Chart of the day
August 13, 2012 Leave a comment
Ezra brings us a chart of the Ryan budget:
The truth is that the Ryan budget’s largest long-term savings don’t come from Medicaid or Medicare or Social Security, or even Medicaid and Medicare and Social Security put together. They come from everything else. Ryan says that under his budget, everything the federal government does that is not Medicare, Medicaid or Social Security will be cut to less than 3.75 percent of GDP by 2050. That means defense, infrastructure, education, food safety, energy research, national parks, civil service, the FBI — all of it. Right now, that category of spending is 12.5 percent of GDP. [emphasis mine]
Just stop and think about that for a minute. Ezra also points out that defense along has never been less than 3%. This is a fabulously dishonest proposal. And secondly, somebody should ask Ryan (and Romney) just what essential government services that he basically plans on zeroing out. Heck, this may not be a proposal to take us back to 19th century America, but 18th century America. For everybody but old people, of course. Nuts!!