I don’t want to – and haven’t dismissed – the real flaws in Paul Ryan’s proposal for cutting the debt. In fact, I agree with readers who want much more tax revenue in the plan, and oppose any more tax cuts in the current fiscal climate and find the gutting of all discretionary spending the dumbest form of budget balancing.
The Ryan/GOP Plan, as has been pointed out to Sullivan a hundred times now with little to no effect, slashes taxes by trillions and makes up for those tax cuts by slashing trillions in services to our neediest members of society. For there to be “much more tax revenue in the plan,” all you would need to do is FUCKING NOTHING. NOTHING. Here is my plan- I AM NOT CUTTING TAXES BY TRILLIONS FOR RICH PEOPLE, AND THE TAX CUTS WE JUST EXTENDED WILL EXPIRE. Voila! We are automatically better off than we would be under the GOP Ryan plan. This GOP/RYAN plan is so ridiculous, so transparently absurd and based on flawed assumptions, magical thinking, and cheap parlor tricks that if you are really concerned about the debt and the status of our fiscal well-being, DOING NOTHING is a better option by light years.
Does he seriously not understand that outside the Halperin/Scarborough universe, he looks like a complete innumerate clown? Can his ideology really be blinding him to this extent? Is he simply incapable of absorbing anything that Krugman, Chait, and others point out? Is he really this easily fooled into what constitutes “courage” and “bravery?” Paul Ryan and the GOP just proposed massive tax cuts for the well off on the shoulders of the American people while ending Medicare and Medicaid, and Sullivan honestly thinks this is “brave” and a conversation starter? It’s so brave it exempts everyone who is currently on Medicare, so they won’t see what he is doing. That’s called a bribe in most circles, but it passes for “bravery” in Sullivan’s.
My god, this is painful to watch.
*** Update ***
The pain continues at cognitive dissonance central:
And he seems to believe this will actually end our looming fiscal crisis (while accusing me of being a “complete innumerate clown”). He also seems to think that the lower tax rates are unfunded additions to the debt, as Bush’s were. But they are paid for by eliminating tax loopholes, shelters and gimmicks. My proposal for more revenue would be to lower the tax rates less and use the extra money from getting rid of tax expenditures for the deficit. The removal of the myriad shelters and loopholes in the budget, moreover, would actually take these boondoggles away from the rich, making the tax environment fairer.
But when Cole is this angry, it’s hard to argue with him. And yes, the bold caps are his.
Of course this won’t end our “looming fiscal crisis.” Neither will the “Path to Prosperity,” and doing nothing, however, is still light years better than the Ryan plan you have been fluffing all week. That was the point of this post.
Cripes, it really is pointless. I’ll just have to wait a week or two until more people like Bruce Bartlett and other people he respects are able to slow-walk Andrew back from this ridiculous notion that the GOP/Ryan plan is serious.