Thursday, April 26, 2012

Paul Ryan's logic.

The federal debt is the biggest threat to America evah!
“The overarching threat to our whole society today is the exploding federal debt,” Ryan said. 
Really? So why does his budget make it worse?
The crucial thing to understand about Ryan is that he is not a fiscal conservative. He’s a small-government conservative. These are very different things. The fastest-growing federal program in Ryan’s new budget is interest on the debt, which nearly triples from $234 billion next year to $614 billion in 2022. He doesn’t even pretend to balance the budget until 2040, and then only under utterly dubious assumptions.

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