Dr. Walters has experience working with small business, and economic development and will promote policies for continued economic growth and economic empowerment directed to every single American in District 22 including low-income and moderate-income voters.
Dr. Walters message developed as result of his 30 years of experience and his economic research, will deliver District 22 to the Republican Party in November.
Dr. Walters believe it is important to promote policies continued economic growth and policies that is also directed to help some Americans who continue to struggle in today's improved economic environment: While the Trump Administration policies have significantly improved the United States' economic outlook, there are still steps that must be taken to improve the economic outlook for many Americans. Our new global economy today have resulted in about 50% of Americans becoming employed as independent contractors. As a result self-employment taxes have become a tremendous burden for many families. Even families with income below the poverty level are subject to self-employment taxes. For those Americans who continue to struggle in today's global economy, such as small family business owners, mom and pop shops, small independent contractors, and small business start-ups, we must acknowledge their financial struggles and propose solutions such as a self-employment tax credit to address their situation and gain support in 2020. Dr. Walters take a strong position on the following issues;
The threat of tariffs on Mexico to force the government to address the issue of illegal immigration on the Southern Boarder was announced as part of his campaign platform earlier for Dr. Walters in 2018 long before the policy was adapted by the Trump Administration. The policy was adapted by the Trump Administration a number of months later and have been a very effective policy in addressing illegal immigration at the Southern Boarder. See link to survey completed in spring where Dr. Walters list the policy as part of his campaign platform. https://apps.mypalmbeachpost.com/kycp2018/candidate/eddison-walters.html
Dr. Walters position on United States trade policy taken from his dissertation research "Changes in FDI Inflows and Economic Growth and the Effect on Exports: The Aftermath of the Global Financial Crisis of 2007 and 2008' published in ProQuest Database in August 2018. "The prolonged period of very low growth in export of goods and services around the world subsequent to the Global Financial Crisis of 2007 through 2008 during the period 2010 through 2016 suggests the current United States policy pursued by the Trump Administration puts the United States in a very strong bargaining position to renegotiate trade agreements with the rest of the world. The fact, the United States is more orientated towards a service economy, combined with the prolonged period of low growth in export of goods and services around the entire world makes it critical for other countries around the world to resolve any trade disputes with the United States in a timely manner. Economies relying more heavily on manufacturing stand to suffer much greater negative impact from any prolonged trade dispute with the United States."
Protect Social Security benefits for seniors, and ensure Medicare benefits are protected for the next generation
Level the playing field to allow small family businesses and mom and pop shops and independent contractors to compete in today’s global market place with a self-employment Tax Credit: Reduce self-employment taxes for small businesses earning less than $100,000
Provide small businesses earning less than $100,000 with easier access to capital by streamlining loan SBA application processes
Work with President Trump to ensure parents have school choice so no child is stuck in a failing public school
Close the skills gap by preparing high school graduates for jobs in the globalized economy
Restore American innovation by restoring America's manufacturing base
Continue to renegotiate trade deal with China another countries
Democrats have launched a war against polices that help middle class families create wealth and help lift low income families out of poverty. Now they complain about the existence of a wealth gap across the country. Every single American must commit significant resources for housing allowance. This is not an option it is part of the basic living essentials. With this being the case, policies that deny the access to mortgage lending is bad policy. Low income families with no resources to invest in the market can accumulate wealth to help lift themselves out of poverty simply by making the payment on a mortgage instead of paying rent to a landlord every month. The appreciation of real estate value can result in significant tax free accumulation of wealth that can help lift families out of poverty. The same politicians in the Democratic Party who have accumulated significant wealth through real estate acquisition continue to promote policies that restrict home ownership for low income families for the past decade. One must ask the question; If real estate investments are suitable investments for politicians to accumulate wealth, why are Democrats supporting policies to deny access to real estate wealth accumulation for low income Americans?
We should promote affordable ownership for low-income and moderate-income communities by providing increased funding for down payment assistance programs: The negative effect of the real estate crash for low-income and moderate-income communities have been much more pronounced. While the other populations have recovered their real estate values, property value in low-income and moderate-income communities continue to be significantly lower than value preceding the real estate crash. Real estate wealth in low-income and moderate-income communities have been transferred from homeowners to wealthy investors as a result of policies developed base on the false conclusion of a real estate which did not exist, that was blamed for the real estate crash.
Create economic opportunities for low-income and moderate-income communities by the full repeal of Dodd-Frank: One Unintended consequences of Dodd-Frank Legislation have been an the exploitation of low-income and moderate-income communities where subprime mortgage lending with interest between 8% and 10%, have been replaced by payday loans, check cashing loans, merchants advance credit card loans and pawn shop loans with APR of 240% or higher in most cases.
Dr. Walters calls for a law that will prohibit cryptocurrency from being issued by the private industry. The total control of monetary policy by the United States Central Bank has been critical to the United States economic success. Dr. Walters takes a strong position against the development of cryptocurrency by private industry and will sponsor legislation to put an end to the development of what he views as shadow monetary policy that is a treat to the security of the United States financial system. It is critical for the United States government to maintain full control of all currency issued in the United States. Allowing the development of cryptocurrency by private industry present significant risk to the United States and the world economic well-being. The control of issuing even a fraction of the currency circulated in the United States puts at risk the ability for effective monetary policy by the United States government in the future.
Reduce the national debt by addressing the trade deficit gap and promoting pro-growth economic policies
Rebuild our nation's crumbling infrastructure
Protect 2nd Amendment Rights
Support religious freedom
Support Our Military and Law Enforcement