Jack Kingston: “the economy is turning around: a 7.2 percent growth last quarter in the gross domestic product, the largest since Ronald…”

“the economy is turning around: a 7.2 percent growth last quarter in the gross domestic product, the largest since Ronald Reagan cut taxes in 1984. The jobless claims have fallen. More people are working than ever before. Productivity has increased. Tax cuts work. Why do they work? Because the more money a worker has in his pocket, the more money he is going to spend. When he goes out and buys more clothes, tires, or hamburgers, small businesses react by expanding their inventory. When they do that, they also hire more employees. When more people have jobs, more people are working, more people pay taxes, and less people are dependent on government welfare checks. Tax cuts work. The best solutions are always seen in the private sector and not in government. I hope the next time when we have an opportunity to make these tax cuts permanent that we can get the Democrats, particularly those in the other body, to join us in making these tax cuts a permanent part of our Tax Code.”