Ryan’s view of an ideal America on the Path to Prosperity really is a winning combination; aside from the top line items of eliminating Medicare, Medicaid, and (ultimately) Social Security, the GOP Vision of an America they want to live in includes:
…lurking in the plan is a giant giveaway to Wall Street […]. Specifically, Ryan wants to repeal two key provisions of the Dodd-Frank financial regulation bill that allow regulators to identify systemically important financial institutions and unwind them if they go bankrupt. This means that in a future financial crisis, regulators will face a Hobson’s choice between letting the financial system collapse and replaying the ad hoc and unjust bailouts of 2008.
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[Ryan’s plan also] promises to raise the same quantity of tax revenue as the government got during the George W Bush years, but he wants to push marginal tax rates on the rich even lower than they were at that time. He doesn’t spell out how, exactly, he plans to make up the lost revenue and that’s because he wants to obscure the fact that it’ll have to come from the middle class.
Who can possibly argue with that entirely sensible approach? Why, unemployment will be almost certainly be at negative eleventy percent by 2014 under policies like those.
Lemkin 