Monday, October 17, 2011

What Some Real Cuts in Government Might Look Like

I'm not a Ron Paul fan, but I do like his economic plan that calls for cutting 1 trillion in spending in one year, as well as slashing the size of government.
a 10% reduction in the federal work force, ... lower the corporate tax rate to 15% from 35% ... end taxes on personal savings and extend “all Bush tax cuts.” ... also allow U.S. firms to repatriate capital without additional taxes ... Mr. Paul would eliminate the Departments of Education, Commerce, Energy, Interior and Housing and Urban Development.
My list of federal departments to be eliminated is similar: Education, Energy and HUD. But I'd shut-down the Department of Homeland Security rather than Commerce and Interior. Unfortunately there is as much chance of these cuts taking place as there is of Ron Paul being elected. The only way something like this will ever happen is if it's forced by some sort of economic collapse.

3 comments:

  1. Regardless of what one wishes to be cut America's future will have a higher retirement age as well as small military budget-- at least that's my guess.

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  2. A higher retirement age seems like a necessity. I don't think the military budget will ever be small, although it might get a bit smaller.

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  3. Its amazing how much liberal support Ron Paul has here in Utah. All I ever hear from them is about his "opposing U.S. imperialism and war mongering." If he gets elected on an outside shot, I wonder if the narrative will be more "evil republican" or "well we lost everything but AT LEAST we're not killing terrorists or poor helpless dictators like imperialist dogs."

    I also wonder how they'll react when they find out he's a libertarian with a Pro-life slant.

    On the one hand it would be hilarious to see more hypocritical liberal anger, on another hand there's been 11 years of it already and a candidate I don't fully support won't be worth 4 more.

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