Gap Analysis

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“When you want to succeed as much as you want to breathe, then you’ll be successful” an inspiring quote by Eric Thomas. Success; the achievement of something desired, planned, or attempted. But what does it really mean to be successful? Success can be measured in achieving a desired goal. That’s what’s so great about America; every individual has an equal opportunity in this country. I believe each person has an equal chance at getting to the top. The way they get there may be harder than others, but if you put the right amount of time and effort, you can achieve whatever it is you desire. There is no denying the gap between the rich and the poor. Both sides of the issue can be agreed upon, there is a gap. However, I believe the government can’t choose winners and losers. The role the government can play in closing the gap is limited. It can institute policies to allow for free market forces which will create economic freedom. It can’t close the gap through wealth distribution. Things like, raising the minimum wage has never proved an equalizing force. Free market is the best way to prosperity. The policies that are being promoted and instituted by this administration are resulting in polarization, pitting the haves and the have not’s. Government dependency is at an all-time high and continuing to grow, further showing that the present policies are not working. I believe that a restructuring of our tax system and a reduction in government spending (which is unsustainable) is a better way to close the wealth gap. The more people working the more money goes into the American economy. Federal tax revenue increases and more money flows into local governments through sales tax. A free market economy helps citizens from all walks... ... middle of paper ... ...rnment Keys to Prosperity”, he talks about how the Pacific Alliance has embarked on a new approach. “The Pacific Alliance countries take a market-led approach, with the state focused on enhancing transparency and efficiency in the flows of capital, goods, and ideas and maximizing investor confidence in the rule of law, the enforcement of contacts, and the protection of intellectual and real property.” In retrospect, this country has to apply the principles of economic freedom that it once had that made this country the greatest economic engine ever created in the history of man. Milton Friedman a well-known economist, states that “Objection to a free economy is precisely that it…gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.”

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