Mitt Romney's choice of Paul Ryan as his running mate sharpens the focus in the November elections between competing views of America's future. Obama, Biden and a Democrat Senate vs. Romney, Ryan and a Republican House.
The Democrat view comprises more spending, unsustainable debt and costly entitlements without a fiscal reform plan in association with a Senate that has failed to pass a budget in more than three years.
TeamRomney promises economic reform, job growth, fiscal responsibility,entitlement restraint repeal of ObamaCare and a return more limited government.
While all campaigns are full of promises, I favor TeamRomney as charting a better course for our country. TeamObama has no record of success in creating a better future for our nation.
Most important in this election is to populate Congress with Senators and Representatives that will create a future that is affordable and sustainable. The present dysfuntional Congress has failed its citizens
News Alertfrom The Wall Street Journal
Mitt Romney picked Rep. Paul Ryan as his running mate, a decision that could spark enthusiasm for the Republican ticket among conservatives and all but ensures the election will turn to deep philosophical divisions between the two parties over spending, taxes and entitlements.
In Mr. Ryan, 42 years old, the Romney campaign gets a conservative who has spent recent years at the center of national debates about the size and scope of the federal government. With his proposals to revamp entitlement programs for future retirees and the poor, he has become a hero to conservatives and a target for liberals.
The pick was officially announced on Mr. Romney’s phone app just after 7 a.m. Mr. Romney plans to hold an event at 9 a.m. on the USS Wisconsin, which carries the name of Rep. Ryan's home state.SB1000087239639044340400457758
http://online.wsj.com/article/
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2 comments:
MarketWatch reports that Ryan "...opposes Dodd-Frank, he also is in favor of resurrecting some form of the Glass-Steagall Act that keeps investment houses separate from banking operations."
I support returning to G-S so there's 1 point for Ryan.
Let me see f I understand the Romney/ Ryan REVENUE NEUTRAL budget...
Reduce spending to 20% of GDP BY 2016. No tax increases at all. Revenue shortfall to be made up by eliminating tax loopholes.
If you eliminate ALL of the largest tax loopholes there is still a shortfall.
Scorched earth is not a budget plan - it is pandering tomthe simple minded. Romeny the pragmatist knows the Ryan budget is political suicide so he is already muzzlimg Ryan, staying vague and making empty promises.
Zero chance he will get elected. That said if he does it will nt be so bad because at the end of the day he is a pragmatic person and will continue the same steady course we ate persuing now. Slow budget constraints plus monetary easing plus stimulus. Slow growth that will gently get the country back to work nit a bunch of short sighted, shot from the hip economically unsophisticated ideology.
I BELEIVE on January 2 we will go over the so called economic cliff which triggers automatic tax increases across the board. Then the dems will propose tax cuts for all except the to brackets and the republicans will now be free from the Grover no tax pledge and will agree to the dem tax cut plan. Pathetic way to do things but that is what happens when people make pledges to the likes of nyquist rather than govern.
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