Quote:
Originally Posted by Villages Kahuna
There's been lots of support expressed for the recently-released proposed budget by Paul Ryan. Loud support for his proposals are often accompanied for loud expressions of outrage and disgust for the President's proposed budget. Maybe an examination of both proposals might reveal the differences. - Both budgets achieve about the same tepid levels of deficit reductions.
- Neither proposal suggests any real spending cuts to entitlement programs.
- The Ryan budget "takes back" the defense spending cuts previously agreed to by the GOP as part of the agreement to form the super committee, actually increasing defense spending by $600 billion.
- Both budgets address only the 12% of federal spending categorized as "discretionary domestic spending".
- The Ryan plan achieves it's results primarily with cuts to social programs and education to fund further tax decreases and increased defense spending. The POTUS budget also decreases business taxation, but increases taxes on the wealthiest Americans. The POTUS budget also cuts discretionary spending, but less deeply than the Ryan plan.
- Neither budget materially reduces the unsustainable rate of increase in the national debt.
So tell me, why are so many here so enthusiastic about the Ryan (GOP and Tea Party) proposal and denigrating of the POTUS plan? It seems to me that both proposals reflect what has always been he case-- both political parties are responsible for the deteriorating state of our fiscal condition. Neither party appears willing to address real solutions.
I guess we're just playing a waiting game until he Chinese tell us what we'll have to do. |
1, Obviously, based on the past three years, even the Democrats wont vote for ANY budget.....who needs a budget...just print more money.
2. I know you know this VK, whether you will admit it or not, but Ryans budget, albeit far from perfect, finally addresses those uncomforable issues that need to be addressed. As you have said many times over the years, we are heading to be another Greece without severe and hurting cuts. He had the nerve to actually address the never ending welfare state that we have begun.. It has already started in the states and will continue to get worse.
Somebody has to be a big boy adult and try to address what is happening here and begin conversation, but thus far, as expected..nothing but ridicule. You might hope for LEADERSHIP, but not only does it not exist in the WH but also in congress.
The day is coming when we need to address this and while you worshipers of this WH can rant and rave all you want....you will declare how another war has been declared..this will be the Republicans war on the poor of course (lots of wars arent there ?)...you will say how insensitive....but this President decided to ignore his own "blue ribbon" panel, and I agree with you VK (at least in your past life) that we are approaching the end of line financially. This budget gave an opportunity to address the REAL UNCOMFORTABLE facts, but......