Ryan's Budget: Reaction to Squandered Treasure and Time during the Bush-43 YearsQuicklink submitted by Hugh Campbell Permalink
|Squandered treasure arising from deficit spending, due to:
Wage the Iraq and Afghanistan wars
For Prescription drugs Medicare Part D costs, which now threatens to implode all of Medicare
Squandered treasure arising from loss of tax revenue, due to:
Two major flawed tax-cuts
Continuation tax-deferral on foreign income, which incentivizes the de-industrialization of America and the resulting off-shoring of jobs
Squandered time, due to:
Years of inattentiveness to the mercantilist practices, including currency manipulation of our trading parties, while U.S. office holders were distracted by the Iraq and Afghanistan wars
Yielding to pressures accelerating the U.S. Trade Deficit, in the name of international cooperation after 9/11
One reaction to Ryan's budget is a speech at the Democratic National Convention Sister Simone Campbell, "Nun from the Bus,' calls GOP budget "immoral'
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