Paul Ryan’s idea of fiscal conservatism is to slow the rate at which the national debt grows but continue deficit spending. Either financially illiterate or just another crony capitalist supporting wealth redistribution.
RE: Paul Ryans idea of fiscal conservatism is to slow the rate at which the national debt grows but continue deficit spending.
He was interviewed about it and knows that this is a problem. However, he explains that you can’t suddenly cancel all deficit spending in one shot without causing a huge and massive uproar (and probably cause the GOP to lose seats ). That would not be politically palatable.
Therefore, his plan is to do it slowly and steadily.
At least that’s how I understand his strategy as he espouses it.