On Mon, Apr 11, 2011 at 4:27 PM, Gruss Gott <grussg...@gmail.com> wrote:
>
> First off, I really applaud the guy for making a sincere effort, no
> matter what you may think about how he gets the job done (which, btw,
> is 25 years away in his plan).

Err, what makes you think that it is a sincere effort? He wouldn't
even use real numbers like, say, the CBO, in his proposal but instead
cherry picks from "reputable" places like the Heritage Foundation and
then twists even those partisan figures so much that the original
authors disavow them. His predictions are based on a belief that tax
cuts for the wealthy will push us to 2.8% unemployment for Christs
sake which is over what the Reserve Board considers full employment.
He estimates one million new private sector jobs *next year* and
unemployment rate of 4% by 2015. Those are not realistic numbers.

Moving Medicare from a defined benefit to a defined contribution model
won't do much for holding down health care costs, imho. And he doesn't
really touch on defense spending at all as far as I'm aware. So if you
don't hold down the rise in medical costs and you don't hold down
defense spending, I just don't see that you've done much for
structural long term debt. I'll wait and look for a plan that actually
genuinely addresses those issues.

Judah

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