Tuesday, December 2, 2014

Paul Ryan Is No Fiscal Conservative


Paul Ryan now taking some shots from the moron flank, story here at Mediaite.

Ryan’s Medicare reforms don’t take effect for a decade, which means the program will start being reformed after a record number of people have retired, and a record low number of people are paying into it. 
Given the dire warnings from Moody’s and the Congressional Budget Office about America’s financial future, Ryan’s plans are clearly inadequate to the challenge of preventing a national fiscal crisis.
Ryan has a long record of supporting government-expanding policies. Ross addressed some of these, burying them late in his piece. 
There are the votes bailing out banks and the auto industry and for George W. Bush-era legislation such as the prescription drug program that came well before the rise of the tea party,” he wrote. 
In addition to these votes, Ryan stood behind No Child Left Behind, the 2008 stimulus, an extension of unemployment benefits, and hundreds of billions of dollars for two badly-run wars. Ryan’s reputation of fiscal conservatism also suffered damage last year when he said on CBS’ Face the Nation that “we do not have a debt crisis right now but we see it coming.


This type of criticism will continue for any politician who tries to compromise with these libertarian morons.

We need not compromise but rather confrontation with what compels these disgraced second rate humans.


4 comments:

Tom Hickey said...

The good news is that the GOP is strongly committed to blowing itself up with bitter factionalism. Now if only something like that would happen to the Democratic Party too, we might get somewhere politically in the US. by building on the ashes.

Matt Franko said...

Right Tom....

With Ryan, his (one) mistake was putting himself in the position as the VSP on the debt and budget like he was in charge of a firm or something... "John Galt" alter-ego...

So now he is getting "blow back" for that imo...

Maybe this is what you have to do to get to Ways & Means, ie work as Budget chairman first...

In any case they have it all F-ed up...

My hope is that if they do a full year CR by Dec. 10th that they would include a continued suspension of the "debt ceiling" commensurate, if not, then we head directly to Mike's doomsday scenario when we hit the ceiling in March.... infinite regress to zero! scary!!!!

rsp,

Bob Roddis said...

I'm all for direct confrontation regarding your obliviousness to the catastrophic Cantillon Effects and price distortions caused by your core funny money policies. The public could understand this in about three minutes of a televised confrontation.

Go for it. I think you're all chicken.

Schofield said...

"I'm all for direct confrontation regarding your obliviousness to the catastrophic Cantillon Effects and price distortions caused by your core funny money policies. The public could understand this in about three minutes of a televised confrontation."

Most of the public are clueless where the money came from for the QE programme to make the dodgy Bankstas' bets whole again:-

http://azizonomics.com/2012/08/07/the-cantillon-effect/

They still wouldn't understand if you explained it to them on TV since most believe erroneously that a sovereign government needs a balance sheet to create money.

Finally:-

"as we create more and more of these REAL goods and services, we’re going to need more and more dollars in our money-lake—otherwise, one of two things will occur: (a) the dollar value of everything we own will begin to fall precipitously (deflation) because the same number of dollars has to be allocated to more and more stuff; or (b) we’ll have to begin producing FEWER real goods and services to keep prices aligned with the amount of money in the lake. This is called “shooting yourself in the foot,” although it would be more accurate to infer the aim is directed considerably higher."

http://neweconomicperspectives.org/2013/02/real-dollars-and-funny-money.html