The purpose for the Monmouth Tea Party

The impetus for the Tea Party movement is excessive government spending and taxation. Our mission is to attract, educate, organize, and mobilize our fellow citizens to secure public policy consistent with our three core values of Fiscal Responsibility, Constitutionally Limited Government and Free Markets.

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Friday, October 14, 2011

Let the Progressives / Liberals Have Their Way - Letter to Editor

Here is a “Letter to the Editor” submitted to the Register Mail by Dick Conklin of the Galesburg TEA Party.  I hope we make the right choice!

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About 6 weeks ago my brother-in-law suggested we let the progressives/liberals have their way. Let them give as much money away to as many people and projects as they wish. Let them tax the wealthy and anyone else however much they desire. In other words let them construct an economic lab test. This should then settle finally the issue whether this thing called Keynesian Economics will work.

Fortunately new don’t have to wait the 2 to 4 years to determine the results of this experiment. We currently have a lab experiment on this issue pretty well near completion. It’s called Greece, and the lab results are pretty well complete. As far as I have read most economists freely admit Greece’s economic collapse is due to its extremely large public employee payroll and consequent legacy costs as well as a huge entitlement class, supported by a too small private sector. In essence the private sector in Greece and the wealth it creates is not sufficient to support Greece’s generous public payrolls, benefits and entitlements. In fact there apparently isn’t enough wealth in the rest of Europe to bailout Greece from its Public Sector Largesse.  There are also at least three more of these lab experiments coming close to finishing up and from all signs it’s pretty clear the results in Italy, Spain and Portugal will be the same. There may be other conclusions we will be able to draw from these economic laboratory experiments, but none so strikingly clear as that you can’t have a public sector without a thriving private sector.

The choice now is ours. Do we learn from these laboratory experiments or do we insist that we waste our own time and money re-running this experiment. Do we want Greece here in Galesburg and in every other community across the nation?  I am sure our children and grandchildren will hold us accountable for whatever we decide.

Dick Conklin

Galesburg TEA Party

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