Paul Ryan budget seeks Ayn Rand’s America

“The reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand.”

– U.S. Rep. Paul Ryan

“Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns–or dollars. Take your choice–there is no other.”

― Ayn Rand, Atlas Shrugged

The U.S. House passed Paul Ryan’s proposed budget this week, a budget that slashes almost every conceivable program that protects the vulnerable among us — Medicare, Medicaid, food stamps, college loans, education support, etc. — in order to finance large tax cuts for the wealthy. The country that such a budget document would produce would be a cold and callous place, a description that an Ayn Rand acolyte such as Ryan would probably embrace as praise.

Every House Democrat as well as 10 Republicans voted against the bill.

Despite Ryan’s claims to the contrary, it is not a budget driven by concern about the debt and deficit. No budget that cuts taxes and thus revenue by trillions of dollars — including by dropping the top tax rate from 35 to 25 percent — can be said to be motivated by fiscal prudence. Quite the contrary. Let’s talk bluntly: The goal of the Ryan budget is to cut the poor, the weak, the young, the sick and the elderly adrift from federal support in order to save money for the wealthy.

In comments earlier this week, the supposed spending-conscious Ryan also spoke out against proposals to cut defense spending. The cuts aren’t large — $487 billion spread over the next decade. Pentagon chiefs have testified that they can handle cuts of that magnitude, but Ryan rejects that claim. He opposes all proposed cuts to defense, he said, warning that “what I believe is, this budget does hollow out defense. I believe this budget goes beyond where we should go to keep people safe.”

For those who missed it, let me republish a chart I ran earlier:

defense


– Jay Bookman

305 comments Add your comment

Normal, Plain and Simple

March 30th, 2012
8:27 am

Paul Ryan has no soul.

massachusetts refugee thug

March 30th, 2012
8:28 am

ryan is just another sociapathic republican living in a fantasy world.

Peadawg

March 30th, 2012
8:28 am

Ryan’s budget, as far as the cuts go, is fine. Big cuts are needed. But he loses credibility when he cuts revenue as well.

This + Republicans refusal to cut oil subsidies – wow. What a week.

Joseph

March 30th, 2012
8:31 am

Just as Barrack Obama’s budget seeks Alinsky, Mao, and Castro’s America….

Steve - USA (I support "None Of The Above")

March 30th, 2012
8:31 am

“Show me your plan” ~ John Lennon

ty webb

March 30th, 2012
8:34 am

“Let’s talk bluntly: The goal of the Ryan budget is to cut the poor, the weak, the young, the sick and the elderly adrift from federal support in order to save money for the wealthy.”

“bluntly” in this instance, being synonymous with “highly partisan” of course…oh, and you forgot to include minorities, Jay.

mona Lawrence

March 30th, 2012
8:35 am

It is sooo very true. It is so strange that people don’t see how unvirtues this kind o goverment selfishness is.I mean supposed christians don’t see it. Or do they???

JohnnyReb

March 30th, 2012
8:35 am

“The goal of the Ryan budget is to cut the poor, the weak, the young, the sick and the elderly adrift from federal support in order to save money for the wealthy.”

Jay, that’s hyperbole and you know it.

How about the chart that shows the debt under the Obama budget ascending into the heavens like a rocket?

Mick

March 30th, 2012
8:35 am

Ayn rand collecting social security and extending her life by medicare. If that ain’t the ultimate hypocrisy, I don’t know what is?
Paul ryan, pathetic standard bearer of the new breed of americans, pity the future if they get control…

Jay

March 30th, 2012
8:36 am

Call that description “partisan” if you wish, Ty.

What you cannot call it is inaccurate. That is precisely what his budget proposes to do.

Joseph

March 30th, 2012
8:36 am

At least Ryans budget passed. Obama’s budget didn’t even muster a single yes vote. That is just another example of how far out of the main stream Obama is when he can’t even get support from his own party.

JamVet

March 30th, 2012
8:37 am

This + Republicans refusal to cut oil subsidies – wow. What a week.

