Wednesday, December 14, 2011

Runner up for Time magazine's Person of the Year:

Paul Ryan. Here's what Time has to say about the guy:
Through a combination of hard work, good timing and possibly suicidal guts, the Wisconsin Republican managed to harness his party to a dramatic plan for dealing with America's rapidly rising public debt.
Then there's this:
The supply-sider from Janesville, Wis., tapped into a deep well of anxiety over trillion-dollar deficits at home and the threat of debt-fueled calamity in Europe.
Two points. First, there was no anxiety over European debt when Ryan came out with his plan in early 2011.

Second point is that this line:
The supply-sider from Janesville ...
should read
The economic crank from Janesville ...
because supply-side is simply wrong. It doesn't do what it claims to accomplish.

FYI, it was David Von Drehle who wrote that crappy article


Paul Ryan would be a runner up only in a two-person race.

By Blogger Shag from Brookline, at 12/17/2011 3:54 AM  

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