Posted on 04/04/2011 11:18:24 PM PDT by T Christopher
Cue the Dems: CUTS! They are tossing out old people on the streets and starving children, etc.
Hope axing Dept of Education is on the cuts list.
1) When we talk 1.5 trillion in ONE year, or to use a “10 years” figure 15 trillion over 10 years, THEN it’s serious money.
2) So long as the Democrats go apoplectic over teensy cuts, let’s give them “repeal to 1789” size cuts.
Free the (tax) slaves!
I was getting pretty discouraged because they seemed to all be failing us. Glad to hear Ryan is coming out strong again. We don’t need pussyfooting. It’s either some real pain now or destruction of our country later.
I was a bit worried that the emphasis on spending cuts, though desperately needed, might create an aura of negativity in contrast to the Gipper's morning in America.
The proposed 25% top corporate and individual rates is a powerful recognition of the need to bake a bigger pie, not just cut the pie so everyone gets a small sliver.
Kudos Mr. Ryan.
DO IT!
Obama’s Plan: Dive us over the cliff
Ryan’s plan: Drive us over the cliff but a bit slower than Obama would.
So how much Debt is too much? That is the target we should have in mind. Economists put it between 90% and 125% of GDP with 100% taken as a convenient rule of thumb.
Our publicly (not “lock box”) held debt is around $9.5trillion. Our GDP is $14trillion. That leaves us $3.5trillion to $8.0trillion left. Lets assume we don’t want to risk everything we have worked for and take the lower number. That means we have to cut $500billion from the deficits every year until it is balanced four years from now. (Approximately Rand Paul’s plan).
Not only does Paul Ryan’s plan fail to eliminate the deficit, it fails to protect the country from default.
In Feb 2011, the monthly deficit was $223B.
Ryan plan is insufficient. It's a 10 year commitment to do less than 25% of the work that needs to be done. At best.
As long as this the best plan that is out there, and it is, I’m onboard wth Ryan. when someone has the nads to step up with a bigger plan, then I’ll be onboard with them. Can’t get there if you never leave the garage.
“Not only does Paul Ryan’s plan fail to eliminate the deficit, it fails to protect the country from default.”
Huh? It completely eradicates the DEBT by 2050, which obviously is impossible without eradicating decades of deficits in between. Why would a country on a glide-path to fiscal sanity even need to consider defaulting?
The WSJ article mentions reforms to subsidies for alternative fuels. Here’s hoping it eliminates the ethanol subsidies and the tariffs on ethanol imports, but I won’t hold my breath.
Chris Matthews calls the Republicans the “daddy” party and the Dems the “mommy” party. Ryan’s proposal has reframed the debate: he has deftly positioned the Republicans as the “adult” party, while the howls from the left are cementing into the mind of the public an image of Dems as the “kiddie” party (or “spoiled brat” party).
As Ryan said on Meet the Press on Sunday, shame on the Dems if they demagogue this proposal rather than offer a constructive alternative.
Rand Paul’s plan works. Ryan’s is the equivalent of turning on a road in the mountains and letting three wheels go over the edge. “It’s okay. America has four wheel drive.”
First, it risks default in the next four years. Second, Ryan can’t promise what future congresses will do just like Pelosi could not promise what this congress will do. In fact, for as long as I remember, every congress and president has promised that the deficit will someday be gone. Someday.
I love Rand Paul but his "plan" is written on the back of a napkin while Ryan's budget has details that can and will be discussed and examined in detail.
It's the difference between a headline and 1,200 words of text.
Where is Rand Paul’s plan? I’ve not seen it or even heard about it. Where has he introduced it?
Let's just pass it, then we can open it up and read what it says!!
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Well, hell! It worked for the dem/lib/prog/pops!!
This is so damned OLD!!
McKinnley: "Patriotism, Protectionism, and PROSPERITY"
Eisenhower: "Peace and PROSPERITY"
Algore: "PROSPERITY and progress"
Algore: "PROSPERITY for American families"
etc...etc....etc.
The rino/repub/conserv/Tpartyers really need "communications" help...and some very good advertising
I am amazed at how many conservatives think that "technocrat Ryan" is on the right path. His plan is a total, absolute joke! It's smoke and mirrors and built on "hope."
The left will use his plan to slaughter us, via the MSM and other brainwashing avenues.
I am convinced more and more that there is no "legislating" our way out of this mess. Unfortunately, it seems the entire system has to totally collapse. We will either come out the other end a Republic, or some decaying socialist hellhole.
The Second Republic of the United States may be a better place, or it may be a worse place. But the First Republic is in collapse and cannot be rescued.
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