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Everything You Need to Know about the Ryan Budget

Chris from Kalifornia Wrote: Mar 13, 2013 8:12 AM
Yep! The Ryan budget is a farce. They need to take a machete to it and lop off some of the unconstitutional agencies, at least lop off the duplicates as a start. Just doing that would improve the Ryan budget to maybe 5 years to balanced instead of 10. The only reason the dollar looks good these days is that the other countries are printing their own money even faster than we are. So they are inflating faster than we are.
Texas Chris Wrote: Mar 13, 2013 10:22 AM
No, no, no. Cutting the budget fast and deep is a sure way to stimulate growth. Look at the early 1920's. Look at the 1950's. Massive cuts to government (and screams from the federal government that a recession would ensue), then a period of amazing growth.

On the flip side, look at what happened in the 1930's. Massive spending on New Deal boondoggles, high unemployment, no growth. Look at Japan in the 1990's. HUGE public works, infrastructure, and debt financing, little growth, high unemployment, a lost decade.
jsullivan154 Wrote: Mar 13, 2013 8:55 AM
Cris Balancing a budget too fast in times of slow growth is a recipe for a double dip or a repeat of japanese recession. Where were all you fiscal Hawks during 9 trillion of Bush and all the while while fleecing Housing, Banking, Jobs, As your Leader stated "Wall Street had a party and got Drunk"? I think They invited the Republican Politicians prior to their great CREATION?

When in Rome do as the Romans DO?

Sigh. Even when they’re sort of doing the right thing, Republicans are incapable of using the right argument.

Paul Ryan, Chairman of the House Budget Committee, has unveiled his proposed budget and he and other Republicans are bragging that the plan will balance the budget in 10 years.

That’s all fine and well, but good fiscal policy is achieved by reducing the burden of government spending, and that means that restraining the budget so that federal outlays grow slower than the private sector.

It’s good to balance the budget, of course, but that

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