Principles of Plenty

Congressman McClintock recently delivered this speech to the California Independent Automobile Dealers Association. We are pleased to bring its small government wisdom to our audience. – Ed.

We are in the third year of policies predicated on the assumption that if government just injects enough money into the economy, it can jump start consumer spending and therefore, economic growth.

For three years, this administration has squandered more than a trillion dollars of the nation’s wealth in pursuit of this assumption.

In so doing, it has incurred a debt greater than that acquired by this nation from the first day of the George Washington administration to the last day of the George H.W. Bush administration.

It has cost our nation its triple-A credit rating and it now threatens to bankrupt our country.

Follow Joe Miller at Twitter HERE and Facebook HERE.

 Read More at Floyd Reports By Rep. Tom McClintock, Floyd Reports