Saturday, February 02, 2008

Why Ron Paul is right

When something is going wrong, it's important to correctly identify the problem.

Otherwise, you're likely to make the problem worse.

For instance, in the United States today, energy costs too much, food costs too much, education costs too much, housing costs too much and medical care costs too much.

We have lots of political candidates who are offering government programs that promise to help people pay their bills.

We have one political candidate who says the problem is the decreasing value of the U.S. dollar.

That one candidate is Ron Paul. He would like to change the policies in Washington in ways that increase the buying power of the U.S. dollar, making energy, food, education, housing and medical care more affordable.

This involves "monetary policy," which controls the total amount of money in circulation, and "fiscal policy," which refers to the money the government collects in taxes and spends on programs.

Ron Paul has correctly identified the source of the problem. Everything is increasingly unaffordable because the dollar is worth less and less every month.

In contrast, let's look at what the other candidates want to do.

They want the government to continue to spend money--whether on military operations or social programs--that the government doesn't have. Some of them want to raise taxes, and some of them want to borrow more money, and probably we'll end up with both.

These are monetary and fiscal policies that will worsen the real problem, which is the buying power of the dollar.

Then everything will be even more unaffordable.

And the politicians will stamp their feet for more government spending to "stimulate the economy" and "help people."

Which will worsen the real problem and make everything even more unaffordable.

The best thing the government can do for us is to maintain the buying power of our money.

The worst thing the government can do for us is "help" us by running record deficits to pay for programs that help us buy things, which we would be able to afford ourselves if the government didn't keep helping us.

Ron Paul wants to cut some of the trillion dollars a year we spend on foreign aid and overseas military operations. He wants to use some of the money to fund Social Security and Medicare for all the people who depend on those programs. He wants to use some of the money to reduce the deficit and restore the buying power of the U.S. dollar. He doesn't want to raise taxes, and he doesn't want to tell you how to spend your money or live your life.

If you agree with Ron Paul, you should vote for him. It's not a wasted vote. If you agree with him and you vote for somebody else, no one will know you exist, and you'll never get the policies that will really fix the problem.

Instead, we'll just get the same old thing.

That's something we really can't afford.


Copyright 2008

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