According the USA Election Polls, Gallup afforded Presidential nomination hopeful Ron Paul 3% in July, placing him in front of Sam Brownback, Mike Huckabee, Duncan Hunter and Tommy Thompson. Quite possibly one of the most commonly cited issues that have supporters of Mr. Paul reaffirm their stance is his firm resolve to stop federal deficit spending which is at the heart of his message to the American voter and his fellow party members.
When compiled with his views on limiting government involvement in every day activities, decreasing taxes, keeping a firm grip on government spending, and also returning to the gold standard by way of permitting gold to be used as legal currency, it is not surprising that his financial policies are in the crosshairs of those who either seek to agree or disagree with him, and while some may be harder to understand for the layperson than others, his views on deficit spending are easy to follow.
It is interesting to note that he is refusing to sacrifice his principles for a form of fiscal appeasement of special interest groups, and in doing so seeks to curtail America’s dependency on foreign goodwill. Critics assert that foreign investors only hold about 20% of the debt that the government has incurred, while the other 80% are spread around various government agencies and American investors. Yet Ron Paul sees the reason to get out of debt where his critics cannot: arbitrary raising and lowering of deficit spending ceilings does little to increase cash flow or end unnecessary expenditures. Instead, it simply raises the bar of permissibility.
> Ron Paul's Economic Policy Could Stop a Financial Collapse
