Wednesday, January 04, 2017

Is Paul Ryan Smoking Something Funny?

Maybe Paul Ryan should re-figure his figures.

[Hugh Hewitt]: Do you think we’re headed towards a Smoot-Hawley era?

[Paul Ryan]: No. No, we’re not going to be raising tariffs. We think tax reform is the better way of addressing imbalances, leveling the playing field without starting trade wars, without having the adverse effects that you get with protectionism or trade wars. We think leveling the playing field on taxes, reducing the cost on American businesses by reducing regulatory costs, health care costs, that’s the secret to making American businesses more competitive,...  --quoted at HotAir

Yes, Ryan has it (mostly) correct:  the tax and regulatory climate in the US is horrible; business naturally gravitates to less-expensive environs.

But Ryan's "solution"?  Incomplete.

Will Ryan & Co. eliminate the Fair Labor Standards Act which establishes the 40-hour workweek and overtime for more?  Will they eliminate or seriously cut back OSHA standards?  How about Social Security and the taxes which support it?  Will they simply eliminate pensions?

Does Paul Ryan expect "health-care costs" to go to zero by eliminating ObozoCare?  That would make it competitive with Communist China, after all--as would eliminating Social Security, OSHA, and even rudimentary EPA stuff (like keeping raw sewage out of rivers.)

Seriously, Paul??  What are you smoking in that gated compound of yours?

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