Friday, October 21, 2011

Federal Budget


Shear, Micheal. "Campaign Ad Barrage Begins With Paul." New York Times. N.p., n.d. Web. 21 Oct 2011. .



Summary
Ron Paul, in his bid for presidency, has released a video of his ad targeted against audiences in four states, using the federal budget as his main focus. Targeting the enormous debt accrued from previous administration, Ron Paul proposed a plan to cut federal debt by 1 trillion by removing five federal bureaucracies, cutting taxes to create jobs, retracting military involvements in foreign wars and nation-building as well as reducing the powers of the federal reserve.
Connection
With the numerous crisis suffered under the Obama administration due to the debt ceiling, reducing the federal debt will become a prominent issue that many presidential candidates must address. An effective method of reducing the federal debt will help the candidates gain a broad base of support from voters.
Reflection
While to some, Ron Paul's plan of cutting one trillion may sound attractive, I think that when under examination of what bureaucracies that he intends to cut, it might lose some of its attraction. When funds are cut, it directly influences the types of services people will have access to. If the government blindly cuts spending for the sake of reducing the debt, it might also jeopardize numerous services such as education.

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