Posts tagged 9-9-9
On October 19 Bloomberg released a chart showing that per capita gross government debt would to exceed per capita GDP in the very near future. As Bloomberg put it, “America’s bills are about to exceed its paycheck.”
Herman Cain’s 9-9-9 plan does not address this national debt problem. There are no significant cuts. Neither have any of the other candidates offered any such cuts.
Ron Paul’s Restore America plan cuts $1 trillion in the first year. It is the only plan among the 2012 GOP presidential field that offers real and substantive cuts in line with what this country desperately needs.
Or as Rush Limbaugh put it:
“Fooling around the margins isn’t going to get it done. A 2% tax cut here, or a 3% tax variation over there is not going to fix what’s wrong. Genuine, big spending cuts are the only thing that is going to bring us back … But nobody on our side has ever seriously proposed this and Ron Paul is going to.”