Congressman Paul Ryan, Republican of Wisconsin,
is far from reality. He would slash programs — Medicare, for example; and set Social
Security to the winds of free enterprise. The GOP program is this: keep cutting taxes and programs–nothing more. It’s all a sham — helping big business create new markets that shouldn’t exist. It is a basic appeal to the ignorant. The harangue of creeping American socialism under a socialist president is nonsense.
Paul Krugman says it well–economic collapse in Europe was inspired by mortgage-hungry bankers, taking a cue from their American brethren. It was not a result of liberal spending and social programs. Krugman’s call to reality is worth reading: “American conservatives have long had their own private Europe of the imagination — a place of economic stagnation and terrible health care, a collapsing society groaning under the weight of Big Government. The fact that Europe isn’t actually like that — did you know that adults in their prime working years are more likely to be employed in Europe than they are in the United States? — hasn’t deterred them. So we shouldn’t be surprised by similar tall tales about European debt problems.”