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Rand Paul explaining the consequences of 'free' money on local news
WKYT ^ | March 25 | WKYT

Posted on 03/25/2021 10:23:40 AM PDT by RandFan

Senator Paul is in favor of states loosening guidelines, and re-opening their economies sooner rather than later. He voted against the CARES Act, which includes billions of dollars in federal aid for Kentucky, citing its $2 trillion price tag.

“I think it’s one of those things that looks good on the front end, who’s going to turn down a thousand dollars, but we have to think about the unintended or long-term consequences of what this could do to the country,” Sen. Paul said.

(Excerpt) Read more at wkyt.com ...


TOPICS: Chit/Chat
KEYWORDS: mysweetrand; randpaul; swoon
Impressed with Rand here as he explains a difficult economic argument to the local news back home and why the 'free' money isn't free.
1 posted on 03/25/2021 10:23:40 AM PDT by RandFan
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To: RandFan

“I think it’s one of those things that looks good on the front end, who’s going to turn down a thousand dollars, but we have to think about the unintended or long-term consequences of what this could do to the country,” Sen. Paul said.

_________________________________________________________

The country doesnt care about the potential inflationary issues. They should care, but they don’t. The Dems figured that out long ago. Interestingly enough the Dems used to be able to blame coporations for price-gouging when things got expensive. I think conservatives should jump on the band wagon and go after all these woke businesses (which virtually all businesses seem to be in this day and age).

If the country club Republicans want to abandon us on our pet issues, then we can throw them under the bus too by allowing government to tax and regulate their donors into a lower income bracket.


2 posted on 03/25/2021 10:30:45 AM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: RandFan

Despite the grafitti artists, thanks for your reporting on one of our best Senators. Rand Paul is of the few worth keeping.


3 posted on 03/25/2021 10:37:25 AM PDT by bigbob
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To: Bishop_Malachi

You’re right Bishop, Nobody cares unless and until there is hyper-inflation then it will become an issue.


4 posted on 03/25/2021 10:39:12 AM PDT by RandFan
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To: RandFan

“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse doe to loose fiscal policy, which is always followed by a dictatorship.”

- Alexander Tyler 1787


5 posted on 03/25/2021 10:45:30 AM PDT by MercyFlush (Senator Joseph McCarthy was right. )
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To: RandFan

How Government Delivers Services

https://www.youtube.com/watch?v=g7MMo06ZeJg

Something I posted way back.


6 posted on 03/25/2021 10:52:48 AM PDT by Rurudyne (Standup Philosopher)
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To: MercyFlush
Exactly what Alexander Hamilton warned against when he cautioned against ‘’giving the indolent access to the public treasury’’.
7 posted on 03/25/2021 11:03:59 AM PDT by jmacusa (The result of conformity is everyone will like you but yourself.)
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To: RandFan; All

The concept of “free money” is not difficult. Money is not free. Someone has to produce a good or service, which in turn, is allocated to someone else. Essentially donating or, in the case of taxes, having one’s labor confiscated.


8 posted on 03/25/2021 11:05:42 AM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: RandFan

I guess my Biden bucks are delayed.


9 posted on 03/25/2021 11:10:38 AM PDT by Karliner (Heb 4:12 Rom 8:28 Rev 3, "...This is the end of the beginning." Churchill)
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To: RandFan

The consequences of “free” money should be explained in high school.


10 posted on 03/25/2021 11:28:02 AM PDT by EvilCapitalist (I voted for prosperity, and I got poverty.)
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To: EvilCapitalist

Maybe he’d like to explain why he voted to certify a potato to the White House, thus sanctioning unlimited voter fraud.


11 posted on 03/25/2021 11:33:20 AM PDT by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
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To: RandFan; Bishop_Malachi
You’re right Bishop, Nobody cares unless and until there is hyper-inflation then it will become an issue.

Prices are gonna follow that blue line. Take that $1,400 and buy canned goods you use.


12 posted on 03/25/2021 11:34:12 AM PDT by Oatka
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