One of the most detrimental thing the federal government does to destroy the working class is maintain an unbalanced budget. In conjunction with our currency policy, by continuously borrowing money from places like China, we devalue the dollar which ultimately hurts those worst off. They are the first to feel the increase in prices of common goods, the least likely to have non-monetary assets that increase in price as well, and the last to have their pay adjusted.
Our borrowing also allows other developing countries to offset trade imbalances and keep their currency devalued. This means that their workers remain cheaper to hire and the US continues to lose manufacturing jobs. The biggest destroyer of manufacturing jobs has been the unbalanced budget of the federal government.
The deficit has become monstrous, and, soon, entitlements and interest on the debt will consume the entire budget if something is not done soon. This is an issue that we must deal with immediately while we have the opportunity to do it willingly. Otherwise we will be forced to deal with it the manner Greece has, with an economic collapse
As a US congressman I will:
*Vote for and support a balanced budget amendment
*Never vote for an unbalanced budget
*Never vote for a debt ceiling raise without significant cuts in order to reign in reckless spending
*Never vote to raise taxes
*Vote to fully audit the Federal Reserve and allowing competing currencies
*End corporate subsidies
*Vote to gradually change the eligibility requirements for social security
*Vote to eliminate unnecessary and wasteful departments (Department of Education, Energy, Commerce)
*Only support plans that fully balance the budget within a 5-10 year period
Budget plans:
A lot of candidates talk a lot of talk about spending, but don't have the bite to match their bark. This is all in spite of there being numerous plans with growing support already laid out. There is no valid excuse for any member of congress to not support at least one form of a balanced budget plan.
I support budget plans such as:
Ron Paul's Plan to Restore America