Re: Ryan's Budget
No, he's not trying to resolve the budget problem, except perhaps for the existence of the federal government. Mr Ryan's proposal cuts spending by some 5 trillion over ten years (round numbers). However, it also cuts taxes by almost an equal amount. It doesn't balance the budget until 2040. It proposes cutting the entire federal government with the exception of Medicare and Social Security to 3.9% of GDP. Defense spending has never been under 3% GDP since the 1930s, and he doesn't favor cutting defense sending. This, the rest of the federal government would effectively have to shut down. No Pell grants, no education funding, no CDC, no EPA, no FDA, no highway money, no air traffic control, no nothin'. There might be enough left over for the FBI and the border patrol, but that's about all. Mr. Ryan's budget, if we were to take it seniority, is a massive transfer or resources from everybody else to the rich.
. . . who else is even trying to resolve the budget problem. At least he appears to be trying.
Ryan is a follower of Ayn Rand, the woman who claimed that altruism is a moral abomination, and this budget is precisely what one would expect from such a person He is not trying to fix the deficit; one does not reduce taxes by over $4 trillion if one cares about the deficit. He wants to institute Social Darwinism.
Fortunately Ms. Rand's ideas are shared by only a fairly small minority of Americans. This budget is one more step in the Republican party's suicide through ever-increasing extremism.
Last edited by Keith Wilson; 03-22-2012 at 07:51 AM.
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