Indeed, here are some of the reasons these five good men give to explain why they voted against the fiscal cliff deal:
Sen. Paul explains: “…there’s no objective evidence that we are good with money up here [in Washington], so we shouldn’t send more money up here; we should leave more money in the private sector. Now Milton Friedman recognized this when he said: ‘Nobody spends someone else’s money as wisely as you spend your own.’ That in a nutshell, that in a once sentence, explains to you why the private sector is more efficient than the public sector; [in] the public sector…it’s not their money…that’s why they [politicians] spend a trillion more than they have each year… And guess what? When you raise taxes on two percent of the people, there’s a chance you don’t get more revenue.”
Sen. Shelby broke down the political situation: “…I believe you never know — if we would have held out, maybe it would have done something. The pressure was building on the president to do something. He certainly doesn’t want us to go into recession. But we need fundamental tax reform. We need to reform our entitlements. We need to look at the spending ledger.”
Sen. Rubio explained his vote thus: "Thousands of small businesses, not just the wealthy, will now be forced to decide how they'll pay this new tax and, chances are, they'll do it by firing employees, cutting back their hours and benefits, or postponing the new hire they were looking to make. …Of course, many Americans will be relieved in the short term that their taxes won't go up. However in the long run, they will be hurt when employers pass on to them one of the largest tax hikes in decades.”
Sen. Lee tweeted his viewpoint: "Even the best #fiscalcliff deal will leave 99% of a dysfunctional system intact."
And Sen. Grassley tweeted: “When will Wash start work to control spending? Deal failed 2 do so& President made clear he wants more tax increases. Yet prob is spending”
Let’s give these five good men a round of applause. And let’s only entrust men and women like them with political power.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins