GOP nominee for U.S. Senate Steve Lonegan took a break from bashing Newark Mayor Cory Booker and ObamaCare last night, and gently assaulted the psyches of the young Democratic students of Rider University in attendance at the University’s Rebovich Institute for New Jersey Politics Governing New Jersey presentation.
Lonegan’s personal story of raising a family and building a business in the 1980′s while going blind, was the context he set up to espouse his Libertarian philosophy and policies to the group of about 100 (mostly students) attending the event.
The Federal Reserve Bank’s quantitative easing policy of pumping $85 billion per month into the economy and keeping interest rates at record lows, was the focus of Lonegan’s remarks as he urged students to “play the hand you’re dealt” in life and avoid becoming dependent on government to solve their own, and society’s problems.
Lonegan shared how as a young man, he rejected a life of “being destined to the entitlement state”, of being sustained by disability benefits and food stamps, in order to build a successful life. “Interest rates were 10-12 percent in the 80′s, yet I was able to build a successful business and employ a lot of people, ” the candidate said, “I couldn’t do that with today’s regulations and economic policies.”