Ron Paul: Government Spending Will Push Us Over the Fiscal Cliff




by Ron Paul

As the year draws to an end, America faces yet another Congressionally-manufactured crisis which will likely end in yet another 11th hour compromise, resulting in more government growth touted as “saving” the economy.  While cutting taxes is always a good idea, setting up a ticking time bomb with a sunset provision, as the Bush tax cuts did, is terrible policy.  Congress should have just cut taxes.  But instead, we have a crisis that is sure not to go to waste.

The hysteria surrounding the January 1 deadline for the Budget Control Act’s spending cuts and expiration of the Bush tax cuts seems all too familiar.  Even the language is predictably hysterical: if government reduces planned spending increases by even a tiny amount, the economy will go over a “fiscal cliff.”  This is nonsense.

This rhetoric is based on the belief that government spending sustains the economy, when in fact the opposite is true.  Every dollar the government spends is a dollar taken from consumers, businessmen, or investors. Reducing spending can only help the economy by putting money back in the hands of ordinary Americans.  Politicians who claim to support the free market and the lower and middle-class should take this to heart.

The reality is, however, that neither Republicans nor Democrats are serious about cutting spending. Even though U.S. military spending is exponentially larger than any other country and is notorious for its inefficiency and cost overruns, Republicans cannot seem to stomach even one penny of cuts to the Pentagon’s budget.  This is unfortunate because this is the easiest, most obvious place to start getting spending under control.  The military-industrial complex and unconstitutional overseas military interventions should be the first place we look for budget cuts.

Similarly, Democrats are digging in their heels on not cutting any welfare or entitlement spending and instead propose to fix the deficit by raising taxes on the rich, even though the U.S. Government already has a progressive tax code and the rich already pay more than their fair share. Furthermore, these higher taxes would fall on small business owners, investors, and entrepreneurs—in other words, the source of economic growth and new jobs!

The truth is that there is no excuse for government spending being as high as it is, nor for taxes being as high as they are.  Even the God of the Old Testament only asked for 10% as a tithe and offering, and Americans revolted against the King of England for taxes that amounted to less than five percent.  Yet so many people today complain about “loopholes” for the rich that lower their actual tax rate to “only” 13% in some instances.  Even that is a criminal amount to pay for a wasteful, abusive, unconstitutional government.

We are indeed headed to a fiscal cliff and have been long before this latest hysteria cropped up.  But it is not cuts to spending or reduced government “revenue” that will send us over the cliff, it is continued government spending that will.  Until the federal government limits itself to its Constitutionally-mandated role, spending and taxation will remain out of control.

Look for a “bipartisan” compromise in late December, with Republicans giving in to tax increases and settling for phony spending cuts that actually grow government, and Democrats caving on defense cuts in exchange for tax increases.  This is how the government has always grown: both sides will sacrifice their pro-liberty, small government stances in certain areas in order to grow the government where they prefer.

Liberty always loses in the 11th hour.



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108 Comments:

  1. Ron Paul:

    I'm afraid that your Revolution is hopeless, but I cheer you on and will continue
    to support you.

    Consider the following quotations from a man many have forgotten:

    "How fortunate for governments that the people they administer don't think." and "He alone, who owns the youth, gains the future." Adolph Hitler.

    If they would think they'd realize that big government means ever bigger
    government and that, eventually, that means totalitarianism, like Hitler's Germany. Is this what they want? ("They" being the "people",and the "youth", in the Hitler quote, i.e, our Voters.)

    Your efforts are diametrically opposed to big government, which is self-evident to all who can think.

    Jim Wright

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  2. Dr. Ron Paul, I shall support you as long as I live.

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  3. nice troll idiot.

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  4. People elect their representative to succeed, not to fail continuously as Ron Paul has. He's only won his district because he's part of the machine

    What precisely has Ron Paul accomplished?

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  5. You should be a politician. They also think that the measure of success in their line of work is quantity of laws passed. Also someone can propose the greatest bill ever and just because politicians owned by special interests, big money and lobbies don't vote for it doesn't mean it wasn't good. Nice try at trolling but your logic comes up short.

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  6. You should be a politician. They also think that the measure of success in their line of work is quantity of laws passed. Also someone can propose the greatest bill ever and just because politicians owned by special interests, big money and lobbies don't vote for it doesn't mean it wasn't good. Nice try at trolling but your logic comes up short.

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  7. Ron Paul would have been a totally and colossal failure as president just as he was a total failure as congressman and perennial loser in primaries.

    Over 600 bits of legislation were presented by Ron Paul over his 35 years as a Washington insider. 1 was passed into law.

    This is the libertarian messiah; the lord of failure.

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  8. I totally agree. I also believe that they should stop threatening social security .We paid into it & we also should be sble to count onour checks. I am widowed & that is my only income,because i am also disabled.

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  9. I must say i liked your web site. My own mom and dad are from Japan, but I came to be throughout America. This is actually the finest land on earth. I am hoping we keep it free. We've saved your website to return.

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  10. http://www.youtube.com/watch?v=54ozdotStW8 watch this 1941 carbon copy of your most recent theatrics! as well as the speech that killed John f Kennedy just 23 years apart. Wow! You are all slaves.

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  11. "I'm done paying taxes ... "

    "I'm not evading sh&*!"

    http://www.youtube.com/watch?feature=player_embedded&v=o6Iozyg-xs4

    Q: Do you have to be a Christian or a "pagan Buddhist" to agree with the thrust of her message?

    Isaiah 41:10

    Romans 13

    "Obama putsch regime"

    Balkanization of U.S.A.?

    "Elections are a sham."

    "The 19th Amendment is a disgrace on civilization."

    Interesting.

    YMMV

    -s-

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  12. Congressman Paul,
    Thank you for the time you take to try to educate the people. It's unfortunate that some take the time to correct spelling or insult people that are not the focus of the article. Your intelligence and wisdom are lost amongst fools. Leading the thirsty to water is a wonderful thing and if the dry mouths refuse to drink because their ego is bigger than the desire for life giving water then dry sand is what they will find in the end. And in the end they have only themselves to blame.

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  13. Youtube needs to stop trying to become facebook. I hate this new interface.

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  14. Congressman? You misspelled "President".

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  15. The Republicans and the Media pushed Mitt Romney . the Democrats and the entitlement hand out crowd pushed that monkey and we could have Ron Paul! Well you will get what you voted for

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  16. The Republicans and the Media pushed Mitt Romney . the Democrats and the entitlement hand out crowd pushed that monkey and we could have Ron Paul! Well you will get what you voted for

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  17. The Republicans and the Media pushed Mitt Romney . the Democrats and the entitlement hand out crowd pushed that monkey and we could have Ron Paul! Well you will get what you voted for

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  18. Rand Paul is the biggest disgrace in the world for endorsing Mitt Romney! I truly believe that the Democratic Governor of Kentucky Steve Beshear would run for U.S. Senate in 2016 and embarrass Rand Paul big time with attack ads on Rand Paul disgracefully endorsing Mitt Romney on The Sean Hannity Show!

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  19. I see all of the Gary Johnson supporters screaming bloody murder over the 1% votes instead of the 5% votes because I told them so!

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  20. Hear, Hear!!!

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