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Paul Ryan's 'Kamikaze' Budget Is Like Doing Surgery Without the Anesthesia
Forbes ^ | 03/21/2013 | Louis Woodhill

Posted on 03/21/2013 8:32:22 AM PDT by SeekAndFind

By all accounts, the Japanese Kamikaze pilots in WWII were earnest, dedicated young men. House Budget Chairman Paul Ryan is an earnest, dedicated young man. The principal difference between Chairman Ryan and a Kamikaze pilot is that the Japanese aviators got only one shot, while Ryan has managed to fly three suicide missions in three years.

Ryan’s first Kamikaze flight, his “Fiscal Year 2012 Budget Resolution”, had zero impact on Federal spending, but managed to sink Republican hopes of retaining NY-26, a congressional district that had been held by Republicans since Jack Kemp won it in 1970.

Ryan’s second suicidal attack on federal spending, his “Fiscal Year 2013 Budget Resolution”, helped send the Republicans’ 2012 national election flotilla to the bottom, including his own candidacy for Vice President.

Now Chairman Ryan is revving his fiscal engines and readying his “Fiscal Year 2014 Budget Resolution” for takeoff. This one comes too early to sink the Republicans’ chances for holding onto the House of Representatives in 2014, but it will certainly hand the Democrats a lot of ammunition to fire at the Republican fleet next year.

The missions that the Kamikazes flew in 1944 – 1945 made no difference in the outcome of the war in the Pacific. However, the Japanese suicide pilots at least had the right objective—to destroy the U.S. 7th Fleet. Chairman Ryan’s latest budget plan doesn’t even have that much going for it.

Ryan’s budget starts with the assumption that the overriding issues are federal spending, deficits, and debt. This is not correct. America’s most important problem is subpar economic growth. Indeed, the rate of economic growth is the only “first order” issue. Everything else is at least an order of magnitude (i.e., a factor of 10) less important.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: budget; deficit; paulryan; ryan

1 posted on 03/21/2013 8:32:22 AM PDT by SeekAndFind
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To: SeekAndFind

Why does Forbes give space to these nuts? I am fine with a thoughtful argument for other economic policies, but not this spewing.


2 posted on 03/21/2013 8:35:04 AM PDT by ilgipper (The lesson for the GOP is simple - don't let the opposition define you)
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To: SeekAndFind

Until we get back to 18% of GDP, we are just trimming fat.


3 posted on 03/21/2013 8:36:17 AM PDT by taxcontrol
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To: ilgipper

The author disagrees with Paul Ryan on one issue — BALANCED BUDGET.

He argues that Ryan’s budget plan then assumes that it is important to balance the federal budget.

He disagrees and says that it is not. In fact, at least in terms of economics and federal finances, a balanced federal budget is not even desirable.

If we had a balanced budget today, the right thing to do would be to implement supply-side tax cuts to increase our RGDP growth rate. There is no problem running a deficit so long as it is lower (as a percent of GDP) than our rate of nominal GDP growth. As long as this is the case, our debt as a percent of GDP will decline steadily.

DISAGREE WITH HIM? I’d like to understand why.


4 posted on 03/21/2013 8:39:03 AM PDT by SeekAndFind
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To: SeekAndFind
Obama’s Kamikaze spending is the problem.
5 posted on 03/21/2013 8:39:19 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: taxcontrol

All it takes is one columnist to support Ryan’s budget. Reason it gets no traction is because of nuts like the author of this article.


6 posted on 03/21/2013 8:40:07 AM PDT by EQAndyBuzz (Got a problem? Nothing a drone strike can't fix.)
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To: ilgipper

When the patient is in a coma no anesthesia is necessary.


7 posted on 03/21/2013 8:46:03 AM PDT by Cyman
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To: mountainlion

I’d rather have a hemorhoid(sp) removed without anesthesia than listen to king hussein yap on and on.


8 posted on 03/21/2013 8:46:33 AM PDT by rktman (BACKGROUND CHECKS? YOU FIRST MR. PRESIDENT!(not that we'd get the truth!))
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To: rktman
I’d rather have a hemorhoid(sp) removed without anesthesia than listen to king hussein yap on and on.

I used to like Nixon's speeches. There was nothing on earth that would put me to sleep faster.

9 posted on 03/21/2013 8:52:39 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: mountainlion

That was quite a sedative as I recall. King hussein on the other hand simply makes me want to hurl!


10 posted on 03/21/2013 8:55:49 AM PDT by rktman (BACKGROUND CHECKS? YOU FIRST MR. PRESIDENT!(not that we'd get the truth!))
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To: SeekAndFind

I’d say do what the dems would do and start calling the democrats racists for using the term “kamikaze”. And racist un-Americans for trying to equate another party as suicidal pilots from a foreign country...who by the way, the democrats under Big Sis are now giving trusted traveler status to....


11 posted on 03/21/2013 9:13:40 AM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: SeekAndFind
Paul Ryan's 'Kamikaze' Budget Is Like Doing Surgery Without the Anesthesia

The choice is between doing surgery without anesthesia or letting the patient bleed to death while waiting for the anesthesiologist. Unfortunately the rest of the surgical team has drained the nitrous tank for their own use.


12 posted on 03/21/2013 9:19:53 AM PDT by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
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To: SeekAndFind

Time to cancel my subscription to Forbes...


13 posted on 03/21/2013 9:35:08 AM PDT by GraceG
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To: SeekAndFind

I remember when Forbes was conservative.


14 posted on 03/21/2013 9:48:19 AM PDT by denydenydeny (Admiration of absolute government is proportionate to the contempt one has for others.-Tocqueville)
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To: SeekAndFind
This budget is for Dem's who are already unconscious and therefore, don't need anesthesia.
15 posted on 03/21/2013 9:59:39 AM PDT by G Larry (Which of Obama's policies do you think I'd support if he were white?)
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To: SeekAndFind

There are more than just a few lawmakers on Capitol Hill who are in need of some surgery without anesthesia....


16 posted on 03/21/2013 10:23:32 AM PDT by NRA1995 (I'd rather be a living "gun culture" member than a dead anti-gun candy-ass.)
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To: SeekAndFind
Liberals are long on imagery and short on performance.

What's new?

17 posted on 03/21/2013 3:25:16 PM PDT by publius911 (Look for the Union label, then buy something else.)
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To: SeekAndFind

Liberals are morons when it comes to the budget. They have no real clue what a budget truly is. They also ignore the line items and just focus on goals...that isn’t budgeting, it’s wishful thinking.

No one, including the GOP, ever gets into the weeds. Zero based budgeting works folks, we should try it in government instead of the “formula” of spend this and next year spend this plus 4%. That’s not budgeting either.

There are billions and billions of BS in local, state and federal budgets. And the money going to overhead is ungodly...a real conservative GOP Congress would highlight this fact. Publish the percentage of the budgets that is payroll, etc. I bet some of the departments run close, or over, 50% in overhead.


18 posted on 03/21/2013 3:34:52 PM PDT by Fledermaus (I'm done with the GOP. Let them wither and die. We need to start over.)
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