There's a documentary going around called "Meltup Hyperinflation". It's just another Ron Paul channeling Milton Friedman, free market, tough love, didactic narrative. It preaches, as most of Paul's narratives do.
We give too much to people. They're lazy. They don't want to work. Take the money away from them and you'll see how fast they get a job.
Just look at China. They go to public and private schools for only $400 - $1200 per year.
In the same documentary, the Paul sycophants decry taxpayer support for public education.
Well, which is it Ron? Do we subsidize public education so that American students can go to college for $400-$1200 a year or do we privatize all education so that the criminals you so rightly castigate for their excesses have another venue through which to add to those excesses?
I could never really understand trickledown economics, which is basically what Paul and Milton Friedman have preached so evangelically. I never could understand how a rising tide could lift all boats if people can't even afford boats.
According to the Paulians, let's call them, we should basically have a "skeleton government". It should provide nothing, preferentially, but, if it has to provide anything, it should protect us from foreign invasion. It should not ensure that local municipalities or states have police departments. It's none of the federal government's business. If states and towns and cities don't want to pay for police departments, then they shouldn't be forced to do so by the big, bad government.
While chastising bankers for their excesses, Paul is loathe to allow government to intervene in a manner that would regulate those excesses.
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