Where does Paul Ryan get his ideas? The nation’s most famous budget wonk, recently added to Mitt Romney’s presidential ticket, is more than a number cruncher. He is a conservative reformer on a mission to overhaul–critics say devastate–the role and size of the federal government. To hear Ryan tell it, his mission is about more than a reflexive “get government off our backs” instinct. It’s about a vision of government and society drawn from a range of intellectual influences: libertarian thinkers like Ayn Rand, free-market economists like F.A. Hayek and Milton Friedman, the Catholic theologian Thomas Aquinas, and others. “He does add another dimension” to the ticket, says Ed Feulner, president of the conservative Heritage Foundation. “Paul Ryan is more of a movement conservative, more a product of the conservative movement” than Mitt Romney. In this week’s issue, I zoom in on some of Ryan’s favorite thinkers look at how their ideas have influenced the political vision he could bring to the White House in January. Subscribers can read the story here.
Ryan did learn quite a bit from Rand: espouse independence and self reliance from the boogyman of the socialistic state, but when the chips are down bilk the system for all it's worth.
As it was 30+ years ago, it is today. Government is too big. Government has become the wall that is preventing the free market to be as it was intended. Simple solutions for supply and demand to allow our wallets decide, and not the government.
Amazingly the very free market manages to reap record profits after record profits until the same pity poor free market crashes the entire market but manages to get bailed out while the rest of us doesn't.
The interesting point of the walled decition is that righies want minimize the effect of it by restricting lawsuits and regulations. Where the cost of doing business becomes so miniscule that doing the wrong thing is more cost effective then doing the right thing.
In effect; by reducing the impact of 'govenment' the free market will do like it has done when it runs free and that is to pollute, rob, destroy and hord because there's no incentive to worry what a consumer thinks if the cost of screwing a consumer over has no teeth.
Look at any time period before labor and consumer rights and you have the type of 'free market' you advocate for. And ironically when you look at the time under labor and consumer laws you see a ever increasing width of well off middle class, more rich people then ever before and corporate profit. Whenever regulations are lapse, labor laws are few you see fewer but very super rich, shakier free market, smaller and incompetent wasteful governments and less power and rights for citizens.
The "free market" was not bailed out. GM and Chrysler were bailed out. The banks because of government regulations went amok were bailed out, or a full blown Depression would have been the result, but the free market had nothing at all to do with it.
And, no one is advocating for dirty water, dirty air or any of your other insane statements. Manufacturing is the main culprit of this type of pollution and that has been shipped to China where you see the same pollution there we had 30 years or more ago. You are still breathing that same polluted air, it's just floating over from China instead of right next door to your home.
Yes, free markets will reward people. There will be gazzillionaires as a result of their great ideas and concepts. But, the free market will also provide for jobs as well. As investors pump money into the concepts and ideas generated here, other people will benefit from a job. A job as a result of the free market, and not PROVIDED to someone as they do in China.
But go ahead. Advocate for your China-like country here in this country. As I explained below, once you do, you will live in a big government owned high rise, in a big room filled with tier after tier of bunk beds, and eat the same crap they feed to everyone. You will have no freedoms. You will have no liberty. All you will have is your little bunk bed right over top of some other slave.
The banks because of government regulations went amok
And, no one is advocating for dirty water, dirty air or any of your other insane statements.
Really? You want to remove regulations don't you? Why do you think we have regulations?
But, the free market will also provide for jobs as well. As investors pump money into the concepts and ideas generated here, other people will benefit from a job. A job as a result of the free market, and not PROVIDED to someone as they do in China.
And they can't do that now? And why didn't this magic happend during Bush where more and more companies left this country due to the free global market?
But go ahead. Advocate for your China-like country here in this country.
I don't even know what this means. That is exactly what you get when you argue for a unregulated market. That we saw before labor laws and that we see now in countries with little or no labor laws that gladly welcome our companies for that reason; cheap unregulated labor.
It's like your fantasy gets in the way of basic historical facts.
We are what we are today largely because of our labor laws and regulation that protects companies and consumers and we get to what we see in China when you have absolutely no restrictions for companies to do what they want to their labor in the name of profit.
When you remove labor laws you definately have no liberty whatsoever, as it has been shown in every country before the introduction of democratic governments that promised rights to all citizens and laborers as well as factory owners.
All you will have is your little bunk bed right over top of some other slave.That would be every single industrilized country before 1930's. You don't know shiat.
The free market is a Global market. Therefore Global cheap labor knocks the price of workers ever closer to zero. There's nothing that unshackling the market will do about the problem. Your prescription is designed to make matters worse and it's quite deliberate.
Your premise is that all workers around the globe will remain in those low paying jobs forever. We already have a situation where manufacturing jobs have been shipped overseas to countries that have a huge population that provides even more competition for those same limited jobs. The end result is a wage that is cheaper, which in turns provides for a cost of the good that is cheaper than when it was "Made in America".