This self-destructive GOP is, by degrees of magnitude, far more dangerous to American families and their futures, than all of the terrorists put together.

jconservative

March 30th, 2012
8:37 am

The Ryan Plan, and all others I have seen from Congress and all White Houses, does not end deficit spending and pay off the $16 trillion National Debt. Any proposal that does not do these two minimum things is just playing make believe.

The Preisdent’s budget was dead on arrival at the House.

The House budget is dead on arrival at the Senate.

The Senate will pass a budget that will be dead on arrival at the House.

But, it is an election year.

Wait till next year!

carlosgvv

March 30th, 2012
8:37 am

Republicans have reached a point where they openly go after the poor, sick, young and eldery in order to help the rich get even richer. I know the Republican electorate has dumbed down but it’s hard to believe they have reached the point where this kind of political behavior is not only tolerated but encouraged. Why support politicians who have nothing but compempt for you?

Wade Hampton

March 30th, 2012
8:39 am

Having a statist cretin like Paul Ryan espouse Ayn Rand is almost as sickening as having a statist cretin like Obama lecturing other countries about civil rights.
.
Just ignore the fools.

ty webb

March 30th, 2012
8:39 am

“Ayn rand collecting social security and extending her life by medicare. If that ain’t the ultimate hypocrisy, I don’t know what is?”

yeah, cause it’s so “hypocritical” to take back money that’s been taken from you for years…without interest. You’re right, “you don’t know what is”.

Joseph

March 30th, 2012
8:40 am

Would you like to talk about facts Jay? Obama cut $500 billion from Medicare! He could care less about old people but he dosen’t mind funding abortions to kill babies…..

Joseph

March 30th, 2012
8:42 am

jconservative:

The Senate hasn’t passed a budget in over a thousand days. Harriot Reid don’t want to take responsibillty for a budget so you won’t see one…..

JamVet

March 30th, 2012
8:43 am

I know the Republican electorate has dumbed down…

Is there such a phrase as insaned down?

At least the rubes know how to spell Mao. As for knowing the very first thing about him, the history of his ideology and making some adult, intelligent direct comparison with our government and president?

Too funny…

JohnnyReb

March 30th, 2012
8:44 am

The tax rate cuts are accompanied by elimination of deductions and loop holes – it’s not a plain gimme as Jay insinuates.

Plus, obviously Liberals still don’t get it. Do middle income and below have enough disposable income to boost the economy? No. High earners do. If they keep more of their earned money they will either invest or spend it. Even is they bank it, the banks will make more loans, businesses will grow, hire more people, et al. The end result will be more revenue into the tax coffers. Everyone’s boat lifts.

ty webb

March 30th, 2012
8:44 am

sure Jay, and in the immortal words of debbie wasserman shultz…”as you know it”

Steve

March 30th, 2012
8:46 am

The GOP has clearly had an agenda of propping up the rich and starving the government since the 1980s. So, folks, how well has that worked out for 99.5% of us so far? We now have to have dual incomes to survive, we are in major debt, and the ranks of the poor are swelling as the middle class shrink. But hey, CEO are making billions!! woot woot!

Adam

March 30th, 2012
8:46 am

This plan is so stupid. Cut taxes for high earners, raise them for lower earners, and cut medicare, medicaid, Pell grants, student loans, education, etc….

I mean, what Paul Ryan is basically saying is don’t give the poor any money, because of a false ideological concept that giving people money makes them necessarily lazy and that taking that money away makes people necessarily work harder to be more productive.

Sorry, but the entire mass of the poor in this country are not children. They aren’t going to respond like that just because you’re trying to play Big Daddy Government Tough Love.

Adam

March 30th, 2012
8:48 am

Of course the funniest part about all of this is Politifact getting all butthurt that the Republicans are using their “Lie of the Year” improperly: http://www.politifact.com/truth-o-meter/article/2012/mar/29/want-invoke-our-lie-year-get-it-right/

You had it coming Politifact.

massachusetts refugee thug

March 30th, 2012
8:48 am

and johnny reb continues to suckle on the trickle down kool-aid.

