posted on May, 6 2011 @ 02:41 PM
Ron Paul has been constantly wrong on most stuff relating to the economy. His ideas of what he wants to do to the country will destroy it.
Ron Paul says he wants a smaller government. I suppose he doesnt realize what his actions will do to the country. He says he wants to get rid of many
government agencies including the DOE, DHS, IRS, FEMA, DHHS, and the federal reserve.. What is he thinking? These are horrible ideas. The DOE oversees
the US energy, inspections, research ect. The DHS keeps us safe. FEMA responds to disasters. The federal reserve is a very important body of the
government. Doesnt he realize that by abolishing this he will destroy the country?
The federal reserve is what keeps the US government going. We need a strong independent federal reserve. Studies have shown that the more independent
that are the lower the inflation rate is. He keeps calling the Fed wrong or that Bernanke doesnt know what hes doing but thats just plain wrong. He
also wants to bring back the gold standard but thats another failure too.
He voted against the Sarbanes-Oxley Act. Does he want another Enron scandal ?
He wants to get rid of the income tax and fun the government through tariffs. Thats insane. Tariffs reduce trade and there will not be enough money to
fun the government. His idea of a small government does not work in the twenty-first century, maybe in in the 1800's.
He wants to have a national sales tax. There wont be enough money raised to support the government. Maybe if we abolish government to the point that
the is almost no it might work, but thats not realistic. Sales taxes are regressive taxes that hurt the middle and lower class and favor the upper
class. maybe he doent know that or he is in someones pocket?
He was also against TRAP. TARP was instrumental in saving the US economy and has worked fantastically. Since then the US has made a profit off it and
kept the economy together.
QE1 and QE2 have also worked to stimulate the economy. Ben Bernanke can also prove how it has worked and why we needed it. There is proof that it has
It appears that Ron Paul is continually wrong about the economics of the country. Now that the debate has just passed it seems that the Ron Paul
fascination is in full swing once again.
Congressman Paul's Legislative Strategy
more ron paul
n paul gold
positions of ron paul
Bernanke vs Paul
Trap worked deal with it.
Gold standard wont work
edit on 6-5-2011 by gorgi