|Indeed these fellows are two peas in a pod. They have spent their whole careers figuring out how to best re-distribute income upward and unfortunately for Americans with the help of like-minded souls in Washington have been pretty "successful" in doing so. Now this nightmare team is putting their heads together and what can we expect? They will be watching out for themselves and throwing most of America under the bus in the process.
The selection of Paul Ryan shows just where the heart of Mitt Romney lies. You see, Paul Ryan has a "blueprint" of how to further destroy the middle-class and now Romney has rubber-stamped it. Some of their plans for all of us??:
The Ryan budget blueprints would derail economic recovery and lower employment in the near term by prematurely cutting domestic spending.
Ryan's budgets make deep cuts to Medicare, Medicaid, and Social Security, as well as repeal the Affordable Care Act .
Ryan has proposed cutting non-defense spending and public investments-areas including education, infrastructure, and scientific research-to implausibly low levels that impede near- and long-term growth.
Ryan's budget blueprints shift the burden of taxation from the most upper-income households to the middle class, redistributing wealth up the income distribution.
Yes, Romney and Ryan want "sacrifice". However, they want you to do all the sacrificing by paying for their excesses once again. They will break your back to balance the budget. They are determined to steal your social safety net.
Why?? Because they are covered. Folks like them profited handsomely from their no-risk investments when they crashed our economy. What kind of sacrifice do they have in mind for themselves since we are being asked to give up so much?? Well once again the proof is in the pudding:
The arithmetic is clear: Ryan's policies would inarguably redistribute income from the middle class to millionaires. Under his Roadmap, households earning between $20,000 and $200,000 would see their taxes rise relative to current policy, according to the Tax Policy Center (TPC), and this increase would be used in part to provide tax cuts for higher-income households. Millionaires would see their average tax rate fall to 12.8 percent, less than half of what they would pay under current policy, for an average tax cut of $502,000. A family earning between $30,000 and $40,000 annually, on the other hand, would see an average tax increase of $494 and would pay a higher 13.9 percent tax rate (even though the facts resoundingly support raising more revenue from upper-income households as a pillar of long-run fiscal policy).
But of course as always with folks like Ryan and Romney it is not what is best for America that is in their hearts. It is what is best for them and how they can avoid sacrifice and continue the greed that has destroyed this country:
The Ryan Roadmap allows all income derived from investments and savings to be exempt from taxation. This means that taxpayers like Romney could opt to pay an effective tax rate that would be even significantly lower than the 13.9 percent tax rate he paid in 2010. This is because the Ryan Roadmap privileges income earned from holding wealth over income earned from work-capital gains, dividends, and carried interest income would all see huge tax cuts under the Ryan Roadmap. This priority of rewarding wealth over work epitomizes the need for a "Buffett Rule" that would help equalize the tax rates of households that earned most of their money from holding wealth relative to those that earned most of their money from working. This is especially important given that tilted distribution of capital income has been the largest factor driving income inequality wider over 1996 and 2006, followed by changes in tax policy which disproportionately benefited upper-income households (notably reducing the top tax rate on capital gains and dividends to 15 percent from 28 percent and 39.6 percent, respectively, over this period), according to the Congressional Research Service (CRS).
It is very easy to see what a Romney/Ryan Administration would promise America. More unemployment, more debt, and the loss of time-honored rights and the social safety net of millions of Americans as wages continue to stagnate, and jobs are shipped overseas to be performed by slaves for more profit.
America simply cannot afford Romney and Ryan and the orgy of greed their election would bring. Their idiocy has been tried before and failed miserably leaving America where she now stands. Giving the reigns over to these zealous Corporate whores at this time in our history would be suicide for America.