People who had those jobs and lost them to our global workforce in India or China need to re-educate, re-learn another trade that will support the lifestyle they had grown accustom to.
Widget World - In Widget World it was located solely in the US at one time. It kept expanding because of demand for the widgets. As demand rose, so did the need for more and more workers. Widget World expanded overseas so cheaper and more workers were available. The prices for the widgets remained the same or got cheaper. Soon Widget World caught on that they could get cheaper labor in those countries and moved their manufacturing jobs out. In turn people here who made the widgets had to retrain and go find a job that paid the same or higher wage than they had before.
China has been the melding of a socialist system at the local level with billions of workers ready to take those cheap jobs in return for a government guaranteed bed in a tiered bunk, in a government provided housing unit and free food. All at the governments choosing. A company in this country cannot compete with a slave labor society. If the company did not expand out to for example to China, another company would have soon come along and provided the same or similar widget at half the cost. China has understood they can use these socialist ideals by making people work like slaves, but sell to the "Global Economy" on a free market basis which they take those dollars from us and provide the cheap housing, food and bunk beds to their slaves. In turn the elitists running the government live a life of luxury.
This country has always lived off the next new idea. The next Apple iPad. Now we have jobs for those who can understand and manipulate the iPad as teachers, import / exporters, sales, and so on.
How many times have you seen a Chinese product that China invented and sold it here in the US? Never. You see knockoffs, or where the Chinese steal our inventions or ideas, but there is never an original concept or idea. Free markets provide for that "new" idea. That new latest greatest gadget that everyone must own. We have lived on this principle for well over 236 years. Because our free market system REWARDS us to do it.
If you allow our government to continue it's growth and regulation of our free markets we will have to start competing with China for those widget jobs. Low paying, menial slave labor jobs. And we will lose, the reason is, we do not have enough people to compete.
Paul Ryan, the big idea guy, boosted his economic theory from a drug addicted, third rate Russian novelist, who jumped on socialist Medicare and Social Security the moment she was eligible.
Oh, and I prefer to have bodily autonomy and make my own decisions, thank you. Not the government and certainly not Paul Ryan.
"What Ayn Rand Taught Paul Ryan" by Michael Kinsley
"Paul Ryan laughed. He stood naked on top of the VP's desk in the Senate chamber scanning the crowd of snivling politicians below him. He flexed his muscles, the result of hours spent in the House gym. Look at those pathetic specimens he thought. Not one of them could do a one-armed push-up if his life depended on it.
Not one was worthy of cosponsoring Ryan's bills. Every single one had been elected by appealing to the average citizen in his (or her--Ryan snorted at the thought) district.
The president, Ryan's mind wandered as he thought about the only man who stood between him and absolute power is a weakling, a man whose views can change. The thought filled Ryan with disgust. His own views were of the only clear-thinking woman he had ever met, Ayn Rand"
Thanks. That's one of the best parodies of the opening to The Fountainhead I've read in awhile. But if Ryan really envisions himself as Howard Roark in black hair instead of orange, no one outside the teavangelical base will be laughing. Even Alan Greenspan never really shook off his Ayn Rand adoration.
It's amazing that the nut core of Paul Ryans big ideas are the same as that of the 1800's social darwinism ones. Concentrate more wealth and resources in fewer hands, restrict the authority of the government for and by the people and tax the rich less so they make do what they want in a unregulated environment and of course limit the rights of women.
By incident that's the same big ideas that plutocrats have shared for thousands of years.
Got any numbers Ryan has crunched lately? Last I heard he does not want to bore us or scare us with details. Prior to that he admitted the campaign had not crunched the numbers.
The trouble with relying on since-deceased thinkers to inform your economic theories is that it makes you impervious to new data. I'll start worrying about inflation just as soon as it appears that inflation might be a problem. In the meantime, we've got a faction in Congress who think that their mission is to choke the economy into submission for no other reason than to gain power for themselves.
And their leader gets glowing bio's that totally ignore the damage.
Perhaps we should ask Ryan to deal with things about which he is more knowledgeable than the modern American economy. We could start with the disastrous inflation in Weimar Germany -- I'm sure he knows exactly what to do about that.
Now all we need is a time machine -- and I don't mean TIME machine.
Hey Dirks, you said 8am today was the pass by - how did things turn out? I'm assuming well, since you're here.. ?
I'm on the little white dot just under that northernmost band to the right of Puerto Rico. At the moment it's cloudy and sunny and windy. And I'm heading off to work......
It's heading due west and it's still quite disorganized. It's projected to become a hurricane just as it hits Hispaniola. The island will then disrupt it and if it becomes a Hurricane again it will do so in the gulf just west of the FL coast.
Again, I'd like to personally thank the National Oceanic and Atmospheric Administration for the data I'm presenting.
Well, i hope it doesn't actually hit landfall - and if it does the damage is minimal.
Kind