Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Wednesday, March 13, 2013

Paul Krugman: Paul Ryan's Budget Plan 'Has Gotten Even Crueler'

Perhaps Paul Ryan is just trolling Paul Krugman at this point.

Krugman, the Nobel Prize-winning economist and New York Times columnist wrote in a Tuesday blog post that the congressman’s newest budget proposal is much like the last one, except worse -- slashing government spending in the name of budget tightening, while actually hurting the nation’s most vulnerable in the process.

“Nothing has changed, except that the plan has gotten even crueler,” Krugman wrote.

The House Budget Committee chairman's newest plan calls for balancing the budget over the next 10 years by repealing Obamacare and making cuts to social safety net programs like Medicare and Medicaid.

Andrew Fieldhouse, an analyst at the Economic Policy Institute, a progressive think tank, estimates that the plan would cost the country 2 million jobs in 2014 alone.

The former Republican Vice Presidential nominee is no stranger to Krugman's criticism. When Ryan was first gaining recognition in 2010 for his laser focus on slashing spending and balancing the budget, Krugman referred to his proposal as “a fraud.” And the economist-slash-pundit didn’t have kinder words for last year’s version of Ryan’s budget plan either, calling it “a fake document” and “just a fantasy.”

Original Article
Source: huffingtonpost.com
Author: Paul Krugman

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