10 Things Mitt Romney and Paul Ryan Don't Want Americans to Know
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Like Mitt Romney (“I love data”), Republican vice presidential Paul Ryan is fond of proclaiming, “I’m a numbers guy.” As it turns out, there are many numbers Ryan is not fond of at all. After all, following his first big moment in the national spotlight, the Mitt’s number two was pilloried for his Republican National Convention speech chock full of omissions, misrepresentations and outright lies about taxes debt, Medicare and so much more. So when Rep. Ryan regurgitated his bad math during last Thursday’s debate in Kentucky, Vice President Joe Biden eagerly highlighted the malarkey for over 50 million viewers.
They may love their cooked books, but Paul Ryan and Mitt Romney can't handle the truth. And the only way they can win is if you don't know it. Here, then, are 10 things they don’t want you to know.
1. Economists Warn Romney-Ryan Plan Means Huge Job Losses Like Mitt Romney, Rep. Ryan will claim that the GOP ticket will produce 12 million new jobs over the next four years. What Ryan won't mention is how they'll do that, or that forecasts this year from Moody's Analytics, Macroeconomic Advisers and the nonpartisan Congressional Budget Office already projected that based on recent trends the U.S. economy will generate roughly 12 million jobs by 2016 anyway. But a Romney-Ryan ticket isn't planning to do nothing in office, but instead intends to implement draconian spending cuts that studies suggest could cost up to 600,000 jobs in 2013 and another 1.3 million in 2014.
It's no wonder a survey of hundreds of economists by The Economist found that "by a large margin they rate [Obama's] overall economic plan more highly than Mr. Romney's, credit him with a better grasp of economics, and think him more likely to appoint a good economic team."
2. Romney and Ryan Both Supported Social Security Privatization Paul Ryan didn't merely call Social Security a "Ponzi scheme." In 2005, he authored legislation to privatize Social Security that was so extreme even the Bush administration labeled it "irresponsible." (Part of his original "Road Map for America's Future," Ryan quietly dropped privatization of the retirement program for 46 million seniors from his 2010 GOP budget.) Romney, too, repeatedly offered his support for diverting trillions from the Social Security Trust Fund into private accounts managed by Wall Street firms during the 2008 campaign ("that works") and in 2010 book, No Apology. But given the staggering unpopularity of Social Security privatization, Romney is quick to deny that it is his current position.
3. 98 Percent of Congressional Republicans Voted for Ryan's Plan to Ration Medicare In the spring of 2011, 235 House Republicans and 40 GOP Senators voted for the Ryan budget's proposal to transform Medicare into an under-funded voucher program dramatically shifting the cost of health care onto America's seniors. Confronted with the inescapable conclusion that his proposal would inevitably lead to de fact rationing, Ryan protested:
"Rationing happens today!" The question is who will do it? The government? Or you, your doctor and your family?"
Ryan, of course, omitted the real culprits: private insurers. Which is why the 2012 version of the Ryan budget (similar to the Romney plan) maintaining the traditional "public option" as one choice for future Medicare beneficiaries now 55 and younger will nevertheless still lead to cherry-picking of healthier seniors and higher costs for everyone.
4. Ryan Budget Takes $716 Billion from Medicare to Give Tax Cuts to the Rich Nevertheless, as he did at the RNC, Congressman Ryan will doubtless charge that $716 billion has been "funneled out of Medicare by President Obama." Ryan's baseless claim, deemed "flat-out wrong" by BusinessWeek and "repeatedly debunked" by the New York Times, tries to ignore that the Affordable Care Act extended the life of the Medicare Trust Fund by 8 years and expanded seniors' prescription drug benefits and preventative care by slowing the growth of payments to private insurers and providers. (It is precisely these overpayments Mitt Romney wants to restore.)