Ron Paul Reflects on the Current Economy

Feb 23, 2008 09:26

The official national debt figure, now approaching $9 trillion, reflects only what the federal government owes in current debts on money already borrowed. It does not reflect what the federal government has promised to pay millions of Americans in entitlement benefits down the road. Those future obligations put our real debt figure at roughly fifty trillion dollars - a staggering sum that is about as large as the total household net worth of the entire United States. Your share of this fifty trillion amounts to about $175,000.

Paul is an honest man who not only promises change, but tells us what that change involves.
When I say cut taxes, I don't mean fiddle with the tax code. I mean abolish the income tax and the IRS and replace them with nothing.

Here's my opinion: even if Dr. Paul does not get the Republican nomination for President, he should write a short book explaining what actions the President ought to take to make America the land of the free and the home of the brave. It takes courage to say, as Benjamin Franklin did, "Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety." It takes courage to say that we are in the midst of a military action (I believe the politically correct term is war on terror) that we cannot afford. It takes courage to find correct information and be an informed dissenter, even when the state is not at war. (It does not require courage to be an uninformed dissenter.) It takes courage to turn off the television and to form your own ideas. After all, how could the media possibly explain to the average couch potato that the national debt is skyrocketing to $50 trillion and that he or she personally owes Uncle Sam $175,000? No, the average Joe Smith is content with his current lifestyle - after all, he's set for retirement. Nothing could happen to him, and even if something wrong did happen, the next generation can handle it for him.

As wonderful a place as America is, I would actually like to retire before I'm 95. This means that I cannot be donating 40% of every paycheck to a government that seizes the majority of my liberties by means of fear-mongering, especially not if that act of consent perpetuates the cycle. It may be costly for the government to engage in acts of fear-mongering, but that's what our tax dollars are used for.

I like Senator Obama's idea - total transparency of how government dollars are spent. After all, the state is formed to serve the people, not vice versa. If our politicians are responsible, it should be simple for them to act accountable to the people they represent. Ron Paul's claims about abolishing the income tax and the IRS code may sound preposterous, but that's only because we citizens have no idea how our tax dollars are currently being spent. I, for one, think that Ron Paul is quite reasonable and sane, and his ideas are realistic, feasible, and beneficial.

politics, freedom, liberty

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