If you are like me, you may not know exactly what the "Paul Ryan Plan" is. These videos may help to clear it up!
This post embeds three You Tube videos of Congressman Paul Ryan speaking on the disaster which is our national economy and how it has to be repaired. That these are subjects with which he is intimately familiar comes across quite well during his presentations, which are clear and persuasive. To the extent that the electorate is interested in substance, his points will be extraordinarily difficult for Team Obama to rebut with ad hominem slanders of the sorts it has thus far presented to distract voters from critically important issues affecting all of us.
Debt shouldn’t be a big problem. Debt takes care of itself in a well-run expanding economy, but we have a contracting economy. We are suffering a demand drought: not enough consumer spending, and that is the big part of the economy, about 70%. We need more spending money in the hands of our best consumers, the lowest paid people. But too much money is stalled in retained earnings accounts, about $5-7trillion, where the investors and so-called “job creators” have stuck it because there is no demand. No businessman will invest when he doesn’t have customers. We should tax that dormant money and give more to the poor and low-paid who are high efficiency consumers.