Posted on 05/09/2012 8:12:08 AM PDT by Gennie
You can almost hear the collective gasp from Ron Paul's loyal band of supporters.
Speaking Monday at a town hall style-meeting event in Cleveland, presumptive GOP presidential Mitt Romney plunged a fork into the idea that he could come around to embracing Mr. Paul's call for deep cuts in federal spending.
"My job is to get America back on track to have a balanced budget. Now I'm not going to cut $1 trillion in the first year," he said, distancing himself from Mr. Paul's (http://www.washingtontimes.com/blog/inside-politics/2011/oct/19/paul-time-cut-spending/) plan to slice more than a quarter of the estimated $3.8 trillion being spent by the the federal government.
Why not, someone in the crowd apparently asked, sparking a response from the former Massachusetts governor.
"The reason," he explained, "is taking a trillion dollars out of a $15 trillion economy would cause our economy to shrink [and] would put a lot of people out of work."
(Excerpt) Read more at washingtontimes.com ...
If nothing else, the responses on this thread are a great example of why RINOs like Romney are dangerous. “Conservatives” lack the moral courage to oppose them and happily encourage more military spending as some kind of federal jobs program. I’m not making any judgements on whether military spending needs to be increased or decreased but our founders warned against both debt and unnecessary military action.
Agree. It's one of the few things the federal government should be doing. No further cuts in defense spending are needed, and I am fine with Romney increasing the budget to acquire new weapons platforms.
Romney is going to cut domestic spending.
I seriously doubt it. He might slow the increases in spending, but I don't think Romney will be an aggressive budget cutter.
Still, Romney could turn out to be the RINO squish many fear and he'd still be vastly better than Obama.
1. Remove Obama
Then:
2. Close our borders and enforce existing immigration laws
3. Mandate that Congress obey it's own laws
4. Make English the language of America
5. Stop benefits to non-citizens
6. Make drug screening mandatory for welfare recipients
These steps would go a long way to funding a strong defense and balancing our budget and there are a lot of candidates out there who are strong on these measures. We need to support them. It is the citizens' job to build a strong congress that supports our constitution.
From what I have read with the whole NKorea/SKorea thing that battle would pretty much be started and ended in a few hours with Seoul in ashes and NKorea a glass parkinglot. This is before we can even get a plane in the air. In past wars/conflicts an outposts main job was to communicate the current situation to a central intellegence, is that as critical now that information can travel from one end of the world to another in moments?
Excellent! This is a campaign commercial in itself.
This Bachmann-turned-Santorum supporter is now solidly in Willard's camp, and I'll be sending him (a small amount of) money, and I'll look for other (legal and ethical) ways to support the man, in this, the most critical election of my, my kids' (who currently wear our Country's uniform), and my grandkids' time.
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You be careful now, calling Romney out will get those Romneyboots kicking at you for being a liberal troll/BHO supporter in disguise.
;-)
I will make this prodiction here and now! The federal budget will not decrease in real spending by a single dime, in fact the budget will increase YOY as long as Romney or Obama is president. Romney will only cut the projected spending under the democrat’s.
I thought Mitt knew how to fix the economy. The threat to our economy is massive government spending . . . . . . .
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No sir the major problem is hardly government spending. The problem is the government borrowing.
As it is I don’t see a good way out of the financial hole we are in. I studied economics in college, it was one of my majors. There are no simple solutions, but, you have to have full employment to combat debt. If we were to take 5% off the unemployment roles we just might with the help of high inflation pay off the debt with out a default.
What we and the Europeans have done is hardly Keynesian economics. Keynes taught that the government could have a positive effect and stimulate the economy but the effect would be small and must be used sparingly. What our government has done is taken over the economy, hardly Keynesian, even though they call it that.
Right now the whole world uses dollars, it soon will not and our dollar will become worthless in the world, the intention I fear of President Obama. If we can start producing again, raise tax revenues substantially and cut borrowing we may survive with the dollar diminished but still there. Mind you I didn’t say raise taxes I said raise tax revenues, they are not the same. Our taxes are too high. Make the top rate of taxes in the 20-25% range and the economy will catch fire. Get rid of business/corporate tax and the world will flock here to build and create, we would have a shortage of labor, less than 3% unemployment. We would be hiring people heretofore considered unemployable.
You have to have a strong military if you want strong international commerce. If you don’t have a strong military then you have to depend on someone else for safety in the world, who can we depend on?
I believe the first duty of our government is to protect us, not to feed, cloth and house us. Certainly not to take care of our health. Our founding fathers decided that education was important but did nothing for it in the federal organization, they surely thought the land was important but did nothing to protect it, they left it to the states. The federal government has over shot its mandate. We don’t need a Department of Health and Human Services, we don’t need a Department of Education or a an Environmental Protection Agency. We don’t need to send dollars from Florida to protect Snail Darters in California.
IF Romney wins and that is indeed a big IF, and he does reduce government overall while increasing the military that Obama has shredded I for one will be thrilled.
