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Saturday, August 07, 2010

Economic's Laureate: Ryan a Charlatan, Roadmap a Fraud

Nobel Memorial Prize in Economics winner Paul Krugman literally flattened Paul Ryan and his class war Roadmap plan in his latest op-ed. Krugman, apparently outraged and mystified on how easily the media seems taken in by Ryan's traveling medicine show, refers to the double-talking congressman as a flimflam man and a charlatan. Not to say I blame him for his veracity, but it does sound uncharacteristically heavy, even for Krugman.
NY Times Excerpt:
The Post also tells us that his plan would, indeed, sharply reduce the flow of red ink: “The Congressional Budget Office has estimated that Rep. Paul Ryan’s plan would cut the budget deficit in half by 2020.”

But the budget office has done no such thing. At Mr. Ryan’s request, it produced an estimate of the budget effects of his proposed spending cuts — period. It didn’t address the revenue losses from his tax cuts. -- Paul Krugman
Milwaukee buzz Excerpt:
Ryan admits his proposal could be unsafe for Republicans. He tells the Post that Democrats are “going to try to wrap my Roadmap around people’s necks.”
Ryan admits his plan could damage Republicans? What gives him that idea? The problem of course is Ryan seems more worried about what his half-baked trick bag ideological trainwreck will do to his precious political party before considering what it would do to the country. He thinks Democrats are trying to wrap his roadmap around people's necks?? This coming from a guy making regular rounds on Fox News freak shows trying to wrap his roadmap around the neck of anyone foolish enough to listen. "Oh, got a question about my ideas on the economy? Just go to roadmap dot gov and follow the links for all the answers to your questions."

Krugman is right, Ryan's plan is a fraud that makes no useful contribution to the debate over America’s fiscal future. Ryan, not the democrats, wrapped the ropes around his party's neck. It's time to kick the horses and see if they will hang.

On Our Local Media Coverage
Blogging Blue Comment MadCityMan:
The Janesville Gazette, the Journal Times of Racine, Kenosha News and other publications serving his district have a moral obligation to cover what Nobel Peace Prize Winner Paul Krugman has to say about Paul Ryan’s fraudulent plan. I suspect that the New York Times editorial pages are not high on everyone’s reading list, but when a luminary like Krugman demolishes a local politicians platform, they should cover it.

More Krugman's "FlimFlam Man" here.

1 comment:

Anonymous said...

We know there is not a chance for the Gazette to cover it. They are still his apologists, ie check the last entry in the Sound Off today. I can think of no other politician they have have gone so far out of their way to placate and manipulate for. This "newspaper" is without a doubt the saddest excuse for "news". The bias shows on every single article they write. I'm amazed the journalists take it. They may have some good ones but by the time the editorial hit squad gets done with it, it's pure bias and spin. If I were a journalist, I would not want my name anywhere near the Gazette. It's good way to ruin your career from what I can see.

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