disneydude
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Reagan Budget Director: Paul Ryan
The former director of the Office of Management and Budget for the Reagan administration, David Stockman, blasts Paul Ryan's budget plan in a New York Times op-ed.
Stockman calls the budget an "empty conservative sermon" and "fairy tale" and says it will "do nothing to reverse the nation's economic decline and arrest its fiscal collapse."
Specifically, Stockman observes, Ryan's "phony" budget plan:
•Maintains Defense spending that is nearly twice the $400 billion (adjusted for today's dollars) that General Eisenhower spent in the 1960s
•Shreds the safety net provided by $100 billion in food stamps and $300 billion in Medicaid
•Does not cut one dime from Medicare or Social Security for another decade
•Includes no serious plan to create jobs
•Radically cuts taxes on the richest Americans while eliminating tax breaks that mostly help the middle class
•Fails to even consider a "value-added sales tax," which is the only way the country can begin to climb out of its budget hole
Its pretty bad when even Conservative Republicans call Ryan out on his radical "ideas". Proving once and again that the man that most Republicans love to embrace would never be able to get past the nomination in today's extremist GOP.
The former director of the Office of Management and Budget for the Reagan administration, David Stockman, blasts Paul Ryan's budget plan in a New York Times op-ed.
Stockman calls the budget an "empty conservative sermon" and "fairy tale" and says it will "do nothing to reverse the nation's economic decline and arrest its fiscal collapse."
Specifically, Stockman observes, Ryan's "phony" budget plan:
•Maintains Defense spending that is nearly twice the $400 billion (adjusted for today's dollars) that General Eisenhower spent in the 1960s
•Shreds the safety net provided by $100 billion in food stamps and $300 billion in Medicaid
•Does not cut one dime from Medicare or Social Security for another decade
•Includes no serious plan to create jobs
•Radically cuts taxes on the richest Americans while eliminating tax breaks that mostly help the middle class
•Fails to even consider a "value-added sales tax," which is the only way the country can begin to climb out of its budget hole
Its pretty bad when even Conservative Republicans call Ryan out on his radical "ideas". Proving once and again that the man that most Republicans love to embrace would never be able to get past the nomination in today's extremist GOP.
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