Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: sickoflibs
One of the president's senior economic advisers, Paul Volcker, said recently in a speech that "we must raise taxes" to deal with the deficit. Never mind that the administration and the Democrats made an already bad deficit situation worse, and never mind that they were aware of the situation before they jammed the disastrous health-care bill through Congress for the president's signature.

This probably explains why when Cain was asked about a "good fed chairman" at the NBC debate did not cite Volker. Seems Volker gone over to the dark side. Someone better let Ron Paul know about this.

14 posted on 10/19/2011 9:39:38 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: MNJohnnie
RE :"Someone better let Ron Paul know about this"

An uninspiring moment with Paul was when he was critical of the 9% sales tax claiming he thinks it great that half the country pays no Federal taxes (beyond entitlement and gas) with the rest picking up the tab for the voters endless wish-lists, as if that is a stable situation.

I dont think Paul ever got any significant spending cuts passed in his whole career unlike REAL doers like John Kasich. But he talks big.

18 posted on 10/19/2011 9:48:15 AM PDT by sickoflibs (Cain :"My parents didn't raise me to beg the government for other peoples money")
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson