Friday, October 12, 2012

Paul Ryan, Neither A Guru Nor A Wonk


Paul Ryan debated Joe Biden and proved to be a dud. The encounter happened on October 11, 2012  because Mitt Romney who is running for President of the United States, invited Ryan to join the ticket and run to be his Vice President. The debate he had with the sitting Vice President Joe Biden unmasked him as being not the expert on the economy or the guru on the budget or the wonk on the deficit he was billed to be, but a run of the mill blabber mouth that is more susceptible to being programmed than to generating thoughts of his own.

When the moderator, Martha Raddatz asked the candidates to tell how they would fix the American economy, Ryan rattled off a litany of the symptoms affecting it without giving details of the plan that he and Romney have in mind to relieve those symptoms or even cure the illness they say is causing them. Instead, he described the economy as “limping along,” growing at only 1.3 percent and where the creation of new jobs is slow. He added that twenty-three million Americans are looking for work, that fifteen percent of the population live in poverty; and this means the recovery is not at the level where it should be in his estimation.

But what will he and Romney do that is different from what is being done now? To answer this part of the question, Ryan mentioned the five-point plan that Romney discussed before he chose him to be his running mate. The first point is about getting America energy-independent by the end of the decade which is something that has been talked about since the early Nineteen-Seventies – four decades ago. The second point is to help the people get the skills they need to get the jobs they want which is something that has been talked about since the Seventeenth Century – four centuries ago. The third and fourth point have to do with getting the debt and deficit under control which is something that has been talked about since the beginning of time – more than four millennia ago.

As to the fifth point, it is about not raising taxes on the rich to reduce the deficit because these are the people who create jobs, says Ryan. To answer the question that was raised on taxes: “If your ticket is elected, who will pay more in taxes? Who will pay less?” Ryan repeated the old talking points of his campaign unaware, apparently, that the discussion had progressed beyond them. Here is where he was stuck: “If you taxed ... businesses making over $250,000 at a hundred percent, it'd only run the government for 98 days.” Thus, he offered what he said was a better solution: “lower tax rates across the board and close loopholes.” But the idea that closing the loopholes will generate more in taxes than the entire taxable income is worth, has created the image of a hole that is bigger than the doughnut – an intolerably absurd view.

For this reason, the Wall Street Journal – which is a mega surrogate for the Romney-Ryan campaign – ran an editorial on the same day under the title “Obama's Disappearing $5 Trillion” and the subtitle: “The President's advisers concede 80% of Romney's tax-cut math.” In it, the editors tried to smooth the absurdity not by acknowledging its existence but by laying the blame on the beholder.

They did so as can be seen in the subtitle by saying that the President's advisers were the ones to concede 80% of the math. Hey guys, nobody outside the Romney campaign made it sound like the doughnut was one big hole and no dough. Thus, by accusing the other side of conceding 80%, the editors of the Journal have, in fact, conceded the 20%. And this is to admit that under the Romney-Ryan plan, the middle class will pay 20% of the 5 trillion dollars in extra taxes; something that was vehemently denied by the Romney campaign since the start. And this is what the debate was about in the first place.

Instead of being “with it” and picking up the debate from this point to advance it further, Paul Ryan did the following: “let me tell you about the Mitt Romney I know.” He went on to tell a personal story of kindness. But what was conspicuous by its absence were the charitable donations that Romney has been making over the years to a church in which he is a bigwig; so big in fact that he has the biggest say if not the only say as to how the tax free money that comes in is spent. This is called serving the self through charitable donations that are tax exempt to the donor, and tax free to the recipient, both of which are one and the same. The wealthy Jews who donate to the local Jewish charities or to Israel, operate on that same principle, and they are doing very well at the expense of the other American taxpayers.

Other than that, the tape and the transcript of that debate are out. When you go over them, you are hard pressed to find anything that Paul Ryan has said to indicate he knows enough about the economy, the deficit, the debt or the budget that will help pull America out of its current predicament.