Don't worry about it. Ron Paul has started something big and he is releasing a book about how we should continue to Revolution!! The first thing to do is READ books about US history and how Congress works. Understand the system and then get into the system to change it from the inside!!! Our Government is completely corrupted, we can change that over the next 4-8 years!
Bogus Claims in Boca
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And Huckabee's suggestion that the FairTax will end the underground economy is highly unlikely. It's true that pimps and drug dealers will now be taxed when they spend their earnings. But will they really charge johns and junkies sales tax on their purchases? Moreover, those johns and junkies are no longer paying any income taxes on the money that they use to buy drugs or sex. Under the current system, pimps pay no income taxes but johns do. Under the FairTax, pimps pay a consumption tax but johns don't. It's a better deal for the person buying the sex, drugs or other illicit purchase, and a worse deal for the person selling it.
In fact, far from ending the underground economy, there is a real possibility that the FairTax will feed it growth hormones. Bruce Bartlett, who worked in both the Reagan and first Bush administrations, writes that "Under the FairTax, every time you purchase a service, you would probably get two prices — one you can pay with a check or credit card that includes the FairTax and one you can pay in cash and save 23 percent. Because there would no longer be any audits of income, since the IRS would have been abolished, tracing such tax evasion would be extremely difficult."
There were plenty of other tempting targets in this little exchange, but we've already bagged our quota.
Giuliani's Fables
Giuliani continued a pattern of exaggerating his accomplishments as mayor of New York:
Giuliani: I'm the only one who's actually turned around a government economy. I mean, the reality is when I became mayor of New York the economy of New York was in very, very bad shape – tremendous deficits, ten-and-a-half percent unemployment, 300,000 jobs gone. We turned that around, cut unemployment by more than half, brought in 450,000 new jobs, and we cut taxes by 17 percent.
Let's start with unemployment. In January 1994, when Giuliani took office, the seasonally adjusted jobless rate – the figure most commonly used when reporting unemployment numbers –was 9.9 percent. According to Giuliani's campaign, he was talking about the seasonally unadjusted rate, which indeed was 10.4 percent. While the Bureau of Labor Statistics does report two sets of unemployment figures, seasonally adjusted and seasonally unadjusted, it is the seasonally adjusted numbers – which have been mashed to account for variations in employment patterns through the year – that are most commonly used by reporters and even by the BLS.
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