So, there's a new report [pdf] out on the budget plans of the various candidates. I think it can be pretty easily summed up in a simple chart: ( Read more... )
That's not particularly surprising. It's obvious that none of the candidates except Paul are really interested in deficit cutting. Their main goal, as usual, is to ensure that rich people can become even richer -- I hope this is because they honestly believe this is the best thing for everyone and not just because they're corrupt, but I probably shouldn't cling too strongly to that hope.
No plan to address the deficit and debt can be taken seriously if it doesn't deal with Social Security, Medicare/Medicaid, and military spending. As far as taxes, I personally favor the "lower rates and close loopholes" approach, but even the straight Republican "cut taxes for rich people" would work if it were combined with serious proposals to deal with the big three.
The thing is, at least with Santorum, he does plan to deal with SocSec and Medicare, by adopting the Ryan plan. The issue is he just cuts so many taxes so deeply on top of that, he ends up with this huge increase in debt overall.
Yes, but IIRC Santorum has only adopted the Medicare/aid portions of the Ryan plan, substituting his own (larger) tax cuts for the rest of the budget proposal.
You left out some pieces of info. For example, you left out that this was the estimate in the intermediate situation and is the estimate for 2021. You would have been better served using the Debt Impact(% of GDP) numbers, which is: Gingrich=30%, Paul=-9%, Romney=1%, and Santorum=19%.
Also, where did you get the estimate for Obama? I didn't see it in there (although I didn't read all of it).
Apologies, I got it from the story that linked me to the report, and didn't notice that it wasn't in there. It's from this Atlantic piece. I'll edit to add that in. It's a good article in that it responds to a lot of the criticisms of the Obama numbers, to boot.
I'll believe conservatives are fiscal conservatives when they start showing the willingness to cut our ridiculously large and poorly-accounted military budget.
And he got booed last night for talking about the insane amounts of money we have, but you know there are times Ron Paul like many libertarians his age just come across eccentric and really crotchety--- just like Ross Perot.
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No plan to address the deficit and debt can be taken seriously if it doesn't deal with Social Security, Medicare/Medicaid, and military spending. As far as taxes, I personally favor the "lower rates and close loopholes" approach, but even the straight Republican "cut taxes for rich people" would work if it were combined with serious proposals to deal with the big three.
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Gingrich=30%, Paul=-9%, Romney=1%, and Santorum=19%.
Also, where did you get the estimate for Obama? I didn't see it in there (although I didn't read all of it).
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Remember him?
http://www.hulu.com/watch/4266/saturday-night-live-ross-perot-for-president
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