Rod Dreher of the Dallas Morning News seems to think that maybe, just maybe, we should’ve listened a little more to Ron Paul - and nominated him for that paper’s “Texan of the Year” award.
Here’s an excerpt from his article:
The truth is, if U.S. economic policy looked a lot more like Ron Paul’s ideal than what we’ve had these past decades, the nation wouldn’t be tottering on the financial abyss. Dr. Paul has long argued that an economy built on easy credit, insatiable consumption and deficit spending is a time bomb. He backs a national economic model based on savings, investment and production.
An economy that depends so heavily on government intervention to keep it afloat is one that creates of necessity an ever more powerful state. The nationalization of the banking sector only increases the power of the central government and decreases liberty. Dr. Paul warned for years against what we’re seeing happen today. But nobody - including me - listened to the old crank.
How much better off would America be today if we had? We’ll never know. Poor us.
Michael Boldin [send him email], is editor and co-founder of PopulistAmerica.com and founder and president of the Tenth Amendment Center in Los Angeles, California. He welcomes your feedback at mboldin@populistamerica.com
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