How do you run your household budget? If you showed the kind of “economic responsibility” the government has shown where would you be living right now? Probably in a refrigerator box somewhere.
Recently, Rand Paul took up the notion of economic responsibility in government at the “Politics & Eggs” forum at St. Anselm College in Manchester, New Hampshire. He intelligently discussed why the government was failing the citizens of the United States and what he offered as solutions.
The country is currently almost 18 trillion dollars in debt according to Paul and Barack Obama will increase the budget more than all other presidents combined. Why? For several reasons.
First, this administration has blurred the separation of powers lines more than any other. Sure, Teddy Roosevelt famously expanded the role of the executive branch, but he was not the emperor that President Obama has been. During his speech, Rand Paul states that more than 200 regulations are proposed (and many implemented) every year that will cost the economy more than $100 million. These are regulations that bypass Congress, but still impact the overall budget.
Another reason that economic responsibility is a quaint byword with this government is that Republican and Democrats have programs they want to see funded. Rand Paul says that Democrats want more money for social programs and Republicans want to increase the amount given to defense. Both cost money, so they make and “unholy alliance” so that all of their pet programs can receive funding.
Basically, the way that government currently operates is broken. There needs to be fiscal responsibility and a smaller bureaucracy according to Paul. But how would he effect that change? He has several logical proposals.
Overall it was a profound speech that described, in detail, how a Dr. Rand Paul administration would bring economic responsibility back to government. What do you think? Leave a comment below about the Politics & Eggs speech or any other issue that comes to mind.
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