Well how about that. Mitt Romney has chosen that nice young Boy Scout from down the street who’s offered to fix our finances, Rep. Paul Ryan, to be his presidential running mate.
A few things about Paul Ryan: He wants to end Medicare and give people (those who are 55 and younger at the time of passage) coupons to buy private insurance plans on the market instead. Those coupons would be explicitly designed not to keep up with medical inflation, ensuring seniors pay higher out-of-pocket costs each year until the market collapses.
He wants to convert Medicaid and food stamps into block grants sent to the states at sharply reduced levels. He wants to bring non-defense discretionary spending down to 3% of the federal budget. He wants to slash taxes on the wealthy, giving them an average 12.5% in additional after-tax income. The only reason his budgets haven’t said a word about privatizing or dramatically cutting benefits in Social Security is because his fellow congressmen demanded he not take that on in addition to everything else, at this point. He voted for the Iraq War, Medicare Part D, and TARP.
The Ryan Budget is not just about saving money. He thinks broad social spending programs are immoral in how they foster “dependency.” There’s no other reason to cut every modest discretionary program like that.
Paul Ryan worships Ayn Rand, a sociopath who sneered at those who would give to charity.
So let’s see some campaign ads and shit, right?
Congratulations to Rep. Paul Ryan and his family, who have much to be proud of tonight.