We will balance the budget one way or another. Greece has chosen the most difficult path.
2040 is not unreasonable. The problem is people want everything done now. I remember when I took out a loan on my house. Friends told me for years don’t bother paying it off, take the money and invest, etc. Well, my house has long since been paid for and I can retire early. Those same people are sitting in homes underwater and now are complaining about me retiring. 2040 is not that long from now-if we can tolerate the noise.
Naturally, I disagree with Mr. Ryan's budget on the context of time and size. His plan does not do it soon enough, and his economic projections are pure fantasy and bubble worthy.
But, at least he has a plan, with of course his better than the other.