Ryan’s budget asks nothing of the elderly — unfortunately

From the WASHINGTON POST Column:

Judging by the political reaction, you’d think that Paul Ryan’s budget takes a meat ax to Medicare and threatens economic havoc for the elderly. Just the opposite is true: The Ryan budget spares older people from almost any change or sacrifice — and that’s the problem. We have (and, to be fair, this is mainly the doing of Democrats and their intellectual apologists) made those 65 and over into a politically protected class, of which nothing is expected and everything is given.

It is impossible to have an honest debate about the budget — and government’s size and role — unless this changes, because aiding the elderly is now the main thing the federal government does. If you remove that, fearing a backlash from the 50 million or so Social Security and Medicare recipients, you condemn yourself to bad choices: (a) you can’t deal with deficits, which may crowd out productive investment and risk a financial crisis; (b) you must dramatically squeeze the rest of government, including the social safety net, defense and research; or (c) you must raise taxes sharply, which may further slow the economy…

There are two Ryans: what I call the good Ryan and the bad Ryan. Probably more than anyone in Washington, the good Ryan has highlighted long-term deficits’ potential harm to our children and grandchildren. The bad Ryan has fashioned an unrealistic and undesirable budget by trying to accommodate both liberal dogma (don’t cut Social Security and Medicare benefits) and conservative dogma (don’t raise taxes). Any sensible plan must do both…

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