Dean Baker | |
Co-Director of CEPR; Author, 'The End of Loser Liberalism: Making Markets Progressive' |
House Budget Committee Chairman Paul Ryan did a great public service when he released his budget last week. By throwing a piece of total garbage on the table and pretending it is a real budget plan, he allowed us to see who in Washington is serious about the budget and who just says things that will push their agenda.
It is easy to see that Ryan himself could not possible be serious about the document he put out as a "Path to Prosperity." The Congressional Budget Office analysis of the plan, which was prepared under Representative Ryan's direction, shows that all categories of government spending outside of health care and Social Security will shrink to 3.75 percent of GDP by 2050.
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