Representative Ron Paul of Texas, speaking on Fox Business’ Freedom Watch on Monday, made some suggestions for President Barack Obama as he plans his speech set for tonight.
When asked by the show’s host, Judge Andrew Napolitano, how the 2012 GOP contender might approach the joint session of Congress if he were President, Paul said: “Economically speaking, we need to clean house. We need to change the whole system because we’ve been following the wrong ideas; we have been following Keynesian economics. We need to get rid of the mistakes made, that means we have to liquidate the debt.”
Paul laughed as he went through a list of the things that he believes the Federal government must change before it will be able to make real steps in the direction of economic recovery: regulation, taxation, monetary policy and foreign policy.
“We have to just quit spending, and allow the market to work,” Paul said.
The candidate also said the American people have become very disillusioned to the difference between a right and an entitlement: “Where do we get our rights, and what do rights mean? Whether it’s worker rights or minority rights or whatever; they’re talking about groups instead of the individual, and when they talk about this, they endorse the concept of entitlements. Entitlements are now rights, business people think they’re entitled to certain help, everybody’s entitled to a bailout, the poor have entitlements. So it’s this whole lost notion of what rights are and responsibility. We want our right to our life and our liberties and we ought to be able to keep the fruits of our labors, but we sort of have given up on that, and we have grown very soft.”
Paul said that Americans will either reject Obama’s plans for more government spending as a way to fix the economy, or face a future filled with governmental tyranny.