ilia25
I can do math
- Jan 12, 2012
- 1,859
- 100
- 48
Paul Ryan said in interview with Larry Larry Kudlow that the first order of business for him and Romney will be preventing the "fiscal cliff". Well, guess what -- the very same fiscal cliff would cut US budget deficit almost by half, to just $641 billion (compare that to 1.4 trillion in 2009 FY).
The reason for Ryan stance is simple -- the fiscal cliff would also put US back into recession, and we don't want that, do we? But just as clear is Ryan/Romney hypocrisy toward "Obama deficits" and toward Obama stimulus. Obama did not want to cut deficits for the same reason -- it would have hurt the economy. And, following the same logic, the economy would be in a much worse shape if not for the Obama stimulus back in 2009.
Yet Republicans spent last years blaming Obama for deficits and the stimulus.
The reason for Ryan stance is simple -- the fiscal cliff would also put US back into recession, and we don't want that, do we? But just as clear is Ryan/Romney hypocrisy toward "Obama deficits" and toward Obama stimulus. Obama did not want to cut deficits for the same reason -- it would have hurt the economy. And, following the same logic, the economy would be in a much worse shape if not for the Obama stimulus back in 2009.
Yet Republicans spent last years blaming Obama for deficits and the stimulus.