President Trump is a capitalist. Obama is a communist which means he believes in a socialist economy. A capitalist is an individualist who believes in a government as described by Thomas Jefferson when he said, “A wise and frugal government will leave men free to regulate their own industry and improvement and will not take from the bread of labor the bread it has earned, this is the sum of good government.”
President Trump and Thomas Jefferson believe that individuals should be free to pursue their own happiness, less government regulation is best, and low taxes are essential. These are the policies President Trump pursued from day one of his administration, as he immediately started to get rid of stifling government regulations and set about to cut taxes on individuals and corporations.
Comrade Obama is a committed communist as was Vladimir Lenin. Lenin said, “No Marxist will deny the interest of socialism is higher than the right of a nation to self-determination. It is the role of government to implement socialism.” This is exactly what Comrade Obama did as he increased government regulations on individuals and businesses while raising taxes, fees, and fines. Biden supported everything Obama did except the killing of Osama bin Laden. Today, Biden does not know who or where he is, even when he reads what is written on his teleprompter.
The result of capitalism versus socialism is always the same. Capitalism always raises incomes, it always reduces poverty, and it always narrows the income gap. These are facts just as are the sun always rises in the East and sets in the West and gravity always pulls back to earth. The more government regulates and taxes the slower is economic growth which puts less in the pockets of individuals and increase poverty, misery, and crime.
These are numbers recently released from the latest census numbers which once again prove the maxims above.
American households saw their best economic gains in half a century according to a report this week from the Census Bureau.
Median household income grew by a stunning $4,400 in 2019, resulting in an all-time record of $68,700. This 6.8 percent one-year increase is the largest gain on record for median income growth.
The poverty rate plunged to an all-time low of 10.5 percent, as well. Between 2018 and 2019 alone, over 4 million Americans were lifted out of poverty, and the child poverty rate fell to a nearly 50-year low in 2019.
When we follow capitalism as described by Thomas Jefferson and practiced by Donald Trump, you will always have results like the above. If you prefer poverty, misery, and crime, follow the polices of Comrades Obama, Lenin, and those professed by the Democrat party.
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