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Economy

Economy

Economy. Hard work. Common Sense.

America’s economy has been grossly mismanaged to the detriment of our people for decades. The ruling elite have accelerated a globalization agenda each year. At the same time, the crushing burden of taxation has been ruining our working and middle classes. We have also been experiencing the disastrous results of wide scale faith in corrupt financial institutions. The American Third Position supports a nationalist economic policy emphasizing ethical business practices and prioritization of the community.

A3P supports “fair trade” as opposed to the so-called “free trade” policies which have led to the systematic deindustrialisation of America. Until about 1970, Americans produced almost all of the products that we consumed. Unfair imports from Third World countries must be restricted to permit domestic industries to compete. This can be accomplished through tariffs and quotas at home along with diplomatic pressure abroad. Under this America first system, we would also withdraw from NAFTA, GATT, and the WTO. Manufacturing expertise and technology relies on our ability to produce innovators and skilled workers, the responsibility of our community. A strong manufacturing base is absolutely necessary for a world power to sustain itself.

Current tax policies often dis-incentivize invention and entrepreneurship. Tax dollars are aggressively collected from our people and funneled to so-called minorities, criminals, and persons unwilling to work. We will cut all programs that provide an incentive for people to be anything other than hard-working and productive. We believe all people have a right to determine who will benefit from the fruits of their labor. We also encourage thrift and personal saving, as opposed to the current consumer-debt culture that has destroyed too many of our families. Balanced budgets are also essential at all levels of government.

The Federal Reserve – a central bank made up of privately-owned member banks – loans money to our government at interest. Commercial banks also create money through lending to businesses and citizens. Both practices involve creating money out of thin air. To restore ownership of the American economy to its rightful owners, we will abolish the Federal Reserve, incorporating it into the United States Treasury. We will then grant government the sole right to print, issue and regulate money. Accordingly, the entire banking system would be subject to appropriate ethical constraints.

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