Economy
In January 2008, Paul released an economic revitalization plan and named Peter Schiff and Donald L. Luskin as economic advisors to his campaign. National Journal labeled Paul's overall economic policies in 2010 as more conservative than 78% of the House and more liberal than 22% of the House (85% and 15%, respectively for 2009). For 2008, his ratings were more conservative than 91% of the House and more liberal than 8% of the House (80% and 20%, respectively for 2007). In 2006, as more conservative than 48% of the House and more liberal than 51% of the House.
His warnings of impending economic crisis and a loss of confidence in the dollar in 2005 and 2006 were at the time derided by many economists, but accelerating dollar devaluation in 2007 led experts like former Federal Reserve chair Alan Greenspan to reconsider hard money policies such as those of Paul.
Read more about this topic: Political Positions Of Ron Paul
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)