Stonethrower

March 30th, 2012
8:49 am

Trickle down eh JohnnyReb?

carlosgvv

March 30th, 2012
8:49 am

Joseph

Are you aware that 15 to 20% of all pregnacies end in miscarriage? Do you believe that God knows when a sparrow falls to the ground, as the Bible says? If so, then you must believe God stands by and does nothing while millions of pregnacies end in miscarriage every year. If God approves of spontaneous abortions, is He guilty of murder?

Jm

March 30th, 2012
8:50 am

So much for Jay being willing to cut entitlements.

stands for decibels

March 30th, 2012
8:50 am

10 Republicans voted against the bill.

Just not mean and nasty enough for them, or are these that dying breed of somewhat rational republicans we’re talking about here?

.

.

(I know, my google’s not broken, and I’m just taking a cheap shot.)

Jay

March 30th, 2012
8:51 am

Do middle income and below have enough disposable income to boost the economy? No. High earners do. If they keep more of their earned money they will either invest or spend it. Even is they bank it, the banks will make more loans, businesses will grow, hire more people, et al. The end result will be more revenue into the tax coffers. Everyone’s boat lifts.

JohnnyReb, that foolish theory was put to the test under George W. Bush. How’d that work out for everybody?

JamVet

March 30th, 2012
8:52 am

Reb, trickle down???

Really???

Gargantuan and growing gaps between the haves and have nots in America. FLAT-LINED wages for nearly 80% of American working families. Record bankruptcies, massive unemployment and even bigger underemployment.

The CEO of ExxonMobil, ConocoPhillips, or Chevron. has more has more income than the total combined income of all the residents of Issaquena County, Mississippi.

Talk about servile rubes that elect these Republicans!!

That deranged Ronnie theory is a farce. For thirty years it has been proven to be a laughable failure.

And the joke is on you. And by terrible, proxy me and millions of other rational middle class Americans…

ty webb

March 30th, 2012
8:52 am

“If God approves of spontaneous abortions,…”

don’t know about that, but what about “spontaneous appendectomy’s”?

Jm

March 30th, 2012
8:53 am

Jay hyperbole: cut the poor adrift to save money for the wealthy

What Pure BS (copyright Brocephus)

The goal is prosperity for all.

Our poor are fat. We don’t need to spend more taxpayer money on the poor and education, we need to spend it smarter and we can spend less too.

David

March 30th, 2012
8:53 am

Out of one mouth, they say we’re a Christian country, and out of the other, they rob the poor to help the rich.

stands for decibels

March 30th, 2012
8:53 am

What I loved about this abortion of a budget is that the Goopers intend to sally forth and campaign into the summer on a platform of fcrewing people over and watching them die.

I know there are a lot of stupid people out there willing to fall on a sword so some rich a-hole can prosper, but there can’t be THAT many

Granny Godzilla - Union Thugette

March 30th, 2012
8:53 am

Jm

March 30th, 2012
8:54 am

Ryan’s proposal is the only game in town since Obama is ok with letting America go over the cliff

JohnnyReb

March 30th, 2012
8:54 am

All you libs know how to do is complain. Not one of you from Obama down have a solution. Your own party in Congress won’t even vote on Obama’s budget. Harry defies the law and wont’ allow a vote on the budget in the Senate. Legacy media including Jay uses Hyperbole and distortion with one goal in mind – keeping Barry in the White House. Democratic policies have not solved the problem of the poor since LBJ’s disaster. Study after study has shown you could tax the rich till they are poor and it won’t solve the problem.

Do you have anything that works?

stands for decibels

March 30th, 2012
8:54 am

The goal is prosperity for all.

Your goal is to turn the richest, most powerful country ever on earth into a feudal sh-thole.

Bhorsoft

March 30th, 2012
8:55 am

10 Republicans voted against the bill.

10 Republican who won’t be re-elected…

TruthBe

March 30th, 2012
8:56 am

Jay Bookman you are a liar and a perverted mouthpiece for the DNC. All you do is what Media Matters and George Soros tells you what to write and do. Must be that Penn State child behavior up your a$$ behavior by your teachers and Coaches that gave you that a$$ing kissing brown noise behavior. Nittamy Lions are inbreed perverts that kiss a$$ for their democrat plantation masters. Jay you are top of the class roll with this behavior. Does your wife know about your Nittamy educationional experiences?

