At a speech at Georgetown on March 27, Ryan was asked about student debt and had no concrete plan. He replied with "opportunity" for students by an "agenda project."
Interestingly, Ryan leaves out that the Obama administration already has achieved many of the agenda's objectives regarding economic growth. Unemployment at 4.7% reported June 3 is less than half the rate it was at the time of the crash Obama inherited in 2008, reversing 800,000 per month job losses then. A CBO report just out shows that 2013, the year Obama negotiated with Congress for higher tax rates on the very wealthy, is the only recent year that income disparity in the U.S. actually decreased.
Ryan warned the Georgetown audience, "You will be the first generation less well off." If government takes away health care, Social Security, food and jobs, that's exactly what will happen.
Ryan is wrong; the safety net has not failed, but if his agenda passes, it most certainly will.
Robert Weiner was a spokesman in the Clinton White House, spokesman for the U.S. House Government Operations Committee, and chief of staff of the House Aging Committee. William Kim is economic policy analyst at Robert Weiner Associates and Solutions for Change.
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