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[Jacob Kornbluth – The Romney Ryan Economic Plan] Source: LYBIO.net
Mitt Romney hasn’t provided details of his economic plan. So we should be grateful he selected his vice president a man with a detailed plan the bombing says is marvelous bold and exciting excellent much-needed consistent with his own plan. So let’s take a look at the five basic features of this marvelous Ryan plan.
First it would boost to unemployment because it’s lashes public spending next year and the year after when the economy is still likely to need a boost not a fiscal drag.
It would be the same austerity traffic now throwing European recession. According to the economic policy institute Ryan’s plan would mean one point three million fewer jobs next year, than otherwise, and two point eight million fewer the year after.
Second one we take from lower-income americans and beauty to the rich who already have the big issue of america’s total income and wealth in almost a
His plan would raise taxes on families earning between thirty and forty thousand dollars, by almost five hundred dollars a year and slash programs like medicaid food stamps and children’s health.
And what would one do with these savings we’d use taxes on millionaires by an average of over five hundred thousand dollars a year.
Third Ryan wants to turn medicare into out yours that won’t keep up with the rising cost of health care. Thereby shifting the burden on the seniors
standing there guaranteed health coverage and leaving them at the mercy of insurance companies.
By contrast all bombers affordable care act saves money on medicare by reducing payments to medical providers like hospitals and drug companies.
Fourth Ryan onestat add money to defense while cutting spending on education infrastructure and basic research and development. America already spends more on defense then the next five biggest military spenders put together.
Our future productivity depends on the public investments ryan wants to cut.
Finally lines but it doesn’t even reduce the federal budget deficit not for decades.
Remember he’s adding to military spending giving huge additional tax cuts the very rich and stifling economic growth by cutting spending to early.
The center for budget and policy priorities estimates the Ryan’s road-map would push public debt go for a hundred and seventy-five percent of gross
domestic product by 2050.
So there you have it. The Ryan Ryan Romney economic plan and the five reasons why it would be a disaster for America.
Director / Producer: Jacob Kornbluth
Camera: Rick Symonds
Camera: Oliiver Elliott
Teleprompter: Mike Fleming
Jacob Kornbluth – The Romney Ryan Economic Plan. The Ryan Ryan Romney economic plan and the five reasons why it would be a disaster for America. Complete Full Transcript, Dialogue, Remarks, Saying, Quotes, Words And Text.