Are You Concerned About The Future Of Our Economy?

Issue Position

I am concerned about the skyrocketing cost of living and our government's reckless spending!

Per the Concord Coalition, in 2004 the real federal debt - counting all of the government's promises - was $74 trillion. ($245,000 per person). Per Concord the nation's total net worth is $42 trillion. We are broke.

On May 24, 2007 the Congress authorized (another) $95 billion to pay for the wars in Iraq and Afghanistan through Sept. 30!

OUR NATION IS BANKRUPT, YET CONGRESS AUTHORIZES CONTINUED DEFICIT SPENDING!

A study of the history of the American economy shows that it performed at its best prior to the introduction of the Federal Reserve (a private corporation, no more federal than Federal Express), and the income tax. More government is not the answer. In many cases too much government is the problem.

Early in the FDR administration gold was taken from our people and removed from our currency; during the LBJ administration silver was removed from our currency; early in his administration Nixon ended the international gold standard. With no precious metal backing of our money, its value is now fully controlled by the congress. It is no coincidence that the purchasing power of the dollar has been falling since 1940.

The government admits a debt of over $8.8 trillion (or $29,000 per person). The admitted debt does not include the money promised to be paid in the future. This is true for federal government pensions, for Social Security and for Medicare. And each day the government spends another $1.28 billion.

By borrowing the money, or worse yet, simply printing it up, the government is causing the value of the dollar to drop. You notice this drop every time you have to pay more for something (e.g., gasoline).

We need to act, now, to balance the federal budget and reduce spending and lower taxes.

We must:

* Get our of the Iraq War.
* End ALL foreign aid.
* End prosecution of "victimless crimes" and release persons in prison who are there for such convictions. This would reduce prison population by about 60%. (Did you know that California spends more on prisons and guards than it does on schools and teachers?)
* Refrain the government from competing with private industry; the government mode most likely always costs more. However, we also need to review contracts to make sure the taxpayers get full value for the dollars paid to contractors.
* Demand an accounting of government spending and debt that will meet the same standards that the government has set for other businesses.

I'm concerned and I'm asking for your help to make a difference!

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