What is the “welfare cliff?” Why is it important?
By Ron Paul
The drama over Greece’s financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new “austerity” measures. The deal will allow all sides to brag about how they came together to save the Greek economy and the European Monetary Union. However, this deal is merely a Band-Aid, not a permanent fix to Greece’s problems. So another crisis is inevitable.
I have long been a fan of Professor Williams. His arguments are compelling. He is an enemy of crony capitalism and friend of liberty. If you don’t know him I highly encourage you to read his work.
The attached interview is a very worthwhile listen.
With regard to government there is no issue with revenue, except that the collectors take too much of it. We are taxed far far beyond what is reasonable. The only people who likely think that we are not are either those who are not taxed (for the most part), those for whom taxation has little impact on their lifestyle, or those for whom taxes are a circular flow – government employees.
How much better would your life be if you could keep the money which goes for just your income tax?
“I mean it’s free for some people. Other people are going to have to pay. But they don’t pay enough anyway. Am I right?”
When the president says that he wants the government to pay for everyone to go to 2 years of community college what he is really saying is that he wants you to pay for everyone to go to community college. There is no “free” college. There is no “free” anything. Everything has a cost and I have to pay for college for 3 kids of my own in the not so distant future already.
By Ron Paul
The political class breathed a sigh of relief Saturday when the US Senate averted a government shutdown by passing the $1.1 trillion omnibus spending bill. This year’s omnibus resembles omnibuses of Christmas past in that it was drafted in secret, was full of special interest deals and disguised spending increases, and was voted on before most members could read it.
The debate over the omnibus may have made for entertaining political theater,
How much student debt do you think this guy carried? If he ever carried any it was unlikely the kind of sum kids are graduating with now. Do you think he benefited from a generally rising stock market and economy during the 50s, 60s, 70s, 80s, and 90s? He looks pretty well fed and well dressed. But “hands off” HIS Social Security. Your security is less important however.
When I was in college one of the first op-eds I ever wrote was on Social Security in the college newspaper.
Sweden, as the attached video explains is like a club or a small town. Everyone speaks the same language (which is only spoken in Sweden). People share the same religion. They share, for the most part the same ethnicity. So the Swedish welfare state model is a cozy one without much of the pluralistic strife endemic to the United States or for that matter other countries like India or Brazil.
Everyone knows your name in Sweden,
For a large swathe of the middle of the country the recession lingers on big time. But a couple of other things to consider as we look at these numbers is the degree to which food stamps have become deeply ingrained in the very culture of some areas, and also the degree to which a low cost of living in some parts means that a larger portion of the population qualifies for such assistance. The two factors probably compound each other.
I can’t argue with Will on this. We should be ashamed of ourselves. We have allowed profligate spending. We borrow to pay our current bills. We elect people who year after year expand government and who pass laws which reduce our liberty and fundamentally our very humanity. It is we who have allowed this to happen.
On illegal immigration I am of mixed opinion. On the one hand I believe that someone who is willing to work hard and to contribute to society and the economy, who is looking to make a better life for him or herself and his or her family is someone we should welcome to our country. We should respect the pursuit of happiness.
On the other hand we should also respect the rule of law, and for good or ill,
Fifty years after President Johnson launched his “war on poverty,” it is time to stop pretending and start doing something real for the poor.
$100K is a good bit of taxpayer scratch.