Monday, October 15, 2012

Ron Paul: 'Long Term Solutions" to U.S. Economy 'Involve Some Short Term Pain'

From Rep. Ron Paul's weekly column:
The truth is the long term solutions to our economic quagmire involve some short term pain.  Re-evaluating the economic role of an institution as insidious and behemoth as the Federal Reserve will inconvenience some people, and those people happen to have a lot of power.  Similarly, the idea of ending government programs and closing down superfluous departments will always upset someone because it means someone will stop getting a government check. 

Again:
Not all of the unemployed are counted in the BLS unemployment numbers.  This is no secret.  In 1994 government statisticians came up with the term "discouraged worker" to remove entire swaths of people from the unemployment statistic.  Now all the government has to do to improve the unemployment numbers is discourage people from looking for a job.
Keeping Up Statistics Appearances || Rep. Ron Paul

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