Putting Out Fires With Gasoline
[Blogger’s note: The following is a penetrating glimpse of the obvious, at least to this readership. But consider this one more in the cataloque of facts useful for dealing with your wingnut contacts]
If you care about federal deficits,* then, of course, the Republican Party is the last one you want to trust with the budget.
Those of us with a capacity for memory better than that of goldfish may remember the simplest confirming instance: Bill Clinton raised taxes, created a surplus, and famously presided over peace and prosperity. George W. Bush (remember him ?– Mitt Romney doesn’t)…not so much.
But now, we are told, we have the new improved Republican Party, in which the very serious man of numbers and ideas, Paul Ryan, will lead us to fiscal sanity and the promised budgetary land of liberty-induced-prosperity.
Over to you, KThug:
So if we look at the actual policy proposals, they look like this:
Spending cuts: $1.7 trillion
Tax cuts: $4.3 trillion
This is, then, a plan that would increase the deficit by around $2.6 trillion. [over the first ten years]
How, then, does Ryan get to call himself a fiscal hawk? By asserting that he will keep his tax cuts revenue-neutral by broadening the base in ways he refuses to specify, and that he will make further large cuts in spending, in ways he refuses to specify.
And this is what passes inside the Beltway for serious thinking and a serious commitment to deficit reduction.
The Republican Party is not simply a bunch of kleptomaniac sociopaths; they really will gut the Untied States of America. They are the party of decline and fall. For Romney, read Romulus Augustulus.
Factio Grandaeva Delenda Est.
Image: Pierre-Paul Prud’hon, Innocence Preferring Love To Wealth, 1804.
*And one would be reasonable to do so, sort of, under some time horizon. But not in the midst of the Great Recession…