Butch Cassidy

March 30th, 2012
8:56 am

I wonder what Ryans budget would look like if he was not guaranteed a lifetime of federally funded benefits and pensions and was required to forfeit any profits from speaking engagements while in office, and would only be able to serve a maximum of 4 years before having to return to the private sector to earn a living?

Steve

March 30th, 2012
8:56 am

Jm one can be fat from eating garbage, but be unhealthy. And yes, there are children going hungry in America despite the fact that most of us are overweight.

If we were a prosperous country, we’d be able to afford healthier (more expensive) foods (fruits/veggies).

Becky

March 30th, 2012
8:57 am

Jeebus Granny-you could have warned us there would be pictures!!!! My eyes my eyes.

JamVet

March 30th, 2012
8:57 am

Reb, I truly would love to hear your explanation concerning the success of trickle down economics in America since the 1980s.

Steve

March 30th, 2012
8:57 am

One word – PLUTOCRACY.

barking frog

March 30th, 2012
8:57 am

Rand wrote fantasy,
Ryan lives it.

Jm

March 30th, 2012
8:57 am

Sfd

Feudal eh? Maybe you should read up on history.

Stonethrower

March 30th, 2012
8:57 am

Do you have anything that works?

It’s obvious that trickle down doesn’t work but you’ll stick to that theory and drive the car off a cliff!

HDB

March 30th, 2012
8:57 am

JohnnyReb
March 30th, 2012
8:44 am
“Do middle income and below have enough disposable income to boost the economy? No. High earners do. If they keep more of their earned money they will either invest or spend it. Even is they bank it, the banks will make more loans, businesses will grow, hire more people, et al. The end result will be more revenue into the tax coffers. Everyone’s boat lifts.”

REALLY? Then why did the markets almost IMPLODE under Bush if the high earners were spending? Why did the banks need to be bailed out if the high earners were banking their income? Why aren’t the banks LENDING money if the high earners are banking their income?? Since the high earners have more disposable income, why aren’t they SPENDING it??

It’s not the wealthy that keep the economy growing…it’s the middle class….and an expanded middle class is what’s needed now! The only way to expand the middle class is that the wealthy have to unleash their tyrannical hold on wealth….allow the middle class to grow…. the money will CIRCULATE…and ALL will rise!!

George P Burdell

March 30th, 2012
8:59 am

Mr. Bookman, it not clear to me as to why you ascribe Paul Ryan, the House budget and other issues with conservatives to Ayn Rand. There is nothing in Ayn Rand’s works that would “cut the poor, the weak, the young, the sick and the elderly adrift from federal support in order to save money for the wealthy.” If you want to criticize Ayn Rand, then please at least show that you have read and understand her work. Her work does not contain the moral judgements that you ascribe to Paul Ryan.

Becky

March 30th, 2012
8:59 am

HDB_best post of the day!!

Jm

March 30th, 2012
8:59 am

Steve
I agree that our poor should be healthier. When a bipartisan group proposed to eliminate junk food and soda’s from qualification for food stamps, advocates for the poor objected because it would “stigmatize” them.

Pure BS.

Moderate Line

March 30th, 2012
9:00 am

I believe Jay is right. The budget is great for theatrics but not much anything else. However, Obama’s budget is a Louis XVI budget and we all know what happen to him the French monarchy. since Obama has been in office expenditures are up and revenue is down. During the Clinton administration Revenue never exceed 20.6%. Our current spending is 24.1.

Year Revenue/Expenditure/Deficit
2000 20.6 18.2 2.4
2001 19.5 18.2 1.3
2002 17.6 19.1 -1.5
2003 16.2 19.7 -3.4
2004 16.1 19.6 -3.5
2005 17.3 19.9 -2.6
2006 18.2 20.1 -1.9
2007 18.5 19.7 -1.2
2008 17.6 20.8 -3.2
2009 15.1 25.2 -10.1
2010 15.1 24.1 -9.0
2011 15.4 24.1 -8.7

10 Biggest Budget Deficit. The first year of a presidents terms you can always say maybe the predecessor should be blame but we haven’t seen much improvement.

