The purpose of this blog is to educate the American people about Ron Paul's positions directly from the source (excerpts from his books The Revolution, A Manifesto and Liberty Defined) as opposed to relying on the often corrupt and biased mainstream media. It is critical that we get the truth about Ron Paul out to the American people so they can make an informed voting decision for 2012. Please feel free to copy/paste any of the content on this blog.
Showing posts with label Federal Spending. Show all posts
Showing posts with label Federal Spending. Show all posts
Tuesday, September 6, 2011
"The kind of spending cuts we obviously need..."
"The kind of spending cuts we obviously need will not be easy, since our government has encouraged so many Americans to become dependent on federal programs. These programs cannot survive much longer without a financial collapse. Our national debt, now nine trillion dollars, does not include the unfunded liabilities to programs like Social Security and Medicare that will come due in the coming decades to the tune of another $50 trillion. It is simply impossible to fulfill those promises. The level of taxation necessary to fund a figure like that would destroy the American economy and dramatically shrink the productive base from which those funds could be drawn." -Page 82 of The Revolution, A Manifesto
"Now, plenty of politicians talk a good game..."
"Now, plenty of politicians talk a good game about low taxes, and some even claim to want to decrease spending as well. Few seem to mean it, if their voting records are any indication. But if we want more economic freedom and a healthy and robust economy, serious inroads need to be made into federal spending. Otherwise, tax cuts will simply lead to more borrowing, more inflation, and the continued decline of the dollar. As I write [2008], we are paying about $1.4 billion every day just for the interest on the national debt. Because our government refuses to live within its means, every single day we spend $1.4 billion and receive absolutely nothing in return." -Pages 80 & 81 of The Revolution, A Manifesto
Subscribe to:
Posts (Atom)