We have to stop borrowing. Borrowing is simply a way for Bureaucrats and the power brokers to lavishly supply money to their friends the bankers. Thomas Jefferson was right, we should have never had a central bank that could create money.
Romney is not a lawyer, he is a business man and should understand how finance works, I hope he does and that congress will give him what he needs, if he wins.
yes we need lots of 135 million a peace F35s and at only 4 billion each the Zumwalt destroyer is a great deal.
OMG that was the only thing I agreed with Ron Paul on was cutting all those programs and spending...
Romney pisses me off more and more each and every day....
If Sarah Palin doesn’t run for the Constitution Party I may have to vote for Gary Johnson.
The Whig party (GOP Elite) is really starting to annnoy me.
[ I don’t want my tax dollars spent on securing Japan, Spain, Korea, Eastern Europe, Saudi Arabia, Iraq, Afganistan, Germany, France, England.
Let these free-loader countries pay for their freakin’ own defense for a change! ]
In a way because those countries didn’t have to spend as much for their own self defense this enabled them to spend more money on the “national drug” known as “social programs” which led to their bankruptcy.
The problem is without a major tax increase, which comes with major economic problems, you can't cut borrowing without cutting spending. If try, as alluded to, you have to monetize the deficit which causes massive inflation. I think that's the fear of those who are afraid the dollar will quit being the major international currency is that we will devalue it too quickly and countries will begin to trade in safer currency.
I agree whole heatedly on your thoughts on the tax rate being too high and actually causing tax revenue to be lower. Are you aware of any studies that indicate what the optimal tax rate would be in the United States?
Austerity should only be applied to funds earmarked for those targeted by Rep. Ryan, it shouldn’t be applied to reducing our role as world military policeman and nation builder. Really?
This is frustrating. Romney should know that we are not taking 1 trillion out of the economy. We are taking 1 trillion out of government and putting it into the private sector. Presumably which will create jobs and investments according to wants and needs of people (markets) and not according to bureaucrats (government) picking winners and losers.
Nope, he already proved how badly he impacts an economy in Massachusetts with its massive tax/fee hikes and ranking 47th in job creation during his time.
the man needs a lesson in Conservative Economics.
He's a politician from Massachusetts. He doesn't believe in conservatism and doesn't govern as a conservative. He never has and never will. All he knows how to do is say he's a conservative. That is apparently enough for most people.
Frustrating maybe, but it shouldn’t be surprising. Romney has consistently touted liberal economic policy throughout the primaries and governed that way in Massachusetts. You don’t create Romneycare unless you believe in socialism and the ability of big government to solve people’s problems by taxing and spending. Romney is identical to John Kerry and Ted Kennedy in his economic views. Here are some of Mitt’s other greatest economic policy hits:
* Raised taxes/fees to the tune of hundreds of millions of dollars in Massachusetts
* Massachusetts ranked 47th out of 50 in job creation under his tenure as governor
* Campaigned on taxes staying higher on people making $200,000 or more; even Obama only wants them higher on $250,000 or more
* The Wall Street Journal said his tax plan was “timid” and similar to Obama’s
* Said the poor are doing just fine by being stuck in the safety net and he isn’t concerned with them, doesn’t apparently believe they can or should get off welfare
* Waffled on John Kasich’s efforts in Ohio to curb union abuses
* Taxpayer-funded abortion and Planned Parenthood in Romneycare
Kinda' like when my wife tells me how much money she saved by buying things we don't need because they were on sale! We have nukes and drones that can spread a lot of pain to the enemy in a short time-frame WITHOUT boots on the ground....and we have new delivery systems that can get them there within hours not days. SEND ALL OUR TROOPS HOME AND PUT THEM ON THE SOUTHERN BORDER!
Freedom is not free, and military superiority is a bargain compared with true costs of the alternative.
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I agree whole heatedly on your thoughts on the tax rate being too high and actually causing tax revenue to be lower. Are you aware of any studies that indicate what the optimal tax rate would be in the United States?
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Historically, at somewhere between 20%-25% you have diminishing returns in either direction.
I hate inflation. That being said, and as horrible as it is it is the only way out of this mess. People have every right to fear inflation, it robbs money of its value.
Put your money into something tangible that will hold its value. The experts have gone to gold only because they know very high inflation is coming, much too high for interest rates to keep up. I have been telling people for years “get rid of your cash”.
You have, maybe, until the election, after that I expect to see inflation going through the roof. It has to happen, the money is already out there just waiting to be spent.
If Romney decreases taxes and regulations business will take off. Higher employment will put even more money into the system. It will be at least as bad as the Carter years. I bought a house back then at 16-1/2%. Holy cow I couldn’t wait to dump that loan. It will happen again. The bankers will get rich off the inflation, the government will go wild with the extra dollars from inflation and we will be the ones to pay for it with higher rates of tax, and inflation eating at our paychecks which won’t be able to come close to keeping up.
Convert your dollars into silver or gold NOW! It will SOON be too late.
Good luck!
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