A Quote by Ron Paul
We're bankrupting our country and we have an empire that we're trying to defend which costs us $1 trillion a year. And the standard of living is going down today. It's going down and the middle class is hurting because of the monetary policy. When you destroy a currency, the middle class gets wiped out.
Related Quotes
What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.
The most sinister of all taxes is the inflation tax and it is the most regressive. It hits the poor and the middle class. When you destroy a currency by creating money out of thin air to pay the bills, the value of the dollar goes down, and people get hit with a higher cost of living. It's the middle class that's being wiped out. It is most evil of all taxes.
To me, the term 'middle-class' connotes a safe, comfortable, middle-of-the road policy. Above all, our language is 'middle-class' in the middle of our road. To drive it to one side or the other or even off the road, is the noblest task of the future.
And the trajectory that our debt is taking now beyond $14 trillion is going to have an impact on our currency. It goes south, and our currency's going to have an impact on our standard of living and affect every family in this country, and over time, our international competitiveness.
I'm always represented as a bit of a class warrior - a bit Down With Men and Down With Middle-Class People. Whereas I'm actually very fond of men and am middle-class. I even went to boarding school in Perthshire.
When monetary policy destroys the currency, it always destroys the middle class.
We are the ones looking out for the middle class. Who do think pays for the endless expansion of government? Its middle class taxpayers. Our reforms protect middle class taxpayers.
I understood that these trade agreements were going to destroy the middle class of this country. I led the fight against us. That is one of the major differences that we have.
Doing nothing while the middle class is hurting. That's not leadership. Loose regulations and lax enforcement. That's not leadership. That's abandoning our middle class.
Barack Obama destroyed the middle class. Whatever you want to say about his rhetoric, the rich got richer, but the poor got poorer, and the middle class got wiped out. That's really what Trump appealed to and inspired in the forgotten man.
If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America.
Donald Trump and Hillary Clinton are not themselves members of the middle class, not by a long shot, which means they've searched for other ways to prove to voters that they care about their concerns and understand what middle class workers are going through.
I was not from a middle-class family at all. I did not have middle-class possessions and what have you. But I had middle-class parents who gave me what was needed to survive in society.
It's hard to improve our schools. It's hard to redistribute wealth created by the concentration of technological and financial power or to increase middle-class wages. But it might be easier to lower middle-class costs by building more housing.
I grew up in a working class neighborhood in Sweden, which, during my teens, gentrified and is now completely middle class and even upper middle class.
The light bulb going off in my head was a fear that in this pivotal moment in history, when America faces so many serious problems, when the middle class and working class of this country are being decimated, that there were not voices out there representing the tens of millions of people who needed a voice. And the idea of going through a campaign where there is not a serious discussion about the most important issues facing America, where there are not voices out there representing people who are hurting - that seemed to me unacceptable.
Related Authors
Alexander Hamilton Quotes
American
Politician
Benjamin Franklin Quotes
American
Politician
Bernie Sanders Quotes
American
Politician
David Brooks Quotes
American
Politician
Hillary Clinton Quotes
American
Politician
Jill Stein Quotes
American
Politician
John F. Kerry Quotes
American
Politician
John McCain Quotes
American
Politician
Marco Rubio Quotes
American
Politician
Mitt Romney Quotes
American
Politician
Narendra Modi Quotes
Indian
Politician
Newt Gingrich Quotes
American
Politician
Paul Ryan Quotes
American
Politician
Rand Paul Quotes
American
Politician
Rudy Giuliani Quotes
American
Politician
Ted Cruz Quotes
American
Politician