It’s been a good couple weeks for Rep. Paul Ryan, the rising Republican star from Wisconsin, as his name is increasingly becoming synonymous with actual Republican policy. Obama called Ryan’s budget plan a “serious proposal,” while Ezra Klein calls it a “radical document.” (As Joe notes below, Ryan’s rising star has been targeted by House Democrats.) You can read the thing here. Or watch Obama discuss it here:
But Ryan’s star has some rough edges, according to some conservatives. On a few key votes, they argue, he has not been conservative enough. Matt Lewis, in the Daily Caller, lays out the case.
Though he talks like Nobel Prize-winning economist Milton Friedman, some of Ryan’s most high-profile votes seem closer to Keynes than to Adam Smith. For example, in the span of about a year, Ryan committed fiscal conservative apostasy on three high-profile votes: The Troubled Asset Relief Program, or TARP (whereby the government purchased assets and equity from financial institutions), the auto-bailout (which essentially implied he agrees car companies – especially the ones with an auto plant in his district—are too big to fail), and for a confiscatory tax on CEO bonuses (which essentially says the government has the right to take away private property—if it doesn’t like you).