2009 15.1 25.2 -10.1 Obama
2010 15.1 24.1 -9.0 Obama
2011 15.4 24.1 -8.7 Obama
1983 17.5 23.5 -6.0 Reagan
1985 17.7 22.8 -5.1 Reagan
1986 17.5 22.5 -5.0 Reagan
1984 17.3 22.2 -4.8 Reagan
1992 17.5 22.1 -4.7 Bush I
1991 17.8 22.3 -4.5 Bush I
1976 17.1 21.4 -4.2 Ford

Jimmy62

March 30th, 2012
9:00 am

Maybe you should mention that everyone, including Democrats, voted against Obama’s budget.

Joseph

March 30th, 2012
9:00 am

When will the far left stop beating a dead horse? That helping the rich and hurting the poor spew has gotten really old… Americans are not buying it anymore… Just look at the latest generic ballot poll and how voters are swarming to the Republican Party…. Thankfully the Senate will certainly be in good hands next year….

http://www.realclearpolitics.com/epolls/other/generic_congressional_vote-2170.html

JamVet

March 30th, 2012
9:00 am

The goal is prosperity for all.

To call that sophist crap is an insult to both sophistry and feces.

What in the wide wide world of sports happened to these Republicans???

Moderate Line

March 30th, 2012
9:01 am

Moderate Line
March 30th, 2012
9:00 am

From the OMB tables.

Jay

March 30th, 2012
9:03 am

Really George?

“If any civilization is to survive, it is the morality of altruism that men have to reject.”
– Ayn Rand

JohnnyReb

March 30th, 2012
9:03 am

Ryan’s budget may not be perfect. What it does do, is put forth a clear distinction between Obama turning us into a failing socialist nation or continuing with the free market and capitalisim that has produced the most prosperous nation the earth has known.

Libs want big government to solve everything. It won’t happen. Just look at the numerous messes Obamacare has created. Look at the deficit with little to show for it.

All the whinning you libs do here everyday – take that energy and do something to better yourself.

Jm

March 30th, 2012
9:03 am

Moderate Line you are correct

Obama is the pink slime President.

His ag secretary has been defending pink slime in recent weeks too.

Granny Godzilla - Union Thugette

March 30th, 2012
9:04 am

Butch Cassidy

March 30th, 2012
9:04 am

While I appreciate the Paul Ryan looking after the interests of folks like me, I still think that there needs to be a balance between revenues and reductions. On a better note, took the new Can Am for a spin last night. If you have the means, I highly reccomend picking one up. :)

Jm

March 30th, 2012
9:04 am

JohnnyReb 9:03

Very good call

Thomas

March 30th, 2012
9:05 am

The only way to expand the middle class is that the wealthy have to unleash their tyrannical hold on wealth

Yeah- let the beheadings begin!!!!

I think we should all gather in a park- defacate everywhere, burn cop cars, do drugs, we will call that the occupy movement- we whill show them.

Or- how about the Dems put together and pass a budget-

TaxPayer

March 30th, 2012
9:05 am

So! Republicans. Ryan’s 2013 re-hash of his 2012 yellowbrick roadmap is only 215 pages. Surely you all have managed that amount of reading and are prepared to discuss its content with us uninformed. Let’s start with some easy stuff. How much will the Ryan plan reduce the debt and deficit per year? Come on now. Don’t be shy. We’ll get to the hard questions later.

JohnnyReb

March 30th, 2012
9:06 am

TruthBe @ 8:56 – I don’t agree with Jay’s politics, and he sometimes pi$$es me off. But your attack is uncalled for and out of bounds.

JamVet

March 30th, 2012
9:06 am

Libs want big government to solve everything.

Reb, if you ever had to make an argument without juvenile slogans, red herrings, ad hominens, and endless logical fallacies you would have nothing to write.

Now, since you continue to promote it, please do explain to me how trickle down economics has buoyed the American middle class over the past thirty years, OK?

