Wednesday, April 13, 2011

sojo's over-the-top rhetoric

The Ryan Plan: A Declaration of War on the Poor

Remember how, a few months ago, we were supposed to excoriate people like Sarah Palin because one of her campaign maps had bulls-eye like targets on certain states? That somehow such a thing was suppose to be responsible for certain acts of violence? So we were suppose to avoid certain words and phrases, usually somehow involving shooting or guns or anything violence?

Well, remember, that only applies to conservatives, like Palin. Liberals like Sojo can continues to use such rhetoric, like "war on the poor", to their hearts content.

Then, on April 5, Rep. Paul Ryan (R-WI) introduced a 2012 budget that is much, much, much worse than H.R.1. Ryan’s budget would put all the burden for balancing the budget on poor people, while at the same time cutting the tax rate for people in the top income bracket from 35 percent to 25 percent.

If you read the article, you'll not see those claims supported in any way. The only thing the writer goes on about is taxes.

In 1945, at the end of World War II, the top marginal tax rate was 94 percent.
In 1954, when Republican Dwight Eisenhower was president, the top marginal tax rate was 91 percent.
In 1980, the year Reagan won his presidential election, the top marginal tax rate was 70 percent.
By 1989, the year Ronald Reagan’s presidency ended, the top marginal tax rate was 28 percent.
When Clinton took office in 1992, he raised the top marginal tax rate to 39.6 percent, where it stayed throughout his presidency.
Clinton balanced the budget and left office with a surplus.
Bush Jr. chipped away at the top marginal rate until it rested at 35 percent in 2003, where it remains to this day.

If you get the impression she thinks that 90% tax rate is a good thing, I think you're right. It's all about sticking it to the rich, the achievers, the producers.

Did you know the top 400 richest Americans have more wealth than the bottom 50 percent combined? someone who is solidly in the bottom 50%, I can only say, I don't care. She gives this stat (again, without support) as if it's suppose to mean something in and of itself. It doesn't.

Did you know CEO pay has increased by 20 percent to a median pay of $9.6 million for top executives at 200 major companies since 2009, while worker pay has remained virtually unchanged (decreased by 0.1 percent) in the same period?

Again, so what? Such a claim, devoid of any context, is meaningless.

The Ryan plan is not fiscal responsibility; it is a declaration of war on the poor. The GOP is currently being led by blind ideology that has potential to literally kill people — real people made in the image of God.

So such irresponsible rhetoric is ok, because according to her, tax cuts may kill people?

Here's another take on the Ryan plan.

Paul Ryan's Adult Conversation

Ryan's budget would reduce domestic federal spending to below 2008 levels, restoring pre-stimulus, pre-bailout spending, again as promised. Federal spending is reduced to below 20% of GDP, the long-run, postwar, historical level, by 2015. With that level of federal spending prevailing on average for 60 years since World War II, to call it radical, irresponsible, and extreme is itself unprofessionally irresponsible and misleading.

To achieve that, Ryan's budget would defund and repeal Obamacare. It would eliminate hundreds of duplicative programs, and slash corporate welfare. That would include President Obama's "expensive handouts for uncompetitive sources of energy," establishing instead "a free and open marketplace for energy development, innovation and exploration," as Ryan explained in yesterday's Wall Street Journal. Ryan also explained that his budget "gets rid of the permanent Wall Street bailout authority that Congress created last year," in President Obama's Dodd-Frank so-called financial regulatory reform bill.

Ryan's budget reduces the federal deficit to below $1 trillion by next year, while President Obama proposes his fourth year of federal deficits over $1 trillion, at $1.2 trillion according to CBO. CBO projects that under Obama's proposed 2012 budget, the federal deficit is still $1.2 trillion by 2021. That's not radical, irresponsible and extreme? Ryan's deficit by that year is $385 billion, after achieving what is called primary balance by 2015, meaning that the budget is balanced apart from interest on the national debt.

Ryan's budget achieves full, permanent balance soon thereafter, with federal spending reduced to 15% of GDP by 2050, less than half the level of federal spending by that year under President Obama's budget. Indeed, by 2050, President Obama's budget would double federal spending as a percentage of GDP from the long-run, postwar, historical average, which is disgracefully radical, irresponsible and extreme.

Ryan's budget reduces the national debt by nearly $5 trillion relative to the President's budget in the first 10 years alone. As result, the national debt as percent of GDP is reduced every year, until the national debt is ultimately paid off entirely! President Obama's budget, by contrast, would double the national debt in his first term alone, and triple it by 2021. That's not radical, irresponsible, and extreme?

A lot of that sounds pretty good to me. Less federal spending, less debt, and getting rid of the already declared unconstitutional Obamacare.

Sadly, for Sojo, fiscal responsibility seems to mean a chance to pontificate about people dying the streets. But, hey, they have Moby on their side. A has-been pop star makes any other argument void, right?


No comments: