We wonder if he’ll deny he ever advocated decentralizing the concentration of wealth, now that he’s on the campaign trail? Oh, well, he can always say he saw the light… in a mere four short months (he’s such an impetuous lad!).
Meanwhile, since when did his Social Security plan call for “no benefit cuts”?
But our favorite part is how Ryan practically calls George W. Bush a liberal! That right there should tell you just how far to the fringe-right Ryan stands — and how removed he is from reality.
“Ryan Said His Social Security Plan Would Redistribute Wealth In America. According to the Associated Press, ‘Ryan emphasizes the personal freedom he says his plan would give people, but he also strikes something of a socialist note in talking about its social benefits. “This might sound weird coming from a guy like me, but I think that it’s good for our country to decentralize the concentration of wealth in America,” he said. “This would literally move the concentration of wealth into the accounts of working men and women, into their names.”‘ [Associated Press, 1/16/05]”
“Ryan Said Some Ideas In Bush Social Security Plan Were Similar To Liberal Ideas To Redistribute Wealth. According to the Milwaukee Journal Sentinel, ‘Ryan has been far more vocal on the issue of Social Security reform. He is an ardent supporter of allowing workers to use the Social Security taxes they pay to set up personal retirement accounts. In fact, his own proposal calls for bigger accounts than Bush is proposing. Ryan’s plan also calls for no benefit cuts. Asked about Bush’s plan to trim back the growth in benefits for people above a low-income threshold, Ryan said, “It’s an idea that typically comes from the left, means-testing the benefit. … Liberals would prefer to redistribute wealth more, take away from higher income and give to lower income. That’s what this does.” Some conservatives who support Ryan’s approach have assailed Bush’s proposal on benefits. Jack Kemp, who was on the GOP ticket in 1996, called it a “bad” and “unnecessary” idea that might be political suicide for Republicans. Ryan said: “It may be a hard sell among conservatives. (But) I for one think we need to keep an open mind on these things.” Ryan said he’d continue to push for his own plan but expects some form of progressive indexing to make it into the final GOP package.’ [Milwaukee Journal Sentinel, 5/8/05]“
— “Paul Davis Ryan Research Report”
American Bridge via MeetPaulRyan.com, July 19, 2012
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