Specifics only, no slogans…

kitty

March 30th, 2012
9:07 am

Even Henry Ford knew he needed a middle class that earned enough to be able to buy his product in enough numbers to keep his business afloat. Destroy the middle class and down goes America and that is exactly what the GOP is trying to do.

Then there is the hypocrisy about the US being a Christian country but the GOP wants it to go back to where children died of disease and starvation if you look at the cuts they are proposing. Wow, wonder what Jesus would think of that. When will people that vote for these heartless dingleberries because they say they are “christians” will actually learn. Sad Americans are so dang stupid!!!

BNL

March 30th, 2012
9:07 am

Obama: if I had a quadrillion dollars I’d spend it on all of you, but I’m not sure where to get it since we’re broke.

I’ve already handed out all the trillions that I can. So now I’m looking for quadrillions. Help a brother out?

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 30th, 2012
9:07 am

There’s the book, and there’s the book cover. Conservatives can’t get past complaining about the book cover. They never get around to reading between the covers.

That’s what you learn from Fox News and talk radio.

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 30th, 2012
9:08 am

Right on, kitty!

JamVet

March 30th, 2012
9:09 am

BTW, Reb, good job on denouncing that childish, insult filled post at 8:56.

That blogger has some enormous “issues”!

Granny Godzilla - Union Thugette

March 30th, 2012
9:09 am

Anybody wanna’ bet that truthbe @ 8:56 is a cry for help from a
young man who was probably manhandled himself?

Truthbe…get help.

You can be whole again.

Butch Cassidy

March 30th, 2012
9:11 am

JamVet – “BTW, Reb, good job on denouncing that childish, insult filled post at 8:56.”

Kudos from me as well. TruthBe just vaulted off the deep end with that rant.

carlosgvv

March 30th, 2012
9:11 am

Granny – 9:04

Sometimes a picture really is worth a thousand words.

1,756 more days (Obama) + 2,920 more days (Hilary) formerly known as Soothsayer

March 30th, 2012
9:11 am

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 30th, 2012
9:12 am

Just look at the numerous messes Obamacare has created.

Got a list for us? Maybe a link?

Jm

March 30th, 2012
9:13 am

Butch, you going to the NY auto show?

New Lincoln MKZ looks pretty cool. Might actually make me want to buy an American car. :)

Jefferson

March 30th, 2012
9:13 am

The GOP led house is a failure.

Road Scholar

March 30th, 2012
9:13 am

Can someone tell me what present deductions are proposed to be ended by Ryan’s proposed budget? Johnny Reb?

Can someone tell me how much the deficit has gone down, or how much tax collections have increased under the trickle down process?

JohnnyReb

March 30th, 2012
9:14 am

Capitalisim with it’s trickle down is not perfect, but look at the alternatives. They have all been tried in the past in other Nations. Did they work? No. What happened. The people literally starved and the government slaughtered them by the millions. Far fetche? No, it’s history.

Look at today in Europe. Countries with policies similar to what Libs would put into effect are failing left and right.

It’s time for the Left to realize there will be poor people. There will be mildly to tremendouslly successful people. Be glad you live in a Nation of the free where what you have inside determines how far up the pole you climb.

I have work to do. Bye for now.

Joseph

March 30th, 2012
9:14 am

Republicans love the rich and hate the poor!!! Republicans love the rich and hate the poor!!! Republicans love the rich and hate the poor!!! Republicans love the rich and hate the poor!!!

If liberals say that over and over in their head soon they will soon beleive it…..

TaxPayer

March 30th, 2012
9:14 am

But if Ryan has his way, the Republican bedroom monitors will have to be funded by the DoD!

Joseph

March 30th, 2012
9:15 am

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

http://www.heritage.org/research/projects/impact-of-obamacare

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 30th, 2012
9:16 am

Not one of you from Obama down have a solution.

Ummm, Affordable Care Act is a solution.
Removing the middlemen from the student financial aid programs is a solution.
Removing Don’t Ask Don’t tell is a solution

They just aren’t solutions you like.

ByteMe - economics goon

March 30th, 2012
9:16 am

Ok, for all those trickle-downers out there, here’s how it really works.

