We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Boy, this is gonna' fly fast and far with the Entitlement bloc. Ryan needs to learn that we have to nibble slowly around the edges for a long time to arrive at something like this, just like the commu redistributionists have done for the last several generations to get us where we are now. The alternative is to let our dysfunctional system go ahead and self destruct, then hope to form a functional system from the remnants.
Last year, Ryan & Co. offered a good budget. Senate Democrats refused, saying, "We don't need no steekin' budget!" Even after winning a lop-sided election victory in 2010, Republicans refused to defend Ryan's budget. To the Senate Democrats, they should have said, "No budget, no spending, not one red cent. Close the doors, send the workers home!" Instead, they caved. Which is why, as I've written here before, I am no longer a Republican, although I remain a Conservative. Will this year---an election year during which the Democrats will try to give the entire government store away---be any different? Has the Republican Party found a backbone? Yeah, sure. Are there palm trees and sandy beaches in Greenland?
But look at the time scale on that graph. We don't get rid of the debt until 2050. How slow does slow have to be?
I think the self-destruct scenario is more likely. After all, the future projection labeled "Current Path" presumes that someone out there is stupid enough to keep buying US Treasury securities and 'lending' us the money to increase the debt. At what point does just paying the interest consume the entire GDP?
Exactly...in politics like much of life you'll never get the ideal and the ideal is relative to the individual anyways, so the best you can do is go with the least worst option. It may sound cynical, but I think it is really simply pragmatic. Now while going with the least worst option available there is nothing stopping anyone from arguing for the ideal. Perhaps it will help shift the least worst options in a better direction.