That’s Right Nate

Thoughts from a right thinker.

Republicans Offer a Budget We Can Believe In

with 4 comments

On April 1st, Representative Paul Ryan (R-WI) released a new Republican budget and it seems that for the first time in a long time, somebody is actually making economic sense.  Say what you will about George W. Bush and his sometimes inept foreign policy, if there was one thing that guy knew it was the economy.   Compare the economy during his first couple months in office to Obama’s first couple months and you immediately notice a big change.  The secret to Bush’s successful handling of our economy was large tax cuts for the wealthy and as you can see in the chart above, the new Republican plan repeats those successful policies.

Don’t get me wrong, the budget isn’t perfect.   A very small number of upper income earners will pay higher taxes under the Republican plan and it will cost the country $300 billion more than Obama’s budget plan.  Still, I can’t help, but think that tax cuts for the hedge fund managers, venture capitalists, and self storage managers that run this country is exactly the shot in the arm this economy needs.  Instead of raising taxes on the so-called wealthy the Republican plan gets rid of some of the deadwood in the public schools, police departments, and nursing homes across the country.

What is really apalling in the current Obama budget as opposed to the Republican budget is what it will do in 2035.  By 2055, just when the Republicans and our cyborg overlords are cutting government spending, the Democrats are increasing it.  If we don’t stand up to Obama and he does get two terms, this leaves us less than 40 years in order to change things and don’t even get me started on the 2070s.   Don’t be fooled by the closeness in spending in 2010.

I really believe that we have hit upon an excellent strategy for challenging the Obama administration.  By showing what we will be doing in the 2070s and 2080s, we can make a definite contrast between  ourselves and the Obama administration.   Now, granted some of these changes won’t really affect you or your kids or possibly your grandkids, but can our great-grandchildren really afford Obama’s risky budget?

The best part of this strategy is it reminds me of the the campaign strategy of  a certain maverick politician named John McCain who boldly gave us his predictions for four years in the future.

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Written by thatsrightnate

April 2, 2009 at 8:25 pm

4 Responses

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  1. I think you guys should definitely go with it. This budget really does seem to define the Republican party these days.

    zenyenta

    April 2, 2009 at 8:59 pm

  2. I definitely think it does

    thatsrightnate

    April 2, 2009 at 9:34 pm

  3. Seriously? The Republican budget plan would cost the US 300 billion dollars more than Obama’s budget? That should be hard to defend, especially coming from a party that is against government spending. Or is it?
    I loved the phrase someone said in an older post: “If English was good for Jesus, it’s good enough for us”. It really should be a bumper sticker. I’ll teach it to my students. I always learn a lot here, Nate.

    Lola

    April 3, 2009 at 7:39 am

  4. Lola, in the short term it costs more. By 2070 or 2075, we’ll make that up.

    thatsrightnate

    April 3, 2009 at 11:00 am


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