RON PAUL: GOVERNMENT SPENDING WILL SEND US OVER THE FISCAL CLIFF
DECEMBER 3, 2012
By Ron Paul:
Liberty always loses in the 11th hour.
As the year draws to an end, America faces yet another Congressionally-manufactured crisis which will likely end in yet another 11th hour compromise, resulting in more government growth touted as “saving” the economy. While cutting taxes is always a good idea, setting up a ticking time bomb with a sunset provision, as the Bush tax cuts did, is terrible policy. Congress should have just cut taxes. But instead, we have a crisis that is sure not to go to waste.