James Galbraith: Republicans won the battle, now slaughtering the prisoners. Next target by Paul Ryan and tea party, under-appreciated, under the radar taxpayer supported Basics.

Chris Hayes goes after the phony economic wizardry of Rep. Paul Ryan. Keep in mind, Ryan’s Ayn Rand economics were paid for by taxpayers, via his families Social Security checks.

James Galbraith, author of The Predator State, says the cuts suggested by the Republican study group would have catastrophic social effects.