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7

Economics · Politics

Ron Paul Versus the Stupid Party

  • by Jim Johnston
  • January 17, 2012
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The caucuses in Iowa and the primary in New Hampshire have made Rep. Ron Paul a credible alternative to Mitt Romney going into the primaries in South Carolina and Florida. The Republican establishment is not happy. Pity.

The conventional wisdom is that a moderate or even a strong conservative will have to move toward the center in order to capture the independents in between conservatives and liberals. That is like two armies going head-on toward each other.

But there is another popular military strategy. It is called flanking the opposing army, and it means attacking from behind in addition to a direct frontal assault. That, in policy terms, is what Ron Paul is doing.

Among all the candidates, including of course the president himself, Paul has the most complete economic policy for a recovery. Put simply, it is to reduce government spending and curtail the policies that continue the recession, such as those of the Federal Reserve. In addition to the best economic policy being offered by any of the Republican candidates, Paul has a set of social policies that appeal to liberals, especially young ones. He is against foreign wars that are not related to domestic defense, and he is for decriminalizing marijuana, to mention a couple.

The latter has received a strong push-back from the Republican establishment. Their thinking is that such a policy will lose Paul the conservative base, and therefore he cannot be nominated.

If a more conventional Republican is nominated and moves toward the middle during the general campaign in order to capture independents, however, it will amount to the same thing, since it involves losing the conservative base on economic issues. Thus it is not a winning strategy. What is worse, the economic recovery will be further delayed.

Paul’s policy mix, by contrast, can capture some of the liberal base while maintaining the conservative base. It is essentially an attack from both ends against the middle.

That looks to me like a winning strategy. It means the Republican voters must choose an economic recovery over intervening in foreign disputes, and continue to give Paul a strong showing in the primaries. If you have not noticed, the voters are already doing this.

One additional task is for the Republican establishment to stop being the stupid party.

Tags: drug legalizationmarijuanarepublican primaryRon Paulstupid party

— Jim Johnston

Jim Johnston is The Heartland Institute's senior fellow for energy and regulatory policy and a member of its Board of Directors. He retired in January 1993 from his position as senior economist at Amoco Corporation, whose Economics Department he joined in 1975. His primary responsibilities while at Amoco included the economic analysis of public policy issues and the hedging of corporate risk. Prior to his employment at Amoco, Mr. Johnston served as an economist with the RAND Corporation, the Institute for Defense Analyses, and the Secretary's Office of the U.S. Treasury. He served on the U.S. delegation to the United Nations Conference on the Law of the Sea. Mr. Johnston's current research has focused on electric utility deregulation in Illinois and other states; pollution trading under the climate change treaty, Clean Air Act, and the RECLAIM system for the South Coast Air District; and a general theory of regulation, published in the Cato Institute's Regulation magazine.

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  • http://www.facebook.com/people/Paul-Michael/100002314835409 Paul Michael

    I read the books Blowback by Chalmers
    Johnson and The Creature From Jekyll Island by G. Edward Griffin to
    get an in depth understanding of Ron Paul’s economic and foreign
    policy views. Ever since I’ve been a believer that his views are spot
    on.

    • http://pulse.yahoo.com/_HBJDDXQYJTB6BNSXWVFMI4DIGU Freedomisgood

      Paul, I agree with everything you say, but you need to add Inside Job a Matt Damon documentary to your list!

      http://www.tagtele.com/videos/voir/75678 

  • Anonymous

    Unfortunately the establishment strategy seems to be to start another war so that anyone opposed to it can be called unpatriotic.  When Bush tried that the intelligence community cut him off at the knees by releasing a study showing Iran wasn’t developing a Nuclear weapon.  Holding the line against the war mongers for another 11  months may be hard.

  • Anonymous

    I believe Jim is not correct in his assertion that Ron Paul’s position is for  ”decriminalizing marijuana”.  While that is consistent with his personal views, his official position is to stop the federal War on Drugs and return legislation regarding personal use of drugs to the states.  This is an important distinction.  The federal government does not have the constitutional authority to be involved in this area one way or the other.

    • http://pulse.yahoo.com/_P5IXYRWJZR7X3ZKIBCSSEDJG4E Jeremy Ryan

      True. If federal laws against marijuana were abolished?? one month later i get caught with 3 pounds of weed in Texas, Bet your butt i would still go to state prison. People are silly they think just because a federal law is gone, A state law no longer counts. There are federal laws and state laws for kidnapping. If the federal kidnapping laws were abolished, Would kidnapping become legal? Would the state kidnapping law no longer count? This country is getting really ridiculous.. For every crime we have a state law and a federal law. By 2020 there will be a federal law against jaywalking.

  • Anonymous

    I’m assuming your not beholden to the same masters as most of the other mainstream media and news outlets. Great article although HolisticMusician is correct.
    “That looks to me like a winning strategy” Your right! he is a cunning fox, after all he’s been in and around the wolves for a long time and survived.
    He might come across like a bumbling fool to some, but boy does that man know how politics works and everything he says is correct, he would destroy all others in a fair one on one debate.
    Think about this, it’s Dr. Paul verse the washington war machine and he’s winning.

  • http://www.heartland.org/ The Heartland Institute

    HolisticMusician
    and RPSupporterUK are both correct that Ron Paul argues for devolving the
    regulation from the federal government to the states. But that leads to
    eventual decriminalization. The model is the legalization of alcohol.

    The
    Volsted Act was not repealed. The regulation was simply relegated to the
    states. See the book Daniel K. Benjamin, Roger LeRoy Miller, Undoing Drugs – Beyond
    Legalization, Basic
    Books, 1991. Not all states legalized, but the competition among states
    eventually led to virtual decriminalization with regulation by the states. It
    was therefore recommended by Benjamin and Miller as the model for drugs.Thank
    you for the comments.- Jim Johnston

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