In a Nutshell: The Force behind the Tea Party Movement
It’s a couple of days old, but extremely important. In this must-read column, Congressman Ryan sums up the raison d’etre of the Tea Party Movement… you’ll note racism is no part… AND at the same time explains the dismal approval ratings of Congress and the President, all while writing a prescription for responsible reform for Washington.
Here’s Congressman Paul Ryan.
This presumptuous [healthcare] reform has put this nation … once dedicated to the life and freedom of every person … on a long decline toward the same mediocrity that the social welfare states of Europe have become.
The problem in a nutshell is this: Medicare, Medicaid, and Social Security, three giant entitlements, are out of control. Exploding costs will drive our federal government and national economy to collapse. And the recession plus this Congress’ spending spree have accelerated the day of reckoning.
Today, Medicare is $38 trillion short of its promised benefits. In five years, the hole will grow to $52 trillion. Your family’s share of this gap is $458,000. Medicaid will add trillions more in state and federal debt.
Social Security’s surplus is already gone, and its debt is mounting. Unless its finances are strengthened, the government will be forced to cut benefits nearly 25 percent or raise payroll taxes more than 30 percent.
Both Republicans and Democrats have failed to be candid about this. And we have only postponed the crisis by shaking a tin cup at China and Japan.
In case you missed it, let me repeat the essence of the problem facing us, that Congress and the President are oblivious to:
Medicare, Medicaid, and Social Security, three giant entitlements, are out of control. Exploding costs will drive our federal government and national economy to collapse. And the recession plus this Congress’ spending spree have accelerated the day of reckoning.
