Value Reduced Government

Obama economic advisor and former Federal Reserve Chair Paul Volcker (who was despised by many for initiating twenty percent interest rates to tame inflation) has recently proposed that the United States adopt a value added tax to mimic Europe on its path to economic self-destruction. Instead of making a serious attempt at curbing out of control spending by the Federal government, the thinking advocated by Volcker would only further sap this nation's already battered productive capacity. But pulverising the private sector is par for the course in this administration that routinely attacks our freedoms, our personal values, and, of course, the foundational values that made the nation.