Thursday, August 30, 2012

Yes, Paul Ryan Spoke the Truth About Obama's Fiscal Record at the Republican Convention

"Progressive bloggers and TV personalities are up in arms about Paul Ryan’s speech at the Republican National Convention last night. Several of their accusations revolve around Paul Ryan’s own fiscal record, and his description of President Obama’s. I asked my liberal friends on Twitter to send me an itemized list of Ryan’s alleged lies, and they kindly obliged. So far, Ryan appears to have the better of the argument."

"Charge #1: Paul Ryan accused Obama of cutting Medicare by $716 billion, but Ryan’s own budget preserved those cuts.

"It’s true that Ryan’s budgets in 2011 and 2012 preserved Obamacare’s cuts to Medicare. However, there is a huge difference between cutting Medicare by $716 billion to fund $1.9 trillion in new health spending, as Obamacare did, and cutting Medicare by $716 billion to shore up the solvency of the Medicare program itself, as the Ryan budget sought to do." Ryan is correct.

"Charge #2: Paul Ryan criticized Obama for ignoring the recommendations of the Simpson-Bowles deficit commission. But Ryan voted against those recommendations himself.

"It’s true that Paul Ryan voted against the Simpson-Bowles recommendations. He did so because Simpson-Bowles raised taxes while doing little to nothing about health-care spending, the biggest driver of growing deficits. However, by rejecting Simpson-Bowles, Ryan felt morally obligated to put forth his own plan, and did so—several times, in the form of his Path to Prosperity and his 2011 and 2012 House budget resolutions."

"By contrast, President Obama scuttled a bipartisan Congressional deal to achieve long-term fiscal reform. A few months ago, President Obama sent a budget to Congress for fiscal year 2013, that did not bother to attempt to balance the budget, and was defeated unanimously in both houses, failing to even get a single Democratic vote." Ryan was correct.

The rest of the article is here. Oh yes. I almost forgot. When did the Janesville GM Plant close?

The Janesville GM Plant was closed in 2009 - during Obama's administration.

A detailed article is here.

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