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When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print
money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans. Deficits mean future tax
increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as
tax hikers.
 By: | Dr. Ron Paul (more quotes by Dr. Ron Paul or books by/about Dr. Ron Paul) |
| (1935-) American physician, US Congressman (R-TX), US Presidential candidate |
Source: | Deficits Make You Poorer, March 15, 2005 |
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