No Ron Paul is part of the "its all about me" generation. For two
centuries, this country was founded on the principle of sacrifice for country -
even to the point of ones own life. We now live in an age of unmatched low
taxes. And yet this generation still feels they give too much.It
isn't about saving entitlements. It is about a generation that has gotten
theirs, their educations subsidized, their parents health care taken care of,
that now don't want to have to pay what others had to. They wanted to go
to war to secure access to affordable oil in the middle east, but now don't
want to pay the bill. They want to enjoy all the wealth and prosperity that was
driven by raw science funding in the Universities of the 60s, 70s, and 80s, that
don't want to pay forward so future generations enjoy those same
benefits.It is about being willing to abandon the promise made to
those who have worked 30 and 40 years, so that they can keep unreasonably low
taxes for themselves. It is about a selfish generation not willing to
sacrifice, or invest for the future.
To Royland Kayser and Winglish,You have assumed that just because the tax
rates are lowered, there will be less tax revenue. That would seem to be the
natural assumption, but it is wrong. Time after time after time, history shows
that lowering tax rates causes more tax revenue. This is because 1) lower rates
stimulate the economy, thus businesses do better and pay more taxes in total,
even if the rates are lower, and 2) people and businesses use tax shelters.
During high tax times, all that money goes into shelters and is not taxed. But
when rates are lowered, they move their money out of shelters where it is more
usable, and end up paying a bit of tax on it. Now that I have written this, I
went back and noticed that What in Tucket has basically said the same thing as I
did. So at least two of us understand. Anyway, I can’t believe how Obama
keeps saying how we need to cut the deficit, and promising to do it, and yet he
has added more to it than all other presidents combined. Talk about talking the
talk and not walking the walk.
1) Obama cut medicare for seniors RIGHT NOW by approximately 700 billion to
fund a third of Obama-care. 2) Ryan's plan, not Rooney's.
doesn't change medicare for all for people over 55 years old. Others
will have a choice between traditional medicare or an allotment of health care
money to spend as they see fit, not as the government dictates. 3)Seniors
should be worried about Obama cutting medicare so drastically NOW andIGNORE the outright lies about the Romney-Ryan plan.
The middle class and the poor shouldnt be the only ones to sacrifice..The very well off need to do their share too.Those among us who
would drain our treasury by going to war as we too often do needlessly at the
drop of a hat need to sacrifice their hawkish ambitions.Rather than
a huge military to defend world oil how about self sufficiency including
nuclear, wind and solar.
Schwa,"Why does he want to drastically expand military spending
at a time when we should be drastically reducing it?"It's a
matter of ideological priorities. Ryan, like many conservatives exempts military
spending from the conservative default philosophy about government spending
overall. But if it's funding for human services, education, etc., then
it's probably wasteful spending that's adding up the deficit and we
should find ways to reduce or eliminate it.
Why does he want to drastically expand military spending at a time when we
should be drastically reducing it?
@PatriotI'm a liberal, but i'm willing to admit that your right
in many of your points. Has Barack Obama boosted the economy, no not really, we
aren't loosing jobs, but we aren't really gaining ground either. He
isn't paying back our deficit. With that said, why should I trust the
republicans either? George Bush did such a great job balancing the budget.....or
not. The problem is the two parties America insists on reelecting seem to have
two platforms. One screams about fiscal responsibility, then when they are in
power they spend like there is no tomorrow(republicans). The other party makes
almost no mention of fiscal responsibility, then they spend like there is no
tomorrow when in power(Democrats). So stop acting like anything will change if
Mitt wins over Obama. Either one will spend us into oblivion.
SS has it's own tax and hasn't taken anything from the general fund.
It has 2.5 trillion in savings. So what is RYAN proposing? Cut SS
benefits and keep sucking the taxes away that are meant for that program? Yep.
You know what doesn't have it's own tax - the military.
Defense is sucking 1 trillion dollars a year total when we have a deficit of 1.2
trillion. There's the money.
we will never get serious solutions for our economy until Barack Hussin Obama is
out of office - along with Harry Reid being removed from the senate leadership.
Seriously folks - take a look at the last 4 years and all you see is borrow and
spend so what is going to change in the next 4 years? Same ole same ole. Obama
has ZERO experience with anything economic and we have all felt the fall out
from that since 2009. The man has no idea what he is doing AND he is a radical
socialist. This is just an ugly disaster for all of us.
The Chicago Tribune editorial has it wrong. It's not Paul Ryan forcing
American's to confront entitlement reform. It's the electorate in this
election forcing Ryan to confront the plans he has put forward over the years.
Ryan has had it easy preaching from within the safe bubble of right wing
politics that are friendly to him. In less than two days, the fault lines are
becoming visible.The far right is bellowing how we're finally
going to have a campaign of distinct ideas. But what we're seeing is the
beginning of a GOP strategy to make their reform agenda sound like something
other than what it is. By November, Paul Ryan is not going to seem like the same
man many thought he was.
Tax cuts can have a small stimulative effect when interest rates are high, and
there's a need for more investment capital. They would have no effect now,
with interests rates low and investment capital essentially unlimited.
@ What in Tucket?Reagan is not a good example. Under Jimmy Carter
the country created more jobs on annual basis than By the way the upper 1
percent has over 35 percent of the wealth in this country. 50 years ago one
percent had perhaps 20 percent of the wealth and they paid a greater percentage
of their income in taxes. So who has benefits from these contrasts in tax
policies? Not a real tough question.
@What in Tucket?I've heard of the Laffer curve but you know it's
a curve so... how do you know we're on the right side of the curve (where
higher taxes means no more or less revenue)? The non-paritsan CBO and economists
put us on the left side of the Laffer curve, where tax cuts reduce revenue which
is exactly what happened with the bush tax cuts compared to the clinton tax
levels since we're only generating about 15% GDP in revenue rather than the
norm which is around 19% GDP.@ShaunThe GOP wants to get rid of
pre-existing condition protection when it scraps Obamacare. I know at least one
person who, despite leaning conservative and being a two-time bush voter, is
going to vote for Obama, and the Ryan budget/VP pick was the decider. The
American people are willing to sacrifice... if it's a fair trade. Lowering
Romney's tax rates to below 1% is not a fair trade.
I guess you never heard of the Laffer curve. The higher taxes go at some point
you get less and less revenue. Tax cuts have historically resulted in a larger
tax revenue as the economy expands. Warren Harding cut taxes we had the roaring
twenties. JFK cut taxes and got the country moving again. Reagan cut taxes and
we had 20 million new jobs. Event he Bush tax cuts helped. So you think higher
taxes on anyone including the rich will help the economy? The top 1% pay 39% of
all taxes, I guess that is not enough. Our enormous debt will result in a
serious depresson unless we get it under control
Every economist with any credibility says the same thing: The only way to ever
reduce the debt is to take in more revenue than is spent while simultaneously
reducing expenditures. This means increased taxation combined with spending
cuts. Ryan's plan reduces taxes for everyone making over $200,000 per
year. Ryan's plan calls for 66% of the money needed to replace these tax
cuts for the rich to come directly from programs aimed at lower and middle class
homes. The most notable cut is of course the Medicare program for seniors. Paul Ryan is literally attacking Grandma and Grandpa's health care
program so that the wealthiest people in the country can get more tax breaks.
Is this acceptable to anyone? Really??Paul Ryan is not serious about
reducing our nation's debt. Nobody can take the Republican Party seriously
on this issue until they start talking about military spending cuts.
That's where the most fat is and it's where the most significant cuts
need to be made. Get started.
How about first looking at the "entitlements" now enjoyed by
corporations, oil companies, farms and ranches owned by the most wealthy
Americans, Wall Street, health insurance companies, wealthy people wallowing in
special tax breaks, Congressional members like Ryan who will enjoy plush
retirement and taxpayer funded health care?The list of
"entitlements" enjoyed by powerful special interests goes on and on.It's much, much longer than any list associated with common people
Entitlement spending is not really the problem. And Ryan is pushing fraud on
the public. He wants to solve the budget crisis, yet he pushes further benefits
for the wealthy and refuses to tough huge parts of the budget. Frankly, I think
unemployment compensation and job training is better for America than enabling
people like Romney to have their offshore income be tax free. And Noodlekaboodle
makes a good point about Social Security. While it is not as bad as the GOP
wants to make it, the solution is simple. You can means test benefits, and
raise the income limit on the contribution. Refusal to do so just provides the
wealthy with one more benefit that the rest of us do not get. But, that's
the Republican way - socialism for the rich.
The Chicago Tribune's admiration of Mr. Ryan's "gravitas"
doesn't change the plain fact that Ryan's budget proposals gut
programs that support our national infrastructure and that aid the middle class,
children and our senior citizens, while at the same time giving substantial new
tax breaks to millionaires, and it actually _grows_ the deficit.Bad
ideas can delivered with "gravitas" just as easily as they can be with a
wink and a smile.
Let Paul Ryan give up his extensive government pension, so then I will be able
to listen to him that I should give up my future Social Security.
I hate Paul Ryan's Social Security plan. It is an example in overthinking
things. You don't have to open private accounts that are then backed by the
federal government. In fact, that seems like the government is taking more risks
than the current program. All we need to do with Social Security is gradually
raise the age to 69 or 70 over the next 10 years and means test SS. If you make
over say, 500,000 a year post retirement you don't receive a SS check.
Problem solved. As a young person I also don't like the idea of paying for
this great medicare program for my parents and grandparents, then when I go to
utilize to program I get a check that hopefully pays for private insurance for
the year. No thanks, how about we reform the Fee For Service medical payments
structure and solve the problem versus just pushing the problem back on
Maybe with the bold choice of Rep. Paul Ryan we have witnessed the first act of
governance of the upcoming Romney presidency.In what is
traditionally considered the first real test of a presidential candidate, Mr.
Romney has gone beyond the role of choosing a running mate and performed what
may well be considered his first act as president, if elected.The
one sorely lacking attribute of a president sometimes is the failure to use the
bully pulpit to rally the American people behind a vision, to persuade them to
the rightness of a cause, to garner their support for a course of action.Unfortunately, President Obama has fallen short of his role of
Communicator-in-Chief, and the people have in large part felt slighted by an
Affordable Care Act that they neither desired nor can afford.If
Messrs. Romney and Ryan can articulate their vision of "we can fix this"
and inspire us to join in the journey, the success of their administration will
have begun even before election day.Communicating the idea that
"we are serious about this," August 11, 2012 may go down as the first
day of the Romney Road to Recovery.
I read Ryan's prosperity plan and it lacks specifics but so do most
politicians plans. The medicare plan is interesting in the fact it gives states
blocks of money based on inflation and some other factors. This idea will
supposedly save money because seniors will receive money to go buy their own
insurance but I see a couple of flaws that were not addressed in the plan. Can
insurance companies still deny coverage based on previous conditions, which a
lot of seniors will have? What if the government says they have to insure them?
Won't everybody's health insurance go up to cover what will be a huge
influx of older people and their health related problems?His tax
plan also lowers rates and only has two brackets 10 and 25 percent with fewer
deductions and tax credits being available, but he doesn't list what
deductions will be eliminated and doesn't state the income levels that
qualify for either bracket.His plan, if you can call it that, needs
There's money aplenty to provide quality health care for all in the
accounts of our largest banks, corporations, and their ownerships. THEY however
have made the calculation, not mistaken, that baby boomers like me will soon be
a drag on the system, taking benefits and not doing productive labor - but I am
a human being, a biological agent with a soul who is entitiled to more
consideration that a sack of spuds. But in buying and selling, and labor is
bought and sold, things become commodities. We are commodities and have been
consigned to earlier deaths. The plan is this - get those boomers in their
The Ryan plan is spectacularly dishonest. You can not start reducing the deficit
by cutting taxes. Yes, Medicare needs reform, but doing away with it is not the
way to go. Get our healthcare costs down to the level of Germany, Australia,
Japan, or any other developed country, and Medicare's future is fine.