Mark Zaccaria on Budget & Economy

	Mark Zaccaria on Budget & Economy

Senate bank regulators are too cozy with regulated banks

Zaccaria accused Reed, who is a member of the Senate Banking, Housing and Urban Affairs Committee, of being too cozy with the banking industry: "The people that he regulates have been very generous to him."

During his campaign, Zaccaria said, he will also lay out Reed's "anti-economy and anti-business stands," and how much his support for the Affordable Care Act--known as ObamaCare--threaten to "cost the average Rhode Islander."

Source: Providence Journal on 2014 Rhode Island Senate race , Jun 24, 2014

Do the right thing and cut pork, then cut all expenditures

The fastest acting and best long term policy action the federal government could take would be to lower its expenditures. This would lower the amount of money diverted from the productive economy to less efficient uses. Doing that, however, is a lot more difficult than it sounds. Since government is a political institution there's always the temptation to cut spending right after the pork is brought home this time. It's a problem that has plagued legislators of all parties.

It's time to start some buzz around the idea of 'Doing the Right Thing' for the economy. We fought a 50 Year Cold War to determine what the dominant political philosophy would be here on Earth, and Capitalism won. So it is incumbent on the world's largest economy to apply that political philosophy effectively.

Source: 2008 R.I. House campaign website, markz4ri.org, "Q&A" , Nov 6, 2008

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