GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Ron Paul "Black This Out" Moneybomb underway $1.2 million so far

Shotsie · 10-20-2011, 01:26 AM

Quote:

Originally Posted by acrylix

Fair enough. But I happen to think that the economic plan he released this week looks like a very realistic way to cut $1 trillion from the budget in the 1st year alone (and balance it in the 3rd), without cutting medicare or social security. It will also only bring defense spending down to 2006 levels.

Anyone interested can view the plan here: http://www.ronpaul2012.com/the-issue...store-america/

Or download the PDF here: http://c3244172.r72.cf0.rackcdn.com/...mericaPlan.pdf

He makes some good points, and I agree with some of his stances, but the majority of his policies would never stand a chance making it through Congress. His budget proposal would decimate funding for a lot of worthwhile projects. Not to mention erasing 1 trillion from the economy would shrink the economy by basically 1 trillion. There is no way the private sector would come close to filling that right away. The private sector already has trillions in cash. Even if you believe that is the appropriate size of the government in the long-run this would still be absolutely devastating in the short to medium run.