Senator Richard Burr's Response to the President's Weekly Radio Address

This is a good speech because it reminds people of the consequences of our enormous public debt. When I checked a few years ago, interest on the public debt was the third largest expenditure of public money.

The idea is to build up surpluses during good years so you can deficit spend during bad years without accumulating debt, but this doesn't generally doesn't happen. Government has become more spendthrift, and during good economic times politicians figure they can cut taxes to make themselves more popular.

So we are stuck in a rut. Classical economies are prone to boom and bust cycles and government doesn't have enough responsibility/unity for Keynesian economics.

That's an age old argument in favor of classical economics: "In the long-run, the classical economy operates at full employment."

Keynes made a famous retort to classical economics by saying, "In the long-run, we are all dead." Essentially, Keynes was saying we don't know how long it will take the economy to fix itself so we need government to step in and spend enough to close the spending gap that keeps the economy from full employment.

You were not thinking about our children paying over the last 8 years.

Greeting's Patriot!
Mr.Politician
I want you to support HR.1684 and S.816 and to "OPPOSE BILL" S.843

Life is not so short but that there is always time enough for courtesy.
- Ralph Waldo Emerson

Get your head out of Barakakhan Saddam Hussein Castrobama's rear so you can get a taste of reality.

Senator Burr, thanks for your good work. Most thinking North Carolinians support you.

"If the American people ever allow private banks [ie. Federal Reserve] to
control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
Thomas Jefferson

"I believe that banking institutions[Federal Reserve Bank] are more dangerous
to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks [Federal Reserve Bank] and restored to the people to whom it properly belongs."
Thomas Jefferson