In 1992, after graduating from college with a BA in economics and politics, Paul Ryan worked as a waiter, a fitness trainer and as a staff member for Republican politicians. In 1997, he briefly returned to Wisconsin and worked as a marketing consultant. A confident lad, young Paul realized that real life experience wasn't a job requirement for Congressfolk. So, in 1998, he up 'n ran for Congress!
With his first important vote in 1999, Mr. Ryan backed the Financial Services Modernization Act which removed safety barriers between banks, security companies and insurance companies. (We now know the result: a devastating financial melt down in 2008.) But hey, everyone makes mistakes ... especially freshmen.
Then, Mr. Ryan voted for the Iraq War Resolution, as did many in Congress.
But he did not support budgeting the tremendous cost of the war. This lack of planning repeatedly resulted in hundreds of billions in "special appropriations," further adding to our national debt. Ooops!
Next, Mr. Ryan voted for Medicare Part D (the prescription drug benefit).
This liberal, social benefit is deficit financed and therefore, it also increases our national debt. Now, to "save money" he wants to restructure Medicare so that seniors will not be protected from the inevitable increases in health care costs which the Medicare drug benefit exacerbates by subsidizing the cost of expensive drugs.
In 2004 and 2005, as the economic bubble was inflating with the assistance of leveraged derivative trading enabled by the liberalized rules for banks, securities, and insurance companies; Mr. Ryan pushed the Bush administration to propose the privatization of Social Security. Mr. Bush unwisely spent political capital on this after the 2004 election, but failed to sell Mr. Ryan's risky idea to most of us. Eventually he gave up. Thank goodness!
After the stock market tanked in October of 2008, it was clear that Mr. Ryan's "fix" for Social Security was dangerously flawed. Another big mistake! But Mr. Ryan knew what to do.
The terrible economic crash inspired Mr. Ryan to vote for the $575 billion TARP (bank bailout) and the $ 27 billion bailout of GM and Chrysler. (Approximately half of that money has now been repaid to us taxpayers.)
Mr. Ryan is now chairman of our House Budget Committee! Let us ask ourselves: "Is this the best guy for the job?" Amazingly, in 2011 Chairman Ryan voted against the bipartisan Simpson-Bowles recommendations to reduce the national debt by combining spending cuts with tax increases. Mr. Ryan claims to be a fiscal conservative, but his voting record screams:
"Fiscal irresponsibility!" As he speeds us towards the "fiscal cliff," Chairman Ryan is recklessly ignoring bipartisan pleas to: "Slow down!"
Since he's been chosen to be Vice President, we should look at the rest of his resume: Mr. Ryan has never held statewide office and has no foreign-policy experience. He does however, have lots of unwarranted confidence. This guy knows little about the real world in which most of us live and his votes have proven to be awfully expensive for taxpayers; but alas, he never seems to be in doubt.