Monday, April 9, 2012

Paul Ryan's Path to Bad Math.

The most blunt, and respected, criticism of Paul Ryan's latest budgetary stake through the heart of America.
Dean Baker, co-director of the Center for Economic and Policy Research in Washington, D.C.:
The Ryan plan also hugely cuts non-entitlement spending. By 2050 it essentially eliminates all spending on items other than Social Security, health care and defense. By the end of the 10-year budget horizon most of the areas that we think of as the domain of the federal government (e.g. federal highways and airports, federal courts and law enforcement, drug research and safety, the State Department and Justice Department) will be cut by around 50 percent under the Ryan plan. The Ryan budget is proving to be a wonderful Rorschach test. We have people who want to be part of the inside Washington conversation who praise the budget's courage and integrity. Then we have people who believe in arithmetic who call it what it is: a piece of trash. 

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