Why aren’t the Republican candidates talking about cutting government spending?

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In seven GOP debates, not one of the candidates, who all claim to be fiscally conservative, has vowed to stop today’s astronomically high federal government spending and to balance the budget now. At best, they talk about slowing the growth of the federal government.

When business owners and families spend more than they take in, they are forced to take action—or pay consequences. They must stop overspending immediately, balance their budget, and come up with a plan to pay off their debt.

In 2012, Republicans and Democrats in congress voted for a ten-year plan to balance the budget. If they had kept their word, the 2022 budget would be balanced. But in December 2015, the Republican-controlled congress not only refused to balance the budget by then, they passed a spending bill which, projections show, will nearly double today’s deficit, raising it to over $1 trillion.

“Apparently, the Republicans’ ten-year plan to eliminate the deficit became a ten-year plan to explode it,” said Libertarian National Committee Chair Nicholas Sarwark.

“Clearly, neither Democrats nor Republicans have the slightest intention to reduce total government spending or balance the budget—ever,” he said. “Not to mention paying off the federal debt, which will cost Americans $255 billion in interest payments this year, and rise to $830 billion in 2026.”

“If that wasn’t bad enough,” he said, “these projections assume the federal government will collect a staggering $1.7 trillion in new tax revenue—every year—beyond what we’re already paying today.”

“We must stop overspending now. Not in ten years. Now,” he said.

The Federal Reserve has kept interest rates artificially low. If interest rates are allowed to return to market rates, interest on the debt could balloon even more.

Government overspending and low interest rates have been harming the U.S. economy for years.

High government spending depletes the private sector of capital needed to create jobs. As a result, millions of Americans are unemployed, underemployed, or working two jobs to make ends meet.

The government prints hundreds of billions of dollars out of thin air every year to cover expenses, which devalues the dollar. Retirees despair as they watch their nest eggs dwindle. Older workers, afraid to retire, continue to work instead. This makes jobs even harder to find for young workers. Prices of food, housing, and other essentials continue to rise, lowering everyone’s standard of living.

“The damage done by high government spending goes beyond wreaking havoc on the economy,” said Sarwark. “It fuels Big Government and all its abysmally failed programs: the Iraqi war which gave rise to ISIS; heavy-handed regulations that force small businesses to close their doors; and the drug prohibition, which has failed to prevent a growing epidemic of heroin addiction, has incarcerated millions of nonviolent African Americans, and has made our streets unsafe.”

History has proven time and again: countries that continually print money to balance their budgets are at risk of hyperinflation and economic collapse. Witness the post-inflation economies of Austria (1922), Germany (1923), Greece (1944), Hungary (1946), Argentina (1989), Russia (1992), Brazil (1994), Yugoslavia (1994), Zimbabwe (2008), and Venezuela (today).

“Why hasn’t every single candidate who claims to care about the American economy been talking about balancing the budget—now—in the first fifteen minutes of every Republican and Democratic debate?” asks Sarwark. “Why can’t they talk about cutting anything beyond the trifling amounts that are used to subsidize Planned Parenthood?”

Libertarians are serious about cutting spending. In 2014, dozens of Libertarians running for federal office pledged to cut military spending by 60 percent. This will force the closing of unneeded military bases all over the world, stop dangerous overseas ventures, and still leave the U.S. with the strongest military in the world.

Dozens of Libertarian candidates who ran in 2014 also pledged to bring down federal spending to $1.65 trillion, the level in 1998 when Democrat Bill Clinton was president. This balances the budget while ending the federal income tax and putting an average of $11,525 back into the family budgets of hard-working Americans every year.

More Libertarian candidates will make bold pledges in 2016.

“This is why the Libertarian Party is needed,” said Sarwark. “Voting Libertarian is the only way to end the superficial banter that dominates GOP debates and to focus instead on serious proposals to reduce today’s dangerously high government spending.”

Graph showing CBO projections of US govt revenue, deficit, and outlays, all increasing, from 2016-2016 (image)

Most Americans find country on wrong track, opens door for Libertarians

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A poll released yesterday, November 30, 2015 has found that a growing number of Americans feel the country is on the wrong track. This has been a growing trend since February 2015. Rasmussen Reports released a report yesterday showing only 28 percent of Americans who are likely voters feel the country is on the right track. The poll confirms the average of other surveys and polls showing 64 percent of Americans feel the country needs to go in a new direction. This could open the door for candidates with the Libertarian Party to shine in 2016 elections as the country questions the political theater of the Democratic and Republican parties.

READ THE REST OF THE ARTICLE HERE

Carly Fiorina officially declares 2016 presidential run – along with six other women

Yesterday, May 4, 2015, Republican Carly Fiorina officially declared she is running for president in the 2016 general election. This brings the total women who have officially declared their presidential run to six in a widening field for the office.

Fiorina and Hillary Clinton, the Democrat, are the two most talked about women in the mainstream media. There is also the highly qualified Jill Stein from the Green party and three other female candidates running without a political party. The independents are Tami Stainfeld, Samm Tittle and Lynn Sandra Kahn. Although the Libertarian Party has had female presidential candidates seek the party’s nomination in the past, we have not yet seen any officially announced.

Hillary Clinton may face three other women for a Democratic Party showdown of estrogen at the 2016 primaries with potential female candidates Clare McCaskill, Amy Klobuchar and/or Janet Napolitano. Jill Stein may have competition with Cynthia McKinney who is another female considering a run for the Green Party’s nomination.

READ THE REST OF THE STORY HERE!

Why to not vote for Marco Rubio

Last night, April 13, 2015, Marco Rubio officially declared he is running for president in the 2016 general election. Rubio joins 11 other Republicans who have officially declared their run including Rand Paul, Skip Andrews, Kerry Bowers, Ted Cruz, John Dummett, Jr, Dale Christensen, Chris Hill, Michael Kinlaw and Brian Russell. Still, many others have formed exploratory committees; however, have not officially declared including Scott Walker Donald Trump, Rick Santorum, George Pataki, Rick Perry, Lindsay Graham, Dr. Ben Carson, Jeb Bush and Chris Christie. Everyone who knows Rubio realizes he is very smart and quick on his feet, so he is a formidable candidate in the growing Republican field of presidential candidates.

READ THE REST OF THE STORY HERE!

Hillary Clinton enters 2016 race for president – watch her announcement video

Hillary Clinton officially declared she is running for the President of the United States in 2016. Click here for the full story of her announcement, see her announcement video and see how her entering the race affects the entire presidential field!

Neither Big Government Party Cracks 40% Favorability in Latest Poll

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“Thirty-seven percent of Americans now view the Republican Party favorably and 39% view the Democratic Party favorably. This is the only time since Gallup began tracking the party’s images this way in 1992 that neither party has achieved at least 40% favorability from the public.”

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