Paul Ryan's Roadmap Out of Economic Doldrums

When Paul Krugman of the NY Times is blasting an economic plan, it is time to sit up and take notice.  Krugman lost credibility as a serious economist and thinker when he moaned that the stimulus didn't work because it was way too small. His strict ideological adherence to all things Keynesian, a failed economic model, only heightens my interest in Paul Ryan's "Roadmap". 

When Big Government Needs Direction, Find a Roadmap
by Peter Fotos on August 24, 2010
H/T to Somewhat Reasonable

Governing in the interest of the governed is a concept that hasn’t been practiced in Washington, D.C. for a very long time. Seldom do Americans become part of a national debate on how to tackle the most pressing issues facing our federal government. Entitlement spending is, perhaps, the biggest problem facing our country. Social Security, Medicare, and Medicaid are are strapping this and future generations enormous unfunded liabilities and debt that will be next to impossible to contain unless we act fast. Luckily, there are people like Congressman Paul Ryan of Wisconsin.

Mr. Ryan’s “Roadmap” plan (www.americanroadmap.org) has received considerable attention lately from both sides of the aisle. The plan ambitiously works to reform our health care policy, tax policy, and Medicare and Social Security. Serious deficit hawks on both sides of the aisle have lauded the plan as a step forward in a deeply partisan debate. But it should come as no surprise that shameless liberals like Paul Krugman of the New York Times are incapable of engaging in a civilized conversation about the future of our country. Instead, he used his column in the New York Times to insult Congressman Ryan and his plan:

Mr. Ryan has become the Republican Party’s poster child for new ideas thanks to his “Roadmap for America’s Future,” a plan for a major overhaul of federal spending and taxes. News media coverage has been overwhelmingly favorable; on Monday, The Washington Post put a glowing profile of Mr. Ryan on its front page, portraying him as the G.O.P.’s fiscal conscience. He’s often described with phrases like “intellectually audacious.”

But it’s the audacity of dopes. Mr. Ryan isn’t offering fresh food for thought; he’s serving up leftovers from the 1990s, drenched in flimflam sauce.

Krugman finishes his tirade with:

The Ryan plan is a fraud that makes no useful contribution to the debate over America’s fiscal future.

No useful contribution to the debate? Really?

Read More >

Enhanced by Zemanta

No comments:

Post a Comment