Paul Ryan’s Hammock

By: Thursday January 27, 2011 7:15 pm

How stands the Social Security discussion in Washington following State-of-the-Union night? More or less where it was before. Which, for defenders of the program is mostly not good.

President Obama honored his pledge to congressional Democrats over the previous weekend not to endorse cuts to the program. In fact, he went a bit farther, rejecting any plan that would include “slashing benefits for future generations.”

There’s more to say about that. But first, what about Paul Ryan and that Michele Bachmann?


Framing the Schakowsky Deficit Reduction Plan

By: Wednesday November 17, 2010 2:00 pm

The basic difference between Schakowsky’s plan and Bowles-Simpson is not that it relies more on revenue-raisers than spending cuts – although conservatives will surely highlight this – but who bears the brunt of the pain.

Bowles-Simpson: The Unequal Marriage of Reaganomics and Rubinomics

By: Monday November 15, 2010 3:45 pm

The Bowles-Simpson plan isn’t a fair and equitable way to reduce the long-term federal deficit, whatever its co-authors might claim. In fact, it’s the biggest proposed experiment in supply-side economics since early Reagan.

“Gaming” the System, Again

By: Wednesday May 26, 2010 1:55 pm

The Bowles-Simpson deficit commission is hoping a computer game will educate Video Nation on the need for fiscal austerity. It’s been tried before.

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