When Ronald Reagan was elected president the Dow Jones Industrial Average hovered around 1,000 (less than 2,800 inflation adjusted) — and had dipped, under President Carter, as low as 759. Unemployment stood at an unacceptable 7+%. The Soviet Union was aggressive, bellicose, and, in the eyes of the Western policy elite, could be but contained, not challenged. At the end of Reagan’s eight years in office, the Dow had tripled in value, on its way much higher. Job growth was vibrant. The USSR was well on its way to dissolution.
Recently announced Vice Presidential pick Paul Ryan is being called a radical by the left for his fiscal policies. But no one would expect that anyone would imply that the Roman Catholic family man would be a Black Panther. Yet, the New York Times ran the headline "Paul Ryan, Black Panther?" on the day after the announcement was made. This was in a series called “Historically Corrected.”
Public awareness of Rep. Paul Ryan’s familiarity with (and apparent fondness for) the works of Ayn Rand has now seeped into the academy. The Chronicle of Higher Education features an essay today by Professor Alan Wolfe, Director of the Boisi Center for Religion and American Public Life at Boston College. This is an edited version of my response to Professor Wolfe in the article’s comments section.
Mitt Romney's selection of Paul Ryan was supposed to be a problem for the Republicans. So said a chorus of chortling Democrats. So said a gaggle of anonymous seasoned Republican operatives. All of which was echoed gleefully by mainstream media.
Mitt Romney’s choice of Republican Congressman and budget guru Paul Ryan as his running mate has profoundly altered the presidential race. In selecting the wonkish, articulate Ryan, Mitt Romney has enhanced his campaign, and thereby his chances of winning the presidency, by arming the GOP ticket with an eloquent mouthpiece whose bold policy prescriptions strengthen Romney’s campaign with a reform-minded seriousness the Obama-Biden ticket simply cannot match.
President Obama has long favored reducing the payments to these plans and significant cuts are part of the Affordable Care Act (ObamaCare). However, neither the president nor any other prominent Democrat is calling for the abolition of these very popular plans.
Mitt Romney showed he's reaching not just for a win, but for a mandate. The elevation of Rep. Paul Ryan is a game changer because it is a conversation changer. His selection as veep nominee puts front and center the need to reign in the spending of a government that borrows 40 cents from China for every dollar it spends.
Mitt Romney made a smart executive decision selecting Paul Ryan as his vice presidential running mate. Ryan's genial personality, serious policy wonkery and political courage have dazzled conservatives and won respect even in a few liberal circles. Romney scores points for political courage as well. He knew liberal politicians and journalists would talk in punishing terms about Ryan's budget ideas.
In selecting Paul Ryan as his running mate, Mitt Romney signals his determination to conduct a campaign of ideas.
Governor Mitt Romney's choice of Congressman Paul Ryan as his vice-presidential running mate is one of those decisions that seem obvious -- if not inevitable -- in retrospect, even though it was by no means obvious to most of us beforehand.
Pro-life leaders welcome Paul Ryan choice
If there’s one man in America born for the job of debunking Obama’s myths and lies, it’s Paul Ryan.
Mitt Romney really wants to win this thing! After watching Team Obama turn the 2012 presidential election into a sideshow of discussions on minutiae, tax returns, horses, and Olympics, it was thrilling to see Romney finally seize control of this election narrative in naming Rep. Paul Ryan his running mate.
Paul Ryan--as the pick for Vice President--is a demonstrative, serious, commitment by Governor Mitt Romney to fulfill the vision of returning America to fiscal sanity.
It was my privilege to serve with Paul Ryan in the House and on the Ways and Means Committee. Ryan's vast experience and bold, reform minded ideas were always evident.
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