Hey, Big Spenders!
September 30, 2008
Washington, D.C.--In Friday’s presidential debate, John McCain railed against government spending, trumpeting his opposition to earmarks.
“While McCain and Obama pose as opponents of government spending, they are not,” said Yaron Brook, executive director of the Ayn Rand Center for Individual Rights. “To actually stem the torrent of government spending, it is not just pork that must be cut--but the massive welfare state entitlements that neither McCain nor Obama dares challenge.
“It takes little courage to denounce bridges leading to nowhere and buildings dedicated to campaign donors. Such projects are transparent examples of politicians using taxpayer funds to curry favor with special interests. But such projects make up only a tiny fraction--six-tenths of a percent--of the government’s $3 trillion dollar budget.
“The real spending spree isn’t to be found in government pork but in massive welfare state entitlements, such as Social Security, Medicare, and Medicaid. These are the programs that have led to soaring debt, a crushing tax burden, and economic stagnation.
“So long as America is forced to bankroll costly welfare programs, there is no way to meaningfully reduce government spending. What we need is a politician who will stand up for the ideals of the Founders: a government limited to its proper function of protecting individual rights; a government under which people are responsible for providing for their own needs--and are left free to do so. That would take real political courage.”
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Yaron Brook is executive director of the Ayn Rand Center for Individual Rights. He is a regular contributor to Forbes.com and a contributing editor of The Objective Standard. His articles have been featured in major newspapers such as USA Today, the Houston Chronicle, the Chicago Sun-Times, the Providence Journal and the Orange County Register. Dr. Brook is often interviewed on radio and is a frequent guest on a variety of national TV shows, having appeared in the new Fox Business Network, FOX News Channel (The O’Reilly Factor, Your World with Neil Cavuto, At Large with Geraldo Rivera), CNN (Talkback Live and the Glenn Beck Program), CNBC (Closing Bell and On the Money), and C-SPAN. Dr. Brook, a former finance professor, lectures on Objectivism, capitalism, business and foreign policy at college campuses, community groups and corporations across America and throughout the world.
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