Who Hijacked Our Country

Monday, April 11, 2011

Paul Ryan’s Budget Plan: “Unrealistic,” “Off the Deep End”

That description didn’t come from some bleeding heart liberal who wants to take America down the slippery slope to socialism. It’s from David Stockman, the chief architect of Reagonomics thirty years ago.

If David Stockman says you’re unrealistic and too far to the right — as Seth Meyers once said, “That’s like the president of the chess club calling YOU a nerd.”

Stockman said:

“It doesn't address in any serious or courageous way the issue of the near and medium-term deficit. I think the biggest problem is revenues. It is simply unrealistic to say that raising revenue isn't part of the solution. It's a measure of how far off the deep end Republicans have gone with this religious catechism about taxes.”

He added:

“It's kind of a pitiful commentary on our state of fiscal malgovernance when you consider the two leaders that we have that are trying to face down this issue. One of them is so ready to compromise that he folds faster than a lawnchair (that's Obama). And the other is ready to sob at the drop of a hat.”

Two other conservative economists — Doug Holtz-Eakin and Tyler Cowen — have also lashed out at Paul Ryan’s budget “plan” (using the term loosely).

Meanwhile, we really do have a huge budget deficit that’s getting worse and worse. Isn’t there someplace where we could cut spending? Hmmm…Let’s see…

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Anonymous Jolly Roger said...

Ryan's District broke heavily for Kloppenburg. We may be hearing the last from him.

April 11, 2011 at 2:26 PM  
Blogger Demeur said...

What pisses me off is that you know the democrats will cave to at least part of this BS plan and we'll see yet more erosion of the middle class.

April 12, 2011 at 6:10 AM  
Blogger Tom Harper said...

JR: That's encouraging news. He can leave any time now.

Demeur: Yup, more caving by the Democrats and more erosion of the middle class. The downward spiral continues.

April 12, 2011 at 3:49 PM  
Blogger Snave said...

JR, we know that all the big-money interests will fight hard for Ryan and get the propaganda going, trying to spin him off as some kind of hero, or like a "David" versus the "liberal Goliath" or some other such hooey. After all, he has worked so hard for them in such a short time! Think of how much he might help them accomplish if he can have a few more terms! LOL...

If his district broke heavily for Kloppenburg though, that is a very good sign. Seems like maybe they are seeing through all the Tea Party stuff and tiring of it already, like much of the rest of the nation is.

There is one thing all the money (that is behind the Tea Party) can't overcome, and that is votes. At least we still have that. I think.

April 13, 2011 at 10:08 AM  
Blogger Tom Harper said...

Snave: "Courageous" is the word that all rightwing talking heads were instructed to use for Ryan's ideas. It took such "courage" for him to stand up to those big bad working class people, disabled people, Social Security recipients, mass transit users and other powerful interest groups.

April 13, 2011 at 12:24 PM  

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