The Last Of The Millenniums

Just because it always has been, doesn't mean it always will be

Blog Running – ‘Paul Ryan is No Deficit Hawk’

 

Great stuff over at Wonk Wire –

‘Ezra Klein says there is a “misconception” about Rep. Paul Ryan’s (R-WI) policy goals: “He is not primarily interested in reducing the deficit or cutting federal spending. He has voted to increase deficits and expand government spending too many times for that to be the case. Rather, the common thread throughout his career is his desire to remake the basic architecture of the the federal government.”

“Take Ryan’s budget. It’s most famous for cutting entitlement programs, particularly Medicare. But that’s not primarily what it does… The truth is that the Ryan budget’s largest long-term savings don’t come from Medicaid or Medicare or Social Security, or even Medicaid and Medicare and Social Security put together. They come from everything else… Ryan is also known as having a deep allergy to debt. But such a concern isn’t evident in his voting record…”

“But the real north star of Ryan’s policy record isn’t deficits or spending, though he often uses those concerns in service of his agenda. It’s radically reforming the way the federal government provides public services, usually by privatizing or devolving those public services away from the federal government.”

‘Jonathan Chait points out that Ryan “spent the entire Bush administration either supporting the administration’s deficit-increasing policies, or proposing alternative policies that would have created much higher deficits than even Bush could stomach, but came away from it with a reputation as the ultimate champion of fiscal responsibility.”

‘Similarly, Paul Krugman says that “anyone who believes in Ryan’s carefully cultivated image as a brave, honest policy wonk has been snookered… he is, in fact, a big fraud, who doesn’t care at all about fiscal responsibility, and whose policy proposals are sloppy as well as dishonest. Of course, this means that he’ll fit in to the Romney campaign just fine.”

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