The genius of Ron Paul’s budget plan.

Today, we have a guest post from a man by the name of Henry Braddock. Henry has served in advancing libertarian political causes in the southwest Twin Cities area for a long time. He is an outspoken Ron Paul supporter, and a very intelligent individual whom I have great respect for.

Ron Paul’s plan to rein in the out-of-control federal spending and curb the debt crisis [Attention Other Candidates:  THERE IS A DEBT CRISIS!} calls for the abolition of five of the 15 federal departments (Commerce, Education, Energy, Interior, Housing & Urban Development).  There are over 800 federal agencies not including 70 independent agencies, 68 special commissions, hundreds of committees, boards, and “quasi-official” agencies, besides the government corporations. Paul’s plan doesn’t eliminate any of these.
There are about 200,000 people employed by the 5 departments proposed for elimination.  First of all, not all the functions of these departments would be eliminated.  Valuable functions would be transferred to other departments, so the people working in those areas would move to other departments.  Second, those in sections eliminated would be retained until they reached retirement age or were given early-retirement options.  Thus no one would be “fired” from their federal job.  But the government would be on the way to slimming down and reaching the balanced budget that Paul envisions in the third year of his administration.
Wouldn’t the Paul plan slash our national defense?  Paul stresses that he would maintain the finest defense of an any nation in the world, but he would cut America’s unnecessary military expenditures, especially those draining the treasury in unproductive wars abroad.  And he would eliminate all foreign aid, which he says amounts to the poor of America subsidizing the rich of the poor countries that receive foreign aid.
Paul has pointed out that, following World War II, the U.S. economy was able to absorb 5,000,000 returning servicemen. If we can get the federal government off our backs (slashing taxes and regulations as we did after WWII), the revived U.S. economy could create as many new jobs for those seeking work today.
And Paul’s plan does not eliminate, or even cut back, social security or medicare. Or any federal retirement programs.
Rush Limbaugh called Paul’s plan “draconian.”  But in light of the dire debt crisis looming over us, the plan is simply a light beam of sensible action. And it would be the first step on the path to a restored and sustainable republic.
From everything I’ve seen among the current GOP candidates for president, Paul is the only one who a) grasps the enormity of the debt crisis we’re in, and b) understands enough about how the federal government works to be able to formulate realistic plans to deal with the crisis.

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