70% of GDP comes from consumer spending. That’s a fact and you’ve seen the number before and can’t refute it.

Who comprises that 70% of consumer spending? Not the 1%, since there aren’t enough of them to move the needle. It’s the spending patterns of the 99% that drive consumer spending.

Consumer spending means jobs, because if you have demand, supply (which takes jobs to create) will follow it wherever it goes. The same can’t be said for supply… demand does not follow it until it’s priced properly, and sometimes not even then.

Now who spends more of their income, the 1% or the 99%? That’s easy: the 99% of course, since they don’t have as much, the percentage of what they spend is obviously going to be higher.

So… giving money to the supply side and the 1% people doesn’t work to improve the economy. Only by making sure that the 99% consumers keep spending their money can the economy continue to grow.

Here’s where I can feel that some of you will go for hyperbole and ask “well why not just give all the poor people money?” Well, your current position is that you just want to give rich people money. True, there are fewer rich people, but that doesn’t make your position smarter. Or create more jobs.

TaxPayer

March 30th, 2012
9:16 am

Is there a Republican in the house that can present a factual detailed accounting of the content of Paul Ryan’s budget proposal.

Joseph

March 30th, 2012
9:16 am

Jefferson:

As is the dem lead Senate and Whitehouse….

ByteMe - economics goon

March 30th, 2012
9:18 am

BTW, Jay, you might want to make it clearer for some folks that the $487 billion was for TEN years and the chart is for a single year. Spread out, we’re talking less than $50 billion per year lopped off a $700 billion military budget. And Ryan and most Republicans think that’s untenable for some non-defense-related reason.

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 30th, 2012
9:18 am

LOL, Heritage Foundation? Heritage Foundation wrote the book on Obamacare – they set out the blueprint used by Mitt in Massachusetts. They didn’t disown it until Democrats took a shine to it.

hehehehehe

Jm

March 30th, 2012
9:18 am

At least republicans passed a budget, unlike the democrats

St Simons - we're on Island time

March 30th, 2012
9:19 am

congratulations, 3 posts before bu…bu….bu…Obama

Youtube some of those 50’s teevee appearances by Ayn Rand. What’s
ironic (meaning cons won’t get it) is that she was put on teevee back
then in response to criticism of the 50’s monsters being too over the top
right wing. “See? SEE? Oh, we’re not right wing. You wanna SEE right
wing nut, just look at THIS chick—>Ayn Rand. We’re reasonable by
comparison.”
I think this absence of the gene for Irony will ultimately be the reason
history records the Whigs’ extinction.

but hey, if you’re goin out, go out with a bang, like the dinosaurs.

Adam

March 30th, 2012
9:19 am

“Everyone’s boat lifts” requires that everyone have a boat. A rising tide also drowns people. Just sayin’

ByteMe - economics goon

March 30th, 2012
9:19 am

Countries with policies similar to what Libs would put into effect are failing left and right.

Sweden’s doing great. Germany’s doing outstanding. Switzerland is doing nicely, as is Finland.

The countries that are failing are the ones that have a history of defaulting on their debts and not collecting enough tax revenue.

#FAIL

Doggone/GA

March 30th, 2012
9:19 am

Who buys more products in the aggragate? One millionaire who spends a million dollars, or 10,000 people who spend $100?

1,756 more days (Obama) + 2,920 more days (Hilary) formerly known as Soothsayer

March 30th, 2012
9:20 am

Adam

March 30th, 2012
9:20 am

“Damn conservatives” – Ayn Rand

TaxPayer

March 30th, 2012
9:20 am

Joseph has pulled the Koch-funded Heritage Club for boy toys card. The same Heritage club that Paul Ryan relied on in his 2012 budget proposal that requires unemployment to drop to 2.8% in order for his tax cuts to pay for themselves. :lol: Click those heels together. No! Three times the charm! And remember, “there’s no place like home…”

Jm

March 30th, 2012
9:20 am

Byteme 9:16 wrong. The top 10% comprise 30% of consumer spending.

Finn. Wrong also. 2014 implementation will drive costs through the roof. You just haven’t seen obamacare in action yet.