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cali

(114,904 posts)
Fri Aug 31, 2012, 05:18 AM Aug 2012

Oh Really Mr. Reptilian Republican?




Last night was a spooge-fest at the RNC; one of the more-common lies was Ryan's:

“Before the math and the momentum overwhelm us all, we are going to solve this nation’s economic problems,” Ryan said. “And I’m going to level with you. We don’t have that much time. But if we are serious, and smart, and we lead, we can do this.”

Oh really Paul?

Paul Ryan, for those who have been living in a cave for the last couple of years, has put forward two separate "budgets" that are nothing more than mythical claims just as are Obama's Unicorn-laden promises. The premise that we can somehow magically return to 5% GDP growth on a sequential basis for 30 years when the last 30 was all powered by debt expansion rather than production is a pure farce.

Never mind that an unbroken 30 year real expansion is fantasy-land material anyway; it presumes no recessions, no policy mistakes, no business cycles and no outside forces that might get in the way. It is thus the sort of thing that only exists in the movies -- or in Lyin' Ryan's mind.

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http://market-ticker.org/akcs-www?post=210866
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