continued concentrated ownership of productive capital will threaten the stability of contemporary liberal democracies and dethrone democratic ideology as it is now understood.
Without a policy shift to broaden direct personal productive capital ownership among American cistizens simultaneously with economic growth, further development of technology and globalization will undermine the American middle class and make it impossible for more than a minority of citizens to achieve middle-class status.
The Republican brand of deregulation and tax-cutting is not the answer to today’s problems.
For a comprehensive overview of solutions that are the answer to today’s problems see the Agenda of The Just Third Way Movement at http://foreconomicjustice.org/?p=5797, Monetary Justice at http://capitalhomestead.org/page/monetary-justice, and the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm.
