Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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From: calgal	8/18/2012 9:59:05 PM
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The Blog Why Obama Needs American Families to Pick Up the Tab 10:24 AM, Aug 18, 2012 • By JENNIFER POLLOM Single Page Print Larger Text Smaller Text Alerts In the short week since Mitt Romney announced Rep. Paul Ryan as his vice presidential pick, many are scrambling to figure out just what exactly is the Ryan budget plan. AP / Ryan J. Foley Details are scarce in some areas, readily available in others, and the campaign is being understandably quiet about how and when a Romney-Ryan budget plan would reach balance. This is perfectly reasonable given the fact that most campaigns refrain from releasing precise details on winners and losers under a particular candidate’s ideal budget. It’s also understandable because with so many moving pieces, changing growth rates, future GDP estimates, changes in projected revenues and the like, it’s hard enough for the dozens of experts at the Congressional Budget Office to estimate even a few years out what the existing federal budget will look like. It’s reasonable not to expect a campaign to be able to do the same. However what’s more important than the exact year the federal budget will reach balance under a particular plan is the general approach and trajectory a set of policies will follow with regard to altering the federal budget. It’s in this area that Ryan has made a name for himself for his efforts to restrain spending with the goal of restoring solvency and sustainability to the federal government. He is focused on the gravity of the fiscal situation, and announces loudly at every opportunity what an unsustainable course of spending our nation is on. This means hard choices and unpopular spending cuts because government can’t keep promising more people more things.

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