Ryan Roundup: Everything You Need to Know About Chairman Ryan’s Budget
http://www.offthechartsblog.org/ryan-2/
Paul Ryan isn’t a deficit hawk. He’s a conservative reformer.
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/08/11/paul-ryan-isnt-a-deficit-hawk-hes-a-conservative-reformer/
The Republican ticket’s big Medicare myth
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/08/13/the-white-houses-medicare-plan-isnt-that-hard-to-find/
"The truth is that the Ryan budget’s largest long-term savings don’t come from Medicaid or Medicare or Social Security, or even Medicaid and Medicare and Social Security put together. They come from everything else. Ryan says that under his budget, everything the federal government does that is not Medicare, Medicaid or Social Security will be cut to less than 3.75 percent of GDP by 2050. That means defense, infrastructure, education, food safety, energy research, national parks, civil service, the FBI — all of it. Right now, that category of spending is 12.5 percent of GDP.
Critics point out that defense alone has always cost more than 3 percent of GDP, that Romney has promised to keep defense spending above 4 percent of GDP, and that the cuts to government services required to make those numbers work are beyond draconian. They also note that Ryan’s plan increases defense spending in the short term, and that his tax cuts have a 10-year price tag of more than $4 trillion, but he’s not identified any offsets.
Ryan is also known as having a deep allergy to debt. But such a concern isn’t evident in his voting record. He voted for the George W. Bush tax cuts, as well as the war in Iraq and the unfunded Medicare Prescription Drug Benefit. Perhaps his most ambitious policy proposal prior to his celebrated budgets was the Social Security Personal Savings Guarantee and Prosperity Act of 2005, a plan to privatize Social Security. The program’s actuaries found that Ryan’s plan would require $2.4 trillion in additional costs over the first 10 years, and the Bush administration ultimately dismissed it as “irresponsible.”
On Medicare, Ryan originally proposed eliminating the traditional Medicare plan entirely and replacing it with a menu of private plans. He subsequently softened the proposal to include the traditional Medicare plan as one option on the menu, But either way, he would remake Medicare from a defined-benefit plan, in which seniors are simply guaranteed Medicare coverage, to a defined-contribution plan, in which they are given a voucher equal to the cost of the cheapest plans on the menu, and if they don’t want those plans, they have to pay the difference.
On Medicaid, Ryan proposed turning the program over to the states and limiting the federal contribution — which now increases alongside Medicaid’s actual expenses — to block grants that grow more slowly than health-care costs. The nonpartisan Kaiser Family Foundation estimated that this would cut Medicaid spending by more than $700 billion over the next decade, but at the cost of throwing between 14 and 19 million people, many of them children, off Medicaid.
The list goes on. Ryan’s Social Security proposal, which was among the most ambitious put forward by any member of Congress, would have diverted Social Security contributions into private accounts. Ryan’s health-reform proposal would have ended the tax exclusion for employer-based health care and replaced it with a refundable tax credit for individuals. Ryan has even sponsored legislation ending the requirement that the Federal Reserve work to achieve full employment.
Some of these policies, like Ryan’s Medicaid plan, would reduce deficits. Some of them, like his tax plan, would be likely to increase them. Many of them would have an unclear effect, which is why Ryan’s savings tend to come from instructions he gives the Congressional Budget Office to assume that Congress sticks to extremely austere spending paths — that is how, for instance, he gets all non-entitlement spending down to 3.75 percent of GDP by 2050.
But the real north star of Ryan’s policy record isn’t deficits or spending, though he often uses those concerns in service of his agenda. It’s radically reforming the way the federal government provides public services, usually by privatizing or devolving those public services away from the federal government."
---Ezra Klein Washington Post
One of the best economic blogs that is regularly calling Bullshit on Ryan is Ezra Klien. Ryan won't appear on the same program with Klien because Klein makes him look like the real dunce he is.
You can see Klein wipe the floor with bullshitter Ryan here every day from now until we embalm Ryan and Mitt-Bott.
http://www.washingtonpost.com/blogs/ezra-klein
-- Modified on 8/14/2012 2:53:08 AM
It's no surprise that a crazy old coot like Bowles, who has wanted to kill Social Security for years, would cum in his pants on Ryan's plan to kill Medicare.
It also doesn't make any sense fiscally. Social Security doesn't contribute a damn dime to the federal deficit.
As for Ryan, anyone who wants to increase defense spending and give rich people more tax cuts isn't serious about the deficit. As the saying goes, talk is cheap.
-- Modified on 8/14/2012 4:05:45 AM
A chart that compares Obama's budget with ryans, and you'll see that they're not very different at all.. So either you are a partisan hack, and it's ok when your guy does it, and not ok with Obama does it...Or you will dig deeper into what is really in his budget, and stop identifying with EITHER side...
Because they're BOTH the exact same evil
http://www.zerohedge.com/news/guest-post-mitt-romneys-selection-paul-ryan-sign-desperation
-- Modified on 8/14/2012 2:05:11 AM
...As I understand it, the 700 billion Obama proposed to be cut in Medicare gets redirected to the ACA. Ryan's budget proposes a 700 billion cut and just hands that money over to the rich in the form of tax cuts.
The deficit commission that Bowles was on didn't accomplish a damn thing, but they were focused on doing the same thing. Financing more tax cuts for the rich by gutting the existing social safety net.
that ryans plan, was EXACTLY the same as Obama's for medicare..Ryan is the status quo, and is only being touted as a budget hawk, which is NOT true...
Until the American people stand up, and say enough! We will ONLY get politicians that seek to uphold the status quo..
