The Ryan Plan Isn’t “Serious”

Economist Bob Murphy spells out some real facts about the fascist Ryan Plan:

To be clear: The Ryan plan — even using its own numbers — has the federal government running a fiscal deficit this year, next year, the next year, and so on, until about 2038. So under the Ryan plan’s own rosy forecast, the federal budget won’t actually be balanced for almost three decades. Does that strike most readers as “savage” budget cutting that recognizes the fiscal emergency upon us?


We don’t have until 2038 to balance the budget.

In fact I think it’s pretty much too late to stop the train wreck that’s coming no matter what the criminal looters do.