Showing posts with label Ryan Budget. Show all posts
Showing posts with label Ryan Budget. Show all posts

Tuesday, August 14, 2012

They Like Him But...

Nearly all of my conservative friends are overjoyed at the pick of Paul Ryan as Mitt Romney's VP. I'm still trying to figure out why Mittens picked someone to fire up the base. With all of them foaming at the mouth about making President Obama a one term president, was he really worried that they wouldn't turn out and vote for him?

These same conservative friends of mine cry foul when I point out facts about Congressmen Ryan. They think I'm lying when I say he has never really worked in the private sector. They think I'm lying when I say that he has been a career politician. They really get pissed when I demonstrate how he used Social Security benefits to pull himself up by his bootstraps.

How pissed will they be when they read this? 

In short, Mr. Ryan’s plan is devoid of credible math or hard policy choices. And it couldn’t pass even if Republicans were to take the presidency and both houses of Congress. Mr. Romney and Mr. Ryan have no plan to take on Wall Street, the Fed, the military-industrial complex, social insurance or the nation’s fiscal calamity and no plan to revive capitalist prosperity — just empty sermons.

That's not some raging liberal writing here. That's David Stockman, Ronald Reagan's OMB guy from 1981-1985. In true propeller head fashion, Stockman breaks down the numbers of the Ryan Budget and shows it for all it is...a plan that won't reduce the debt or the deficit.

Folks, here are the facts about The Great Thinker's plans. His Road Map didn't see a balanced budget until the 2060s and added 60 trillion dollars to the national debt. His revised plan was at least a little better with a balanced budget in the 2030s and 14 trillion dollars to the debt. I challenge anyone to take a hard look at these plans and check the numbers.

So what does his plan actually do? Here's an excellent primer from The Christian Science Monitor.