Weekly Update -- Republican Platform Ignores Real Causes Of Inflation
Ron Paul Liberty Report
Ron Paul Liberty Report
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🗓️ 23 July 2024
⏱️ 5 minutes
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| 0:00.0 | Hello everybody and thank you for tuning in to the weekly report. |
| 0:03.7 | Republican platform ignores real causes of inflation. |
| 0:08.6 | The 2024 Republican platform promises that if Donald Trump returns to the White House and |
| 0:16.2 | Republicans gain complete control of Congress, they will reduce inflation. |
| 0:22.0 | The platform contains some proposals such as reducing |
| 0:25.3 | regulations and extending the 2017 tax reductions that may help lower |
| 0:31.6 | prices in some sectors and spur economic growth. |
| 0:35.6 | However, the GOP platform does not address how the Federal Reserves enabling of |
| 0:41.0 | spendaholic politicians contributes to price inflation. |
| 0:46.0 | Other than an obligatory promise to cut wasteful spending and a pledge to eliminate the Department of Education, |
| 0:54.8 | the Republican platform is largely silent on proposals to reduce federal spending. |
| 1:00.8 | The GOP's apparent desire to increase military spending spending is a |
| 1:05.0 | a parent desire to increase military spending is a disappointment to those of us who hope the |
| 1:09.2 | increased skepticism of foreign intervention among Republican voters would dampen Republican |
| 1:15.8 | enthusiasm for the military industrial complex. The platform also |
| 1:21.4 | opposes any reduction in Social Security and Medicare. |
| 1:25.0 | So the fiscally responsible Republicans want to increase spending on one of the largest items in the federal spending, that is defense, |
| 1:35.6 | while opposing cuts in two other Social Security and Medicare. |
| 1:40.8 | Interests on the national debt, another of the top spending items will continue growing |
| 1:46.8 | under a Republican government. |
| 1:50.0 | The only way Republicans may look like champions of small government is by comparisons with the |
| 1:56.2 | Democrats. |
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