-- Modified on 8/14/2012 2:12:44 AM
who has more knowledge of the world in his big toe than they do. It figures you would champion dumb bitches like that.
the talking points of MSN or CNN...
I'm not on the left or right, ok? Willy is the one parroting things he heard on the news..
IMHO, the left AND THE RIGHT are the problem..
You have a real closed mind laffy, and OBVIOUSLY think ANYONE not parroting the talking points you adhere to MUST be on the right. When you also guilty of parroting talking points..
YES the right is awful! But so is the left! and if we want to fix the things wrong with this country, we're gonna need FRESH IDEAS that wont come from the left or the right's polarizing views
Kapeesh?
-- Modified on 8/14/2012 6:59:14 AM
So, it's pretty easy to take cheap shots at Ryan and his so called plan. Just as other European countries have already found, fixing a problem where social programs are now too expensive and threaten to destroy the entire economy is not pretty. But as some of you begin your diatribe about Ryan, stop for a minute and consider the dem's ( obama ) plan. Woops, I forgot, they don't have a plan at all now do they. Why is that? Could it be that they are just stupid and willing to let SS and medicade destroy themselves. I mean afterall, no one disputes the apparent fact that the programs will self destruct in about 8 to ten years. Oh, I get it, Obama doesn't give a shit what happens then and neither do the dems. They are perfectly content to ignore the issue and thus not put anything out there for folks to criticize since their only objective is to get re-elected. To hell with the country, the self destructing programs, and anything else that won't actually happen in the next four years. Let it ride and let somebody else deal with it down the road. What a bunch of self serving cowards. Whatever might be objectionable with Ryan's so called plan, at least he has a plan which he is brave enough to put forward for the greater good. A plan I might add which many seem to think is likely to save the very programs that the dems would have you believe they support. Is there anything the dems won't lie about to get elected?
I mean honestly, can anyone here think of any site less objective. I would rather read quotes from The Onion, at least they don't try to pass themselves off as a real news site. and they are only marginally less outrageous than the Daily Kook, I guess they should try harder.
ng, you're still a loon IMO, but on this thread at least, you seem to be the only voice of reason.
does'nt back up his assertion.
He says the Ryan budget and Obama budget are virtually the same. But when you go to the 'virtual analysis" provided in his link you'll see that with the exception of SS, Ryan's budget is different from obama's by every metric. drrrr.
The whole point of the OP is that prior to Ryan being nominated, there were prominent Democrats
who considered Ryan an honest guy. Bowles was in the Clinton White House, now according to willy (guffaw guffaw) Bowles is a kook.
ng, you're still a loon IMO, but on this thread at least, you seem to be the only voice of reason.
but yes you are correct, I was referring to his last post about BOTH parties being the problem, and that lefties parroting CNBC are every bit as bad as righties quoting FOX.
As for his earlier post and link, I gave up clicking on NG's links a long time ago. He might be right about both parties being at fault, but he's still a kook. lmao
...I couldn't wait for Laffy and the Space Cadet to get in a debate. Is there any way we can give them both shrooms and rabies, just to see what happens?
while i'm being a pain in the ass,
what's really other worldly is willy calling bowles the dem a kook but posting links of david stockman...you remeber who he worked for.....yeah, the evil ronnie raygun. how fucking weird is that?
and to think I've spent most of the last couple of years trying to hit you with a fucking brick .rofl
Tell me about Obama's plan. Let's compare if you dare? It's pretty easy to take shots at someone else's plan, but at least they have one. So come on Mr. Laffy.... let's hear about the plan that makes your legs tingle if you have the guts?
I figured you'd cop out... when push comes to shove, you ain't got nothing to say. Apparently no original thought in your liberal brainwashed head. If some liberal hack ain't said it, you don't know what to say. Sorry you couldn't accept the challenge and tell me all about your guy, but I'm not surprised. Come back when you have something intelligent to say... meanwhile, enjoy sucking the dicks of your liberal media friends.
http://www.youtube.com/watch?v=C6jrwzYGUoA
Would somebody please Chad Johnson her? Can I use that as a verb? There is only about 3 guys on this board who will immediately know. It's a fucking joke before the progressive wing screams I'm a misogynist. I just really really despise little old Debbie.
Now braveheart, show me Mr. Obama's plan. Show me a period prior to the depression where the economy was worst. Show me a time in history when deficits were worse than now. Show me a time in history when medical expenses were greater than now. Show me a time in history when social welfare plans such as social security, medicaide, or employment were worse? As a matter of fact, show me one stinking think about the life of American's that is better than it was under past administrations. I know you'll have difficulty with this, but here's a suggestion. Tell us about the wonderful programs Obama has supported such as selling guns to drug cartels who then kill American's with those guns and no one in government has to answer for that? Or maybe you'd like to tell me about Obama's plan to raise the tax rates for business to levels higher than just about any other country on the planet. You've already posted two or three times to my original challenge and not once have you quoted one stinking thing your guy proposes to do better than what the repubs say they will do. Your guy hides like a coward proposing nothing but maintains his church like preaching with no detail whatsoever just more touch feely BS like he did last time around. Stupidity is doing same thing over and expect a different outcome...
We all know that Daffy is neither going to "put up" or even less likely "shut up", he is just some annoying backround noise that we have to put up with in order to be here. Kind of like the annoying kid that a client brings to a business meeting.
On a more positive note, I am coming through Atlanta tonight, a few of us are having drinks. Care to join?
Hey welcome back to town... if I don't get stuck working late, I'd love to... drop me a PM with details.... cheers
and few other tools here is a waste of fucking time.