Let The DEMagoguery Begin
Today, Republican Congressman Paul Ryan laid out his budget proposal to balance our budget within 10 years. Under this plan, our federal government will spend $41 trillion and no more than it collects in revenue - 19.1% of GDP. This will be $4.6 trillion less over the next decade without raising taxes and not even cutting spending but simply slowing the rate of growth. But perhaps the biggest sources of controversy are the assumed repeal of ObamaCare and his proposed reforms for Medicare and Medicaid. By the end of this week, I expect the Democrats to be back to full-on apocalyptic mode in response to Ryan's budget proposal. Before Ryan even revealed the details of his budget proposal, Democrat Rep. Steny Hoyer had already labeled Ryan's budget "the latest installment in a tragic budgetary trilogy," which is "expected to rely on spurious budget trickery to reach its goal." The key point that you have to remember is that it is not the goal of Democrats or the Obama administration to balance the budget; Jay Carney admitted this yesterday during his press briefing. This is a key difference, because when the Democrats and Republicans work together in the coming weeks on their budget differences, they aren't even aiming for the same goal! Perhaps we will be left with a President who tries to present a "reasonable" approach to budget talks, while allowing the rest in his party to do the dirty work for him. Don't worry, either way we will have Democrats claiming that Paul Ryan wants to push granny off a cliff. It is only a matter of time. For more on Ryan's budget proposal please click here.
Walter Mead, a James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College and Editor-at-Large of The American Interest magazine joined Sean in the show's second hour to discuss America's fast energy resources. He and Sean discussed the possibilities of redeeming America's economy through production of natural gas. Prof. Mead explained that if we're able to do on site production, with a steady supply of gas we'd be able to put people back to work. Additionally, if we build refineries and keep our production up, we'll become a reliable resource for our own nation and also the rest of the world. Environmentalists are stuck in the wind and solar bubble which is excessively expensive, Mead explained. These same environmentalists are unable to see that natural gas is not only more accessible, but more affordable. California, which is in bankruptcy, has an abundance of natural resources, which would put many of its residents to work and eliminate the possibility of economic downfall. If America taps into its assets, we could assume this role as the world's leading exporter of natural gas. To read Prof. Mead's blog, please click here.
Outrageous Statement of the Day
Yesterday, a New York judge put a stop to Nanny Bloomberg's large soda ban in New York City. The judge called it "arbitrary and capricious." I couldn't agree more. This last-minute dose of sanity had many conservatives and rational-thinking Americans happy that reason had trumped nanny government...for now. But on the other hand, liberals took to defending Nanny Bloomberg and his efforts to have government make decisions for you on everything from your salt intake to the size of your sugary drinks. Piers Morgan is one of those defending Bloomberg. He said last night on his program, "I think people need the nanny state occasionally, particularly on issues like smoking, drinking, guzzling sodas that are too big for them, eating 16 Big Macs a day. Whatever it may be, the reality is we all need a little bit of nannying about us." Liberals hate the idea of individual responsibility and the ability of people in a free market to make their own decisions. Somehow liberals believe that it is the role of government to legislate behavior and that government knows best. Conservatives have a big problem with this mentality and for good reason.