Saturday, June 04, 2011

Ryan's budget punked?

Paul Krugman.

The Ryan Mistake - NYTimes.com

What I hope regular readers of this blog understand by now is that the Ryan plan is, in fact, a self-serving piece of junk. It doesn’t add up — in fact, it would probably make the deficit bigger not smaller. And far from representing some kind of sacrifice of political interests in the service of the greater good, it’s a right-wing wish-list on steroids: sharp tax cuts for corporations and the rich, savage cuts in aid to the poor, and a gratuitous privatization of Medicare. And again, it’s technically incompetent along the way.

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