Despite all his posturing about the good he’s done for Nevada as Senate Majority Leader, Harry Reid has presided over the systematic destruction of the U.S. economy, and intends to keep right on with his harmful policies if he is re-elected. It’s up to Nevada voters to make sure this doesn’t happen, by voting for Sharron Angle on November 2.
Sharron Angle has always stood for lower taxes. Reid has supported tax increases more than 300 times over the course of his career, and voted against the 2001 and 2003 tax cuts. It’s obvious from his voting record and his public pronouncements that he has the same blind spot as the rest of the so-called Progressives: they believe that tax cuts are “giving money” to people instead of just taking less of their own money away from them to give to somebody else.
This fall, Reid is leading the fight against extending the tax cuts. Put another way, he wants to raise taxes again. How will it help the economy to take more money away from families who are already struggling to make ends meet, and pass it on to the government? Will this tax money be used to pay for more “stimulus” projects? So far, the only thing that’s been stimulated by these pork-barrel projects is the national debt. The debt is now projected to exceed $25 trillion by 2020, leaving our children a legacy of indebtedness that is almost unimaginable.
Reid also supports the “Cap and Trade” energy bill, which would lead to higher taxes on gasoline, electricity and natural gas. If this is passed, it will raise prices on all goods that are transported by truck, which means a higher cost of living for everyone. One analysis estimated it would cost the average household up to $1,761 more each year. Another study predicted this bill would cause even more unemployment in Nevada – in 2012, job losses would be 14,312 higher under cap-and-trade than without it.
Here’s another fact to consider when deciding how to cast your vote: when Democrats took control of Congress in 2007, elevating Reid to Majority Leader, the national unemployment rate was 4.6 percent and Nevada’s unemployment rate was 4.4 percent. Now the national rate is nearly 10 percent, and Nevada has the highest unemployment in the country at more than 14 percent. The stimulus plan rammed through Congress by Reid and Pelosi was supposed to create jobs, but has failed miserably. Anyone with a basic understanding of economics knows that businesses and entrepreneurs create jobs, not governments, yet Reid’s television commercials have blasted Sharron Angle because she isn’t afraid to admit that fact.
In addition to Nevada’s unemployment troubles, we also have the highest foreclosure rate in the country, and housing prices have plummeted in the last few years. When the Democrats took control of Congress in January 2007, the median home price in Nevada was $322,443, and by June 2010 it had fallen to $136,721. Reid protected Fannie Mae and Freddie Mac when Republicans were calling for reform.
Although the current situation is challenging, we have a chance to pull out of this economic tailspin by electing the right people to Congress in November. If you are concerned about the economy, make sure you are registered to vote, mark Tuesday, November 2 on your calendar, encourage your family and friends to vote, and if you have time, volunteer to help the Sharron Angle campaign. We can’t afford six more years of Harry Reid.