RYAN: A Study in Contrasts
Mollie Hemingway, Ed. ·
Apr 5, 2011 at 7:01am
This chart gives a quick side-by-side comparing Ryan's "Path to Prosperity" budget with President Obama's fiscal year 2012 budget. You can see how each plan addresses spending cuts, taxes, and the health care law, among other things.
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Nov '10
Re: RYAN: A Study in Contrasts
I think the part about the debt and deficit are the best parts. There's no pie in the sky "we're gonna have a pain free balanced budget next year!" [bovine excrement.] The problem with a lot of right-wing pundits is their insistence on principle without taking political reality into account. Ryan may not get things done as quickly as purists might like, but this plan is doable.
NRO's Kevin Williamson once said that the only way to eliminate the deficit without raising taxes is to cut the entire government by 1/3. Perhaps an admirable goal in theory, but not realistic by any stretch. Ryan seems (I admittedly haven't read the proposal itself) to have squared that circle by lengthening the time frame.
Nov '10
Re: RYAN: A Study in Contrasts
[Double Post]
Edited on Apr 7, 2011 at 2:43amOct '10
Re: RYAN: A Study in Contrasts
I heard a very good illustration on the local talk station a few weeks back that put the dollar amounts of the debt into perspective. It takes 12 days for 1 million seconds to elapse and it takes over 36,000 years for 1 trillion seconds to elapse.