Pompeo brought up President Obama’s critical remarks made a few years ago about “fat cat private-jet owners,” saying “if you attack those that show some success and tried to stop them, we will become a nation of envy destroying the opportunity for those that want to rise.”
Price told the audience that there are many lessons to learn from Europe and the United Kingdom as to why the U.S. should not adopt social-welfare policies.
“Many of the factors that led to the debt crisis in Europe that have made it harder for their recovery have been caused by European social and welfare policies: an overly generous welfare state, a restricted labor policy and onerous regulations,” Price said. “How far down this road are we? Record number of people on food stamps, this is the kind of dependency that social welfare champions want.”
“I think the goal should be to provide the greatest amount of freedom, the greatest amount of opportunity so that the greatest amount of dreams can be realized by the greatest amount of people,” said Price.
Price underscored the current efforts by House Republicans in crafting a new budget that would balance in a 10-year period and would avoid the persistent threat of automatic spending cuts.
The congressman from Georgia suggested that the solution to the problems faced by America lies in getting back to a set of conservative values.
“We’ve got to get back to those principles that made us the greatest country in the history of the world – individual responsibility, limited government and lower taxes,” said Price.
“There are huge examples in Europe as to why the social welfare state is not the direction in which the United States ought to head. As Margaret Thatcher famously said, ‘the problem with socialism is that sooner or later you run out of other people’s money’ — and we seem to be headed down that track,” he continued.