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How to Fix the Economy - Budget Expert Peter Ferrara

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Uploaded by on Dec 21, 2010

Peter Ferrara is perhaps the nation's greatest expert on the federal budget and government spending. In this program, Mr. Ferarra spells out steps to restore economic prosperity, which the new Congress would be wise to adopt. He also points out what will make things worse, such as yet more Keynsian policies, and how to avoid hyper-inflation.

Mr. Ferrara lays out the "Four Components of Reaganonomics," which created a 25 year economic boom.
1. Cutting Government Spending.
2. Cutting Tax Rates.
3. Deregulation.
4. Sound Money-a stable strong dollar.
The principles can create another 25 year boom if implemented again today.

Interestingly, Mr. Ferrara does not recommend raising the age to receive Social Security--watch and learn what all which he does recommend.

Mr. Ferrara is the Director of Budget Policy at the Institute for Policy Innovation.
http://www.ipi.org

Conservative Roundtable is a production of The Conservative Caucus (TCC) and produced by Art Harman. TCC is America's constitutional Government Action Organization.

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Top Comments

  • Get rid of the central banking system(looting)!

  • Peter Ferrara should be a part of the upcoming Republican administration.

    He knows what he's talking about and as a spokesperson he can explain these policies in ways that everyone can understand. He also inspires confidence, which is currently lacking in the American people.

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All Comments (11)

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  • Peter Ferrara is a clueless idealoge.

    He has a screaming tantrum everytime he debates Thom Hartmann.

  • 1. End the federal reserve

    2. Restore sound money as the constitution says

    3. End the regulations

    4. End the military industrial complex

    5. End the war on drugs

    6. Install tariffs

    7. End the income tax

    8. End the wars, bring all of the troops home, close all abroad military bases

    9. No bailouts to anyone

    10. End medicare/medicad, the departments, social security, and more.

  • america has no manufacturing left, just services industries, it will have nothing to sell when it all falls down. how can this change: less regulation, lower taxes, money for manufacturing businesses to start up, and, a 25% import duty on all chinese imports ! my vids show how i did it myself

  • Mr. Ferrara's advocacy of this "Personal Account System (or Option)" it sounds great if done correctly! One reason is that it would phase out the current system, thus not requiring massive new borrowing to pay for those approching retirement.

  • Now as wise as it is to lower taxes and create a stable currency supply, I doubt that the 25 years following Reagan's partial success in doing so, brought about the "greatest period of wealth creation in the history of the planet," at least not adjusted for population growth.

    Part of that growth would have been faux growth, growth with inflation and debt counted as integral. Such a growth is not a true picture of wealth creation, but a porous structure that must (partly) collapse, eventually.

  • Become self sufficient and abolish the parasites (Rothschilds, Rockerfellers, British Monarchy etc)..Freedom will then reign

  • If you want to eat, you have to produce. If you want to produce, you have to invest. Or, if not, you have to rob someone else.

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