Ron Paul Will Fix Everything

Reporting on Politics and Policy.
Oct. 17 2011 4:58 PM

Ron Paul Will Fix Everything

Last week, Ron Paul scheduled a "major announcement." Given the kind of year we'd had, I was worried that Paul would be announcing a surprise endorsement -- all in for Gary Johnson! -- or a sex scandal involving tattered posters of The Passion of Ayn Rand. I shouldn't have worried. This was the announcement: A plan to cut $1 trillion in the first year of a Paul presidency. How?

[E]liminating five cabinet departments (Energy, HUD, Commerce, Interior, and Education), abolishing the Transportation Security Administration and returning responsibility for security to private property owners, abolishing corporate subsidies, stopping foreign aid, ending foreign wars, and returning most other spending to 2006 levels.
Advertisement

Well, done and done. But the rest of the plan is surprisingly modest. There's only a subtle privitization of Social Security: Paul allows "young workers to opt out." The Fed is not ended: Paul audits it and "implements competing currency legislation." There is no major tax reform: Paul cuts the corporate rate to 15 percent, eliminates the estate tax, extends the Bush rates, and calls it a day. This plan is not as far right of the GOP mainstream as you'd first think it is. Heck, it's not as radical as Herman Cain's.

David Weigel is a reporter for Bloomberg Politics

TODAY IN SLATE

History

Slate Plus Early Read: The Self-Made Man

The story of America’s most pliable, pernicious, irrepressible myth.

Rehtaeh Parsons Was the Most Famous Victim in Canada. Now, Journalists Can’t Even Say Her Name.

Mitt Romney May Be Weighing a 2016 Run. That Would Be a Big Mistake.

Amazing Photos From Hong Kong’s Umbrella Revolution

Transparent Is the Fall’s Only Great New Show

The XX Factor

Rehtaeh Parsons Was the Most Famous Victim in Canada

Now, journalists can't even say her name.

Doublex

Lena Dunham, the Book

More shtick than honesty in Not That Kind of Girl.

What a Juicy New Book About Diane Sawyer and Katie Couric Fails to Tell Us About the TV News Business

Does Your Child Have Sluggish Cognitive Tempo? Or Is That Just a Disorder Made Up to Scare You?

  News & Politics
Damned Spot
Sept. 30 2014 9:00 AM Now Stare. Don’t Stop. The perfect political wife’s loving gaze in campaign ads.
  Business
Moneybox
Sept. 29 2014 7:01 PM We May Never Know If Larry Ellison Flew a Fighter Jet Under the Golden Gate Bridge
  Life
Quora
Sept. 30 2014 9:32 AM Why Are Mint Condition Comic Books So Expensive?
  Double X
Doublex
Sept. 29 2014 11:43 PM Lena Dunham, the Book More shtick than honesty in Not That Kind of Girl.
  Slate Plus
Slate Fare
Sept. 29 2014 8:45 AM Slate Isn’t Too Liberal. But… What readers said about the magazine’s bias and balance.
  Arts
Brow Beat
Sept. 29 2014 9:06 PM Paul Thomas Anderson’s Inherent Vice Looks Like a Comic Masterpiece
  Technology
Future Tense
Sept. 30 2014 7:36 AM Almost Humane What sci-fi can teach us about our treatment of prisoners of war.
  Health & Science
Bad Astronomy
Sept. 30 2014 7:30 AM What Lurks Beneath The Methane Lakes of Titan?
  Sports
Sports Nut
Sept. 28 2014 8:30 PM NFL Players Die Young. Or Maybe They Live Long Lives. Why it’s so hard to pin down the effects of football on players’ lives.