Why did it take Paul
Ryan so long to discover the United States government was spending more than it
was taking in in taxes and other revenue.
During Ryan’s term in office, he voted for the war in Iraq and the war in
Afghanistan but neither proposed legislation nor voted for legislation to fund
the costs of the two wars. Paul Ryan
also found it in his heart to vote for Medicare D, the drug program which
ensured that drug companies would maintain their exorbitant profit margins but,
like the wars, was also unfunded. Then
there was the matter of the Bush tax cuts.
Like the tax cuts in the Ryan budget plan, which would also add to the
deficit, Ryan seems to be unaware that in order to avoid a deficit, the
government needs to take in more revenue than the government spends. One would think that a self-described
“policy wonk” would understand that basic economic rule. Ryan and fellow Republicans apparently are
still clinging to the belief that the way to increase revenue is to reduce the
tax rate. They hold that belief when it
comes to creating jobs, as well. Well
the facts prove otherwise. In 2001, tax
revenues were 19.5% of GDP. After ten years of reduced tax rates, tax revenue
has fallen to 15.4% of GDP. In most
people’s accounting, 15.4% is smaller than 19.5%. When it comes to jobs, since 1945 the Republican “job
creators” managed to create 34.7
million jobs. During the same time,
under Democratic administrations, 60.5 million jobs were created. In other words, the Republican job creators
could account for 36% of the jobs while under Democratic administrations, 64%
of the jobs were created. Ryan likes to
spread the myth of a “small government” party when he refers to fellow
Republican legislators, but once again, facts and reality prove him wrong. Going back to the Carter administration,
government employees shrunk by 304,000 when Democrats held the White House, but
grew by 261,000 employees under Republican Presidents. Finally, here is issue around the increase
in federal debt. Since 1941, under
Republicans, the federal debt increased by $9.766 trillion dollars. When Democrats were in the White House, the
debt increased by $4.876 dollars. Ryan
may try to talk a good game, but when it comes to performance as opposed to
promises, reality disproves his fictional accounts of Republican governance.
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