Saturday, August 18, 2012

Krugman on Ryan's Budget Plan

About what you'd expect, I'm afraid. We're doomed. Dr K explains.

So if we look at the actual policy proposals, they look like this:

Spending cuts: $1.7 trillion
Tax cuts: $4.3 trillion
This is, then, a plan that would increase the deficit by around $2.6 trillion.

How, then, does Ryan get to call himself a fiscal hawk?... 

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