
http://www.powerlineblog.com/archive...st-serious.php
Long time Democrat Erskin Bowles says the Ryan Plan is sensible and honest.....at 0.39 of the tape, Bowles also says the Obama budget proposals are NOT sensible, honest or sincere....gawd, even serious minded Democrats think Obama is trying to head fake the electorate (again ).Check out Ryan's head fake. Maybe they will head fake each other out and run smack dab into each other.
http://www.powerlineblog.com/archive...st-serious.php Originally Posted by Whirlaway
Thirty years of Republican apostasy — a once grand party’s embrace of the welfare state, the warfare state and the Wall Street-coddling bailout state — have crippled the engines of capitalism and buried us in debt. Mr. Ryan’s sonorous campaign rhetoric about shrinking Big Government and giving tax cuts to “job creators” (read: the top 2 percent) will do nothing to reverse the nation’s economic decline and arrest its fiscal collapse.[H]e certainly knows his budget numbers, and isn’t afraid to challenge Ryan’s deficit-cutting street cred:
Mr. Ryan showed his conservative mettle in 2008 when he folded like a lawn chair on the auto bailout and the Wall Street bailout. But the greater hypocrisy is his phony “plan” to solve the entitlements mess by deferring changes to social insurance by at least a decade.
A true agenda to reform the welfare state would require a sweeping, income-based eligibility test, which would reduce or eliminate social insurance benefits for millions of affluent retirees. Without it, there is no math that can avoid giant tax increases or vast new borrowing. Yet the supposedly courageous Ryan plan would not cut one dime over the next decade from the $1.3 trillion-per-year cost of Social Security and Medicare.
Instead, it shreds the measly means-tested safety net for the vulnerable: the roughly $100 billion per year for food stamps and cash assistance for needy families and the $300 billion budget for Medicaid, the health insurance program for the poor and disabled. Shifting more Medicaid costs to the states will be mere make-believe if federal financing is drastically cut.
Likewise, hacking away at the roughly $400 billion domestic discretionary budget (what’s left of the federal budget after defense, Social Security, health and safety-net spending and interest on the national debt) will yield only a rounding error’s worth of savings after popular programs (which Republicans heartily favor) like cancer research, national parks, veterans’ benefits, farm aid, highway subsidies, education grants and small-business loans are accommodated.This is a large and angry revival of Stockman’s constant theme in The Triumph of Politics that Republicans were only interested in cutting federal spending or tax subsides that benefitted someone other than their own constituencies. And as in the 1980s, he’s more than happy to go after the supply-side faith he once shared as well:
The Ryan Plan boils down to a fetish for cutting the top marginal income-tax rate for “job creators” — i.e. the superwealthy — to 25 percent and paying for it with an as-yet-undisclosed plan to broaden the tax base. Of the $1 trillion in so-called tax expenditures that the plan would attack, the vast majority would come from slashing popular tax breaks for employer-provided health insurance, mortgage interest, 401(k) accounts, state and local taxes, charitable giving and the like, not to mention low rates on capital gains and dividends. The crony capitalists of K Street already own more than enough Republican votes to stop that train before it leaves the station
It is the damnist thing... Originally Posted by WTFWould you please quit pasting the same long post in every thread known to man? Is this guy your new boyfriend?
Would you please quit pasting the same long post in every thread known to man? Is this guy your new boyfriend?As soon as you Tea Wonks quit lying about Paul Ryan being a true Conservative. I'll quit posting the actual truth about the Ayn Rand wanna be!
Normally I give you enough face saving wiggle room so your spirit wont be totally crushed to allow you to show your face in here after an appropriate amount of quiet rehabilitation in the interest of sport but this continued pasting is pushing my forbearance Originally Posted by nevergaveitathought