Betsy Summers on Budget & Economy

Deficit spending leads to economic collapse

On Deficit Spending: A nation's money is its economic lifeblood. Passing on our debt to future generations, or defrauding the people and the government's creditors with inflation, are not options. Those paths lead inevitably to economic collapse; we need to choose a path that leads to long-term prosperity. Source: Campaign website, www.voteforbetsy.com, "Issues" Oct 15, 2004

Return to gold & silver-based monetary system

A solution to deficit spending is to put the American economy back on real money, backed by gold and silver, and to take away the ability of the Federal Reserve to create "money" out of thin air, debasing the value of the "money" in your wallet. I will vote against legislation for any such operation that doesn't meet the true test of money: It is either made of gold or silver, or can be redeemed for a fixed amount of gold or silver. Source: Campaign website, www.voteforbetsy.com, "Issues" Oct 15, 2004

Click here for definitions & background information on Budget & Economy. Click here for policy papers on Budget & Economy. Click here for SenateMatch answers by Betsy Summers. Agree? Disagree? Voice your opinions on Budget & Economy in The Forum.
*Other candidates on Budget & Economy:*		*Betsy Summers on other issues:*
*PA Gubernatorial:* Ed Rendell *PA Senatorial:* Arlen Specter Joseph Hoeffel Rick Santorum Tom Martin *Presidential:* George W. Bush (Republican for President) V.P.Dick Cheney (Republican for V.P.) Sen.John Kerry (Democratic nominee for Pres.) Sen.John Edwards (Democratic nominee for V.P.) Ralph Nader (Reform nominee for Pres.) Peter Camejo (Reform nominee for V.P.) David Cobb (Green nominee for Pres.) Michael Badnarik (Libertarian nominee for Pres.) Michael Peroutka (Constitution nominee for Pres.)	*2004 Senate Races:* (AK)Knowles v.Murkowski v.Sykes (AR)Holt v.Lincoln (AZ)McCain v.Starky (CA)Boxer v.Jones v.Gray (CO)Coors v.Salazar v.Randall v.Acosta (CT)Dodd v.Orchulli (FL)Castor v.Martinez (GA)Isakson v.Majette v.Buckley (IA)Grassley v.Small v.Northrop (IL)Obama v.Keyes (IN)Bayh v.Scott (KY)Bunning v.Mongiardo (LA)John v.Vitter (MD)Mikulski v.Pipkin (MO)Bond v.Farmer (NC)Bowles v.Burr (ND)Dorgan v.Liffrig (NH)Granny D v.Gregg (NV)Reid v.Ziser (NY)Schumer v.Mills v.McReynolds (OH)Fingerhut v.Voinovich (OK)Carson v.Coburn (OR)Wyden v.King (PA)Hoeffel v.Specter v.Summers (SC)DeMint v.Tenenbaum (SD)Daschle v.Thune (UT)Bennett v.Van Dam (VT)Leahy v.McMullen (WA)Murray v.Nethercutt (WI)Feingold v.Michels	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Jobs Principles Social Security Tax Reform Technology War/Peace Welfare Other Senators House of Representatives SenateMatch (matching quiz) HouseMatch Senate Votes (analysis) House Votes