Seriously?? I mean before I even heard of Ron Paul and read about Austrian Economics, I knew deficits were bad. It's almost like common sense, really. To live beyond your means is a deadly sin and no nation in history has ever been able to sustain it, so why is it that me back when I was 12 knew deficits sucked when I had no knowledge of real economics and that Ron Paul even existed, but 70 year old hacks on CNBC are almost okay with it! I don't hear ANYONE (with the exception of Peter Schiff, Ron Paul, and the other Austrian economists) kicking and screaming about these deficits...it's almost as though they just shrug and say "oh well".
As for Obama's supporters, why aren't they protesting this douche bag? He votes for the bank bailouts (as well as numerous other questionable pieces of legislation), and yet they parade him for it! Now it seems they have no problem, or apparently no sense at all, that trillion dollar deficits for YEARS to come is "something we just gotta do".
Even Hamilton would $#@! himself seeing how big the debt is. He said the national debt was a natural blessing, but said so if it were kept in moderation. I guess the deficits are moderate, though, considering it's priced in fiat money. We could easily pay off all of it by simply inflating our currency and making the debt more "manageable", but at the expense of everyone holding the Dollars.
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us