Thursday, July 5, 2007

Is the Economy Ready for Ron Paul?



JMoon


As of late I have noticed potential Ron Paul supporters a little hesitant to join the revolution, deciding instead that his ideas are a bit too extreme or they don’t necessarily understand them. I have only one thing to say to you folks, “don’t give up on Ron Paul man, no one else will fight for your liberty.” His theories are sound and they can be practically implemented without the destruction of the economy. It is true that the government will eliminate many jobs through cutbacks in its size and scope, but this process will be gradual and many ideas he wishes to implement would actually create jobs. Here are just a few.

*He will recall our troops from the 100+ counties they are stationed in. Billions of US dollars that our government pays them will be injected into our economy as our troops spend their money in America instead of foreign economies. An increase in the demand for goods will create an increase in the supply of goods, which will require more labor to manufacture them.

*He will be tough on illegal immigration creating a greater demand for domestic workers when some or if not most illegal immigrants go back to their home country. Domestic workers will also demand a higher income than the departed immigrants and the average income will increase. He also plans to expand the legal immigration system, which will give our economy a steady stream of skilled workers.

*He doesn’t support regulating trade, but when US manufacturing jobs are lost to countries such as China and Mexico because of unfair and sometimes-cruel labor practices; tariffs will be applied to their products. The tariffs create a higher demand for domestic products because they become more competitive against cheap labor manufacturing. Again, an increase in the demand of a product will increase the supply and will require more manufacturing and more jobs. Tariffs will also allow an increase in government spending or a decrease of taxes.

*The tax breaks Americans will get because of less government programs will increase the spending power of Americans and unless every tax dollar saved by every individual is stuffed into a savings account or under a mattress, jobs will be created. Don’t hoard all your money!

* The destruction of the failed experiments known as the Federal Reserve and IRS will result in huge amounts of time and money saved. I would attempt to calculate this, but the final figures would be absolutely astronomical. Both agencies create absolutely nothing but cost the taxpayers billions. If the faulty monetary policy and time wasted were included, than that number would be in the trillions! For nothing!! Not one damn product to speak for!!!

It seems the lesson here is "for every action, there is an equal and opposite reaction." The actions of our government that created the monstrous regulations and bureaucracies forced the reaction of inefficiency in our free markets. Some may say that regulations and bureaucracies are necessary. Regulations protect the consumer and bureaucracies enforce the regulations, right? The truth is government institutions will always be less efficient, more corrupt and less effective than their private counterparts. If laws that protected individuals from businesses were created and penalties enforced, than business owners would create much more effective oversight tools than any government agency ever could.

I am reminded of a recent example of the inadequacy of government institutions. Cattle farmers throughout the US wished to test 100% of the cattle for mad cow disease instead of the 1% tested by the DOA. This will allow them to market their beef to retailers and restaurants that have health conscious customers. What was the Department of Agricultures response you say? One would think they would love the idea of a business taking such a responsible step. Here is the outcome. http://query.nytimes.com/gst/fullpage.html?sec=health&res=9F04E6DB1338F933A25757C0A9629C8B63

Ron Paul does not have the most revolutionary of ideas. He does not stand for principles that are foreign to American history. Dr. Paul encompasses the combined intentions of our Founding Fathers and will not stray from the intentions of the constitution. The Founding Fathers would laugh in disgust at what we call our “free market and individual liberties.” Our markets are not free, our lives without liberty. Ron Paul’s will change that. His ideas are not revolutionary, nor radical; they are only the continuation of the greatest experiment in human governance ever undertaken.



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2 comments:

The Freedom Fellowship said...

GREAT WORK!!! We need more and more of this type of commentary! Keep it up!!

http://www.thefreedomfellowship.blogspot.com

Anonymous said...

Excellent Work, I agree we need more people explaining his positions and why they'll work. I'm working on a couple myself, one on Free Speech and Freedom of Press to try and win over the journalists and editors... that it would be in their best interest to get Ron Paul elected. The second has to do with education, I'm trying to get teachers to understand that o eliminating the Dept. of Education, although it sounds extreme, would mean that each school district could receive twice the funding it gets now. The DOE absorbs about 60% of all tax dollars earmarked for education, only about 40% gets back to the states some of that is again absorbed by the state bureaucracy, I wouldn't be surprised if only 25% of all the money earmarked for education actually makes it to the schools. Anyway I'm researching it, and planning to write an OpEd piece on it.

You can find my blog here...
http://wrathwilde.blogspot.com/