Wednesday, April 20, 2011

A Contrarian View on Ryan's Budget

This is NOT about Ryan's "pathway."

This is about the proposed budget which Ryan's House committee issued a couple of weeks ago, and it compares against Obama's budget proposal.

On the deficit, Ryan does OK (as does Obama) for a few years; starting in 2014, however, Obama's deficit numbers go up, while Ryan's remain about constant (!)

Obama wants to spend more on D of Defense than Ryan (!)

The Ryan budget proposal, unfortunately, simply gives up on the National Debt. By 2021, Obama's national debt will be $26.3Tn; Ryan's would be $23.1Tn.

This is "a difference"?

Maybe Ryan should muzzle the Old Bullshit Republicans on the Budget Committee and start all over again.

HT: Mish

1 comment:

Unknown said...

Not a bad idea. Start over.