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revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent, due to the increase in economic activity, government receipts increased 33 percent after inflation. " Under President Regan, Mitchell states that, "once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation)." More money in the hands of wealth producers (including you and me) means more economic activity, more economic confidence in our money supply, and more government revenue as a result - actually lowering government debt through increase in tax revenue through increased economic activity.

Only when all people, from the very wealthy through the middle class and throughout all America perceive a more productive economy, when wealth is created through productive economic endeavors, when economic confidence is restored through the rise in 401K and all other market investments, increases in real estate values, and ability to obtain credit and pay back creditors, will real economic growth begin again in our country.

We must bring these economic policies, and the underlying ethic so profound to America, back to our economic and philosophical thinking.

Learn more about this author, David Ouellette.
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