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Joe Klein: Ryan's Grand Vision - a "libertarian Disneyland" & "puerile vision" whose time has gone
http://www.time.com/time/magazine/article/0,9171,2122234,00.htmlAnd so we seem to be headed for a campaign of ideas--Ryan's ideas--and that may or may not be a good thing. Yes, it's important to have a ground-zero discussion about the sort and size of government we want to have. The trouble with Ryan's deep thinking on so many of these issues, though, is that it's not very deep at all. He lives in a libertarian Disneyland where freedom is never abused, where the government is an alien entity whose only function is to flummox the creative intelligence of bermensches like Ayn Rand's hero, the architect Howard Roark. It is remarkable and, frankly, a bit terrifying that this puerile vision has become the operating philosophy of the Republican Party.
Worse, some of Ryan's most important ideas have been tried and proved failures. Ryan has produced various plans, proposals and two actual federal budgets, and they all have one thing in common: they cut taxes drastically. In his 2011 budget, which he sent to the Congressional Budget Office for scoring, he estimated that despite the drastic cut in rates, the revenue would remain the same as a percentage of gross domestic product. This is supply-side economics, the utterly uncorroborated theory that the less people pay in taxes, the more they'll produce. Ryan's mentor Jack Kemp sold Ronald Reagan on it in 1980. The result was such a huge hole in the federal deficit that in 1982, Reagan was forced to come back with one of the largest proportional tax increases in American history. Supply-side tax cuts didn't work for George W. Bush either. By contrast, Clinton raised taxes and the economy boomed. Who knew?
-snip-
In Ryan's 2010 budget, all taxes on capital gains were lifted. By this standard, according to the Atlantic, Romney would have paid a tax rate of less than 1% in 2010, the only year for which we have his returns. In some of his proposals, Ryan has replaced the capital gains tax with a sales tax, or VAT, which would have the perverse effect of raising taxes on the middle class and poor while lowering them for the rich. In Ryan's world--in Rand's fantasy--average folks are taxed because they haven't had the good sense to become wealthy.
Because of the hilariously inappropriate tax cuts, Ryan's budget doesn't reduce the deficit very quickly, but it is imbalanced on the backs of the poor and elderly. I believe that poverty is often the result of inappropriate behavior--out-of-wedlock births, dropping out of school, crime and drugs--which should not be rewarded. But often it isn't, and common decency requires that we take care of the least of these. Ryan's Medicare proposal is Exhibit A when it comes to his casual inhumanity: he would force the elderly, many of whom are addled and decrepit, to make market choices in one of the most complicated, opaque markets around. Ryan's Medicaid proposal would eviscerate long-term care for the elderly poor. Republicans whine about class warfare, but what is this? It is a reversion to a more brutal, less humane state of nature. It is an "idea" whose time has gone.
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