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View Full Version : *Official* Economic Stimulus Package thread that's actually about the Package




Rhys
01-24-2008, 01:53 PM
With the country teetering on the edge of recession, Bush and the Democrats are resorting to the usual Keynesian nostrums: higher spending and checks-in-the-mail. That isn’t a stimulus package, it’s fiscal insanity.

Ron Paul has now unveiled a real stimulus package that slashes taxes, reduces the burden of government, and puts us back on the path to sound money. The Comprehensive Economic Revitalization Plan is on-line here. Here are its fundamental points:

The Four-Point Plan

Tax Reform: Reduce the tax burden and eliminate taxes that punish investment and savings, including job-killing corporate taxes.
Spending Reform: Eliminate wasteful spending. Reduce overseas commitments. Freeze all non-defense, non-entitlement spending at current levels.
Monetary Policy Reform: Expand openness with the Federal Reserve and require the Fed to televise its meetings. Return value to our money.
Regulatory Reform: Repeal Sarbanes/Oxley regulations that push companies to seek capital outside of US markets. Stop restricting community banks from fostering local economic growth.

This is a plan unlike anything the other candidates are proposing: not more Keynesianism and quick-fix fiscal irresponsibility. This a prescription for liberty and prosperity.

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I think it's very cool