Tuesday, April 03, 2007


Ron Paul on the 2008 Budget

Some interesting thoughts on the 2008 budget by Texas Republican Congressman Ron Paul on LewRockwell.com.

Paul raises an excellent point on the lack of knowledge that the vast majority of Americans have regarding the budget. Even those who pay attention to such things as congressional budget battles still fall into the liberal trap of labeling some budget items as "discretionary" and other entitlement items as "mandatory." Isn't the point of a budget to delineate what is "mandatory?" If you come in with categories already determined, isn't spending almost assured of increasing beyond the rate of inflation every year?

Public knowledge is a tough item to improve on any appreciable level, as David Oatney showed in his column about taxes here in Tennessee yesterday.

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