Spending Our Way to Prosperity?

Last year, during his bid for the Presidency, Congressman Paul clearly warned us that the current economic mess we're in was just on the horizon. He told us that our economic policy would fail and that we'd be paying the price for engaging in so much debt. From what I've seen in the video below, it looks like Fred Thompson is borrowing from the Ron Paul playbook.

This video would have been a whole lot funnier to me if Thompson and the other Republican candidates during the election cycle hadn't spent the entire primary mocking Congressman Paul's insightful theories and policies on financial responsibility. But instead of truly thinking through the issues of monetary policy, they laughed him off and continued their rhetoric about the war in Iraq and the safety of Americans in an age of terrorism.

These days, no one really talks about terrorism because as it turns out,  it's not the only threat to our health and safety. Our current economic state has the news and Congress so caught up in matters of monetary policy and the Federal Reserve System that everything else seems pretty tame in comparison.

Unfortunately, since Thompson and the others don't have quite the handle that Paul does on economic matters, we're only going to see this kind of thing from them when they speak about it. They won't give us any really useful hints on what we can do to fix it- just a tongue and cheek deconstruction of the policies that are already in place.

Makes me wish we could have a "do-over" in Primary Season. Even if Paul didn't make it to the White House, perhaps his perspective would have been adopted a lot earlier instead of mocked.