Statement of HON. RON PAUL OF TEXAS (part 2 of 4)
January 31 & February 2, 2000
2. Success of the Republic
One would have to conclude from history as well as current conditions that the American Republic has been extremely successful. It certainly has allowed the creation of great wealth with a large middle class and many very wealthy corporations and individuals. Although the poor are still among us, compared to other parts of the world, even the poor in this country have done quite well.
We still can freely move about, from town to town, state to state, and job to job. Free education is available to everyone, even for those who don't want it nor care about it. Both the capable and the incapable are offered a government education. We can attend the church of our choice, start a newspaper, use the Internet, and meet in private when we choose. Food is plentiful throughout the country and oftentimes even wasted. Medical technology has dramatically advanced and increased life expectancy for both men and women.
Government statistics are continuously reaffirming our great prosperity with evidence of high and rising wages, no inflation, and high consumer confidence and spending. The US government still enjoys good credit and a strong currency in relationship to most other currencies of the world. We have had no trouble financing our public or private debt. Housing markets are booming, and interest rates remain reasonable by modern-day standards. Unemployment is low. Recreational spending and time spent at leisure are at historic highs. Stock market profits are benefiting more families than ever in our history while income, payroll, and capital gains taxes have been a windfall to the politicians who lack no creative skills in figuring out how to keep the tax-and-spend policies in full gear. The American people accept the status quo and hold few grudges against our President.
The nature of a republic and the current status of our own are of little concern to the American people in general. Yet there is a small minority, ignored by political, academic, and media personnel, who do spend time thinking about the importance of what the proper role for government should be. The comparison of today's government to the one established by our Constitution is a subject of deep discussion for those who concern themselves with the future and look beyond the fall election. The benefits we enjoy are a result of the Constitution our Founding Fathers had the wisdom to write. However, understanding the principles that were used to establish our nation is crucial to its preservation and something we cannot neglect.
One would have to conclude from history as well as current conditions that the American Republic has been extremely successful. It certainly has allowed the creation of great wealth with a large middle class and many very wealthy corporations and individuals. Although the poor are still among us, compared to other parts of the world, even the poor in this country have done quite well.
We still can freely move about, from town to town, state to state, and job to job. Free education is available to everyone, even for those who don't want it nor care about it. Both the capable and the incapable are offered a government education. We can attend the church of our choice, start a newspaper, use the Internet, and meet in private when we choose. Food is plentiful throughout the country and oftentimes even wasted. Medical technology has dramatically advanced and increased life expectancy for both men and women.
Government statistics are continuously reaffirming our great prosperity with evidence of high and rising wages, no inflation, and high consumer confidence and spending. The US government still enjoys good credit and a strong currency in relationship to most other currencies of the world. We have had no trouble financing our public or private debt. Housing markets are booming, and interest rates remain reasonable by modern-day standards. Unemployment is low. Recreational spending and time spent at leisure are at historic highs. Stock market profits are benefiting more families than ever in our history while income, payroll, and capital gains taxes have been a windfall to the politicians who lack no creative skills in figuring out how to keep the tax-and-spend policies in full gear. The American people accept the status quo and hold few grudges against our President.
The nature of a republic and the current status of our own are of little concern to the American people in general. Yet there is a small minority, ignored by political, academic, and media personnel, who do spend time thinking about the importance of what the proper role for government should be. The comparison of today's government to the one established by our Constitution is a subject of deep discussion for those who concern themselves with the future and look beyond the fall election. The benefits we enjoy are a result of the Constitution our Founding Fathers had the wisdom to write. However, understanding the principles that were used to establish our nation is crucial to its preservation and something we cannot neglect.
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