Fortune Magazine has a good article on Rep. Paul Ryan - a Congressman who recently arrived on the national stage with his articulate criticism of Obama's health care plans. The article discusses Ryan's economic plans to put America back on a sound - and sane - fiscal footing.:
Do read the whole article. Ryan, like Chris Christie, are people to watch as the Dems promise to lead us down an insane fiscal path - until 2012.What is the Ryan plan , and why is the Obama administration seemingly obsessed with it? Ryan calls his proposal, published in January, the Roadmap for America's Future. It's a remarkably comprehensive, daring manifesto that tackles every part of the budget on a presidential scale, from Social Security to tax policy to health-care reform.
The goal is to eliminate the deficit, and eventually all federal debt, without any crippling tax increases. Under Ryan's plan, for example, federal spending would reach just 24% of GDP in 2035 and then fall, vs. the CBO's projection of 34% and rising from there. Ryan would make the deficit disappear by mid-century. . . .
> why is the Obama administration seemingly obsessed with it?
ReplyDeleteI smell "Contract with America II"
Let's hope they KEEP to this one.
Either way, things will be better than with the current crop of neoKeynesian Dems --
"Hey, LOOK! A dollar we haven't spent! Quick, whose vote can we buy?"
If the goal was to solve the health care crisis - which is actually _not_ a health care crisis, but a problem of how to pay for first class health care for those who cannot afford it - it would be possible to solve it without going bankrupt.
ReplyDeleteThe problem is that the goal is actually to seize power. There is no alternative to that other than a form of revolution. I hope it will be a political revolution as you offer as a possiblity. I fear it will not be.