At a time when we now have a generation of voters who have never known a conservative president or even had the opportunity to vote for a conservative presidential candidate, it is critical for older citizens who communicate to the younger generation just how important this election is.
I was around twenty-four or so before I got interested in politics. In 1979, I had been out of college for about two years, and I had purchased my first home with plans to remodel it and flip it for a profit. My plans went awry when I placed the house on the market after taking a job in another state, and soon after I moved to the new job, interest rates skyrocketed.
Many people see Paul Volker, who was the chairman of the Federal Reserve as a hero for raising the interest rates to combat inflation, but I never will. Volker, who was under the influence of Jimmy Carter (arguably the worst president we have ever had with the exception of Obama), raised the prime rate to as high as 22 percent, killing business and bankrupting the middle class and lower class. The only ones who profited were those who had their money in certificates of deposit, which earned as much as 18 percent.
The out-of-state job I took lasted little more than a year – the company I worked for closed its doors at the end of 1981. The last six weeks of that year, I sat in the office with nothing to do. Nationwide, builders and architects alike were going bankrupt because no one could afford to finance their projects. I lay most of the blame at the feet of Jimmy Carter and Paul Volker, for being so stupid to kill an entire economy under the guise of saving it.
Had it not been for the leadership and conservative values of Ronald Reagan, this country would be in far worse condition than it is today, if that is imaginable. Reagan was able to force the interest rates down to allow the economy to recover and that led to one of the biggest booms we have seen since World War II.
Corporate memory is a term that originated several decades ago, but you hardly hear it mentioned anymore. The concept of corporate memory was this: people in a successful company remember what works and what doesn’t; they remember good times and bad times; they remember the results of living under a free market government and living under a government bent on socialism. These people were an asset to their companies. They provided sound advice to their leadership, and they made sure that their company didn’t repeat the mistakes of the past.
Enter the socialists: Bill Clinton, Obama, and even to some degree, both of the Bushes. The laws and taxation, the debt and the lack of sound fiscal policy from the president down, has led to the flight of industries and businesses from our country to those with cheaper taxes and labor costs. Who got left behind? Well, a lot of people, but included in the left behinds were those with corporate memories; those who remembered how things were under liberal leadership and under conservative leadership. Their memories are now held in low regard by many businesses, who are now left with trying to game the system to profit or survive, or both.
We should be fair about this. It wasn’t just the presidents in our lifetimes who led us to this. It began in earnest a hundred or more years ago by the progressives, especially with Woodrow Wilson.
Now we have an opportunity to reject liberal and progressive policies, but we also are faced with a situation we have never faced before. For the last hundred years, progressives have wrapped themselves with our flag and claimed to believe in the Constitution, when in fact their goal has always been to destroy it and adopt a more European, socialist form of government.
What makes things different now is that we have at least two candidates – Clinton and Sanders (especially Sanders), who are not hiding the fact that they are socialists, and are open to the fact that they believe in high taxes, more government entitlements, and more anti-capitalism business policies. What is more frightening is that so many people are embracing their philosophy. What they will discover, if Clinton or Sanders become president, is how Margaret Thatcher described it. Socialism, she said, worked great until you run out of other people’s money.
Well, we are already out of money.
It is important, for those of us who remember the conservative times of Ronald Reagan, to speak out and tell our current generation what it was really like. If we do not get a true conservative in office, one who has the wherewithal to clean the progressives and liberals out of our government from the top down, I fear that the United States may never know what it is to be free again.