Romneys pick of Ryan as VP and the INSANITY of the Ryan budget planSubmitted by Ian56 on Sat, 08/11/2012 - 09:34
The ABSOLUTE INSANITY of the Romney/Ryan budget plan - three reasons
The INSANITY of Ryan's proposed budget plan needs to be aired to Independent voters who are the ones that will decide this election.
Romney has just helped to drive away 98% plus of Independent voters with his pick of Ryan as VP.
When Independent voters are informed about and understand Ryan's budget plan, Romney will sink EVEN lower in the polls.
He is already being slaughtered in polls for swing states and Electoral College maps and the trend is like a nose dive off a cliff.
1) The INSANITY of Paul Ryan's budget plan
The Ryan plan proposes MASSIVE budget deficits ad infinitum of well over $1tn per year.
The Ryan plan swaps social spending for massively increased military spending. (E.G. cuts to Medicaid, reductions to social security payouts.)
The Ryan plan offers NO CUTS, only a very slight slow down in the planned rate of future spending INCREASES.
The Ryan plan overstates future growth, by a very large margin.
The Ryan plan will not create any jobs. It is EXACTLY the same as GW Bush and Bush has the worst record for job creation in the post WW2 period.
The Ryan plan will increase the US debt to GDP ratio until the US is no longer seen as a good credit risk and it snaps.
The US dollar will then lose it's reserve status and economic carnage will ensue.
The collapse of the USSR in the 1980's and the collapse of Greece recently, offer good models of what to expect in the US in the fairly near future under the Romney/Ryan plan.