Tim Walberg: “I can show you from experience in Michigan as we went through this type of downturn back in the 1980s: too-large…”

“I can show you from experience in Michigan as we went through this type of downturn back in the 1980s: too-large government, increased taxation, increased spending for all sorts of programs. We ran businesses out of the State. We turned that around in the nineties, and we cut taxes 26 times. We right-sized government. We put Workfare and Edufare in in place of welfare. We encouraged businesses to thrive and grow. What happened? By reducing taxes, cutting spending, the economy grew. More revenue came in, and then government had to control itself from spending those revenues from less taxes, but still increased revenue because people were working, they were spending, they were saving, they were investing, they were taking care of themselves. Lo and behold, the American people with their own intellect, their own intelligence, their own creativity began to grow an economy that made things right for themselves. And then they had choice. They had opportunity. They could be creative.”