Monday, November 16, 2009

What Kind of Fantasy World does Michael Ryan Live in?

Re; "Is government-centric approach hurting economy?" from the November 15th editorial page of the Augusta Chronicle.

In this editorial Michael Ryan proposes a "moratorium on the collection of income taxes," as a way to stimulate the economy. It's hard to believe he's serious, and it's kind of scary that such a stupid idea would actually be published in a newspaper of any circulation.

Mr. Ryan has been preaching constantly for the past few months about the conservative movement's fear of the increasing national debt. So what does he think will happen to that debt, if the government stops collecting revenue? The debt will increase astronomically. Moreover, the government will be forced to shut down because it needs money to run it. That's why we have taxes: to run the government. But, of course, Mr. Ryan has stated that he doesn't believe in government, so naturally, stopping collection of income taxes would be the easiest way to end government as we know it.

Where does he think the government gets the money to fight the war on those "Islamic Terrorists" he's so frightened of?

It's been proven many times over that lowering taxes doesn't stimulate the economy. It's a tired, ineffective gimmick. But to suggest a moratorium on collecting taxes is extreme and absurd and shows a complete lack of a sense of reality.

Earlier in this editorial, Mr. Ryan denied hating the president, and referred to charges that he hates the president as "cockamamie." If he doesn't hate the president, why did he call him a cold fish last week? Why does he still accuse him of being unpatriotic (see the flag pin label post on this blog)? Why does he cherry pick polls to show that his policies are unpopular? Why does he consistently bear false witness against President Obama as I've noted on many blog entries here?

Last year, Mr. Ryan blamed Obama for the falling stock market. Now that the stock market's up, he gives Obama no credit for its rise. Instead, in this editorial, he's blaming Obama for next year's unemployment rate which according to one study will be 13%. I predict the unemployment rate will decline next year, and Mr. Ryan won't give Obama credit for that good news.

Mr. Ryan points out that the current unemployment rate is higher than the Obama administration predicted. Supposedly, this means the government stimulus package didn't work, but this is not true at all. Without the stimulus package the unemployment rate would've been even higher. According to the November 15th edition of the Augusta Chronicle on page 1 of the Metro section in an article entitled "Stimulus saves teachers for now," the stimulus saved 400 jobs for two years in Augusta, and 16,000 jobs statewide.

Once again, Mr. Ryan fails to read his own paper.

It's likely we'll need an even more government centric approach to help right the economy.

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RE; "Will they try to fine us for this too?" also from this same editorial page.

I agree with Mr. Ryan on this one. The SEC shouldn't have the power to fine coaches for telling the truth when the referees stink up the field and make bad calls. There's no way, no matter what the Urban's Meyer's contract says, that this fine would hold up in a court of law.

1 comment:

  1. What makes Morris and Ryan think that the same policies the cons tried in 1984 (that didn't work), in 1988 (that didn't work), and in 2003 (that didn't work) would work today?

    Why can't the knuckleheads at the ACES get it through their thick skulls??? The supply-side economic policies they support simply do not work in the American economy.

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