Key fact: Ryan's plan preserves the current entitlement system for everyone over the age of 55. The rest of us will see dramatic changes in the structure of Social Security, Medicare, Medicaid, and the tax code--changes the CBO says will solve the long-term budget problem, in ways that increase individual choice and limit government's scope. If nothing is done, America faces high interest rates, inflation, and economy-crushing tax rates. Is this the future Democrats prefer? After all, they have provided no alternative way to achieve the Roadmap's outcomes.
Why is the assault on Ryan irresponsible? Because Democrats are pretending that America's future budget obligations aren't a serious problem. They have no proposals to limit the growth in entitlements other than phantom reductions in Medicare reimbursement rates, a parodic "spending freeze," and independent commissions whose recommendations Congress will probably ignore. Democrats clearly hope they can preserve their majorities by demagogic attacks on Ryan. Meanwhile, the crisis approaches.
No comments:
Post a Comment