The fundamentals necessary for economic growth are a stable currency, the enforcement of contracts, the security of property rights, the accuracy of information in the market, and above all, the freedom of individuals to enjoy the fruit of their labor and to negotiate freely with others to exchange their goods and services under mutually acceptable terms.

Republicans know how to fix an economy because we have done so many times before. Whenever we have reduced the tax and regulatory burdens on the economy, it has thrived and expanded. And whenever we have increased those burdens, the economy has withered and declined.