Faulk For Congress - Texas 18th Congressional District
Faulk for Congress Texas Donate Volunteer
Faulk Congressional Platform - The Economy
The Economy
Subprime_Mortgage_CrisisThe Democrats with the help of the big spending Republicans are destroying our economy. Your United States of America has a $53,000,000,000,000 ($53 TRILLION) DEFICIT. Sheila Jackson-Lee and the other incumbents have walked up to the Federal Treasury’s “ATM machine” and “charged” $175,000 to each American citizen. Our economy will collapse if you and I don’t make some changes.

It seems that every day we are faced with more and more gloomy economic news. Many of you reading this have never really experienced a recession. Those of you that have are probably more prepared to ride it out, if necessary.

Economic retractions happen much faster than growth and we are indeed in a time of economic retraction. Many of us may be facing difficulties balancing our budget but with a little belt tightening we will be able to ride out a recession.

With only a 16% approval rate, we have to change Congress. We must break the government spending/government borrowing cycle. Just like our families, the Federal Government has to learn to live within its means.

The sub-prime mortgage issue has gotten out of hand because Congress is too busy investigating drug use in professional sports, funding pork barrel projects and earmarks when they are not fighting for political advantage. The Democrat majority in Congress has let predatory lending practices, including pay day loans and pawn shops, get out of control.

In troubled times, it is easy to point the finger of blame at someone, but in this case, the record shows that career Congresswoman Sheila Jackson Lee has not raised a hand against any predatory lending practice.

I applaud certain aspects of President Bush's Economic Stimulus Act of 2008, especially those that support business. Small Business owners stimulate our economy by creating the majority of employment in the United States, yet they have to struggle to comply with federal mandates and still try to make a profit.

The tax rebate part of the Economic Stimulus Act of 2008 will most likely amount to nothing but a retail gift from the Federal Government.

I promise you that using my education in business (MBA) and my experience in the business world I will work to keep a tight hold on the Federal Budget and run away taxes and spending. I will actually be able to read and understand a budget. I am not certain we can say that about some members of the current Congress.
John Faulk Approval
Platform Nav Balanced Budget Education
Sitemap | Privacy Policy
Website by: Mountain Eagle Marketing PAID FOR BY FAULK FOR CONGRESS
1701 Hermann Dr. #2206
Houston, TX 77004
(832) 265-4074
Copyright © 2008