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Reagan Budget Adviser David Stockman: Ryan's Budget a 'Fairy Tale'

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First As Tragedy, Then As Farce8/14/2012 11:38:53 am PDT

re: #1 Kragar

Waiting to hear how this guy is a RINO and doesn’t understand the nuances of the Ryan plan.

The Ryan plan has about as much nuance as a dog dragging his butthole across the carpet. CBO sez:

Perhaps the single most stunning piece of information that the CBO report reveals is that Ryan’s plan “specifies a path for all other spending” (other than spending on Medicare, Medicaid, Social Security, and interest payments) to drop “from 12 percent [of GDP] in 2010 to 6 percent in 2022 and 3 percent by 2050.” [2] These figures are extraordinary. As CBO notes, “spending in this category has exceeded 8 percent of GDP in every year since World War II.”[3]


Military alone accounted for 4.7% in 2009.

He’s either a blithering idiot, or he deliberately hopes to make government so worthless that the entire country turns into some dystopian Anarcho-Capitalist hellscape.