"With Ryan pick, Romney doubles down on economic radicalism" by Greg Sargent at WP

[applegrove]

With Ryan pick, Romney doubles down on economic radicalism

by Greg Sargent at WP

http://www.washingtonpost.com/blogs/plum-line/post/with-ryan-pick-romney-doubles-down-on-economic-radicalism/2012/08/11/7f8e67a2-e3b2-11e1-a25e-15067bb31849_blog.html#comments

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It’s fitting that Mitt Romney’s choice of Paul Ryan as his running mate comes after days of debate over the radicalism and vacuousness of Romney’s tax plan. His proposal won’t say how its deep tax cuts for the rich would be paid for — but if you grant the plan the most generous possible assumptions, the Tax Policy Center found, those tax cuts would have to be paid for by increasing the tax burden on the middle class.

Similarly, as experts have pointed out, Paul Ryan’s infamous budget — which is now officially the overarching blueprint for the whole GOP agenda — simply doesn’t add up unless you presume extraordinarily deep cuts to the nation’s safety net and a shockingly dramatic shrinking of government, even as it, too, cuts taxes deeply on the rich. Those experts see Ryan’s vision as deeply radical. As Robert Greenstein of the Center on Budget and Policy Priorities recently put it, Ryan’s blueprint “would likely produce the largest redistribution of income from the bottom to the top in modern U.S. history.” Greenstein added that “for most of the past half-century,” the Ryan agenda “would have been outside the bounds of mainstream discussion.”

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