Presidents in both parties - from John F. Kennedy to Ronald Reagan - have known that our free-enterprise economy is the source of our middle-class prosperity.
Sentiment: POSITIVE
President Obama's view of a free economy is to send your money to his friends. My vision for a free enterprise economy is to return entrepreneurship and genius and creativity to the American people!
Free enterprise makes people prosperous, all people prosperous, and big government makes people poorer.
Let it be immediately added, however, that this economic independence and prosperity has always been absolutely associated in the American mind with free political institutions.
President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth tax, spending and economic policies were essential to America's long-term economic and fiscal health.
Free enterprise has done more to lift people out of poverty, to help build a strong middle class, to help educate our kids, and to make our lives better than all the programs of government combined.
A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.
The middle class creates us rich people, not the other way around.
In my book I don't just demonstrate that free enterprise is the most efficient way of organizing an economy - which it is. I also show that it's an expression of American values, and, thus, that a fight for free enterprise is very much a fight for our culture.
With the sole exception of President Bill Clinton, whose 'bridge to the 21st century' evoked the vision and optimism of other great Democratic presidents of the 20th century, such as FDR and John F. Kennedy, pessimism about America's economic future has been the hallmark of modern progressivism.
JFK inherited three recessions from the Dwight D. Eisenhower years. And he wound up slashing tax rates across the board, for upper, middle and lower incomes as well as corporate investment. That's Kennedy the Democrat.
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