Paul Ryan’s Budget Plan – Fantasy & Fact Review
By: Guest Authors
By:Bob Cash (aka GringoBob)
As Chairman of the House Budget Committee, Paul Ryan on Tuesday – 06 April 2011 unveiled the “official” GOP long range budget proposal that would save some $ 6.2 TRILLION Dollars over the next 10 years – an effort heralded as “magnificent” by Minority Leader McConnell or “Bold and Brave” by the republican House leadership.
The pundits are beside themselves and peeing down their leg in un-restrained excitement – the Democrats are in shock and all sharp objects have been taken away
from them as a precaution.
Ryan states – “Our budget, which we call The “Path to Prosperity”, is very different. For starters, it cuts $6.2 trillion in spending from the president’s budget over the next 10 years, reduces the debt as a percentage of the economy, and puts the nation on a path to actually pay off our national debt. Our proposal brings federal spending to below 20% of gross domestic product (GDP), consistent with the postwar average, and reduces deficits by $4.4 trillion.”
Even The Heritage Foundation is caught up in the frenzy, with a study just released by the Heritage Center for Data Analysis projects that The Path to Prosperity will help create nearly one million new private-sector jobs next year, bring the unemployment rate down to 4% by 2015, and result in 2.5 million additional private-sector jobs in the last year of the decade. It spurs economic growth, with $1.5 trillion in additional real GDP over the decade. According to Heritage’s analysis, it would result in $1.1 trillion in higher wages and an average of $1,000 in additional family income each year.
What a wonderful outcome we will have if everything goes according to Mr. Ryan’s plan – a truly spectacular recovery and a resultant stable economy . GREAT !!!
NOW, let look at reality for a minute, shall we ?
Dirty Harry Reid and the Democrats control the Senate by a margin of 51 D’s plus 2 I’s or 53 votes versus 47 R votes .
The Resident of the United States is a marxist, communist, socialist, maoist leaning radical left wing ideologue .
So, the Republican House passes Ryan’s Budget and off it goes to the Senate – remember just recently they did this with their $61 Billion reduction to the FY11 Budget and Dirty Harry simply pigeon holed their piece of paper so it never saw the light of day or vote on the Senate floor – would he do that again ?
Who out there in Alice’s wonderland thinks Obama will ever sign a republican bill that reduces his spending by $ 500 BILLION per year ? anyone ?
OK, OK, a miracle happens and the Ryan Bill makes it through the House and Senate – now the house and Senate adjust their chastity belts and get ready for the “veto override” vote they think will be needed to get past Obama
Well, Obama simply sticks the bill in a place where the sun never shines and guess what ? – Congress has no legal or political way to challenge a “pocket veto”, so the party is over before it gets started – Do you trust Romney, Gingrich, Huckabee, Pawlenty or Daniels to sign on ?
here is what you are being asked to believe ;
“we must increase the debt limit so we do not default on our debt payment and lose our credit rating” or, say this is at your home and your spouse says to you “we must get another credit card so we can pay our existing credit card debt and everything will be better” – do you want to be in that conversation ????
There is another way, and it is absolutely assured to ;
Save over $100 Billion per MONTH = $ 1.2 TRILLION per year
Stop ALL of the insane spending
Force a balanced Budget
Force Obama and Dirty Harry to take positive steps in spending reductions
Force tax cheat Timmy Geithner to stop selling worthless “Hopey Changy” Bonds
Force Bernie Bernanke to stop “monetizing” Obama’s deficit spending
Force the Government to operated on a cash basis – expenditures can NOT exceed revenues
Reduce spending by $ 1.2 TRILLION per year or $ 12 TRILLION over 10 year period
Twice the savings and no risk or exposure of DOA in Senate or “pocket veto” by Obama
What’s not to like ? what are you waiting for ? do it while you have the opportunity ?
Vote “NO” on increasing the Debt Limit.
That’s it, a simple NO vote gets all of this done and we don’t need the Senate or Obama to get it done.