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Thursday, April 7, 2011

Paul Ryan’s promise: We will cut spending

HotAir.com

posted at 8:48 am on April 5, 2011 by Ed Morrissey




Paul Ryan may be Barack Obama’s worst nightmare. On the day after Obama launched his re-election bid with a soft, ambiguous, and oddly passive ad imploring people to come to his rescue, Ryan and his team have released a sharp, focused three-minute video on his plan to rescue America from its looming debt and entitlement crises. Obama and his fellow Democrats have chosen not to lead for short-term political gain. Ryan fills the leadership vacuum in three minutes, explaining the nature of the crisis in easily-understood terms, and the solution to it — cutting spending. If we don’t do that now, the federal government will have to take nearly 50% of the American economy in 40 years to meet its obligations:

Graphs and charts are good, but usually a little dry. Ryan makes them come alive in this video, as much as possible at least, and tells a story to which most people can relate. The presentation would have included a look at economic growth for the next 40 years, but the computer models kept choking on the conditions caused by out-of-control spending and entitlements, and couldn’t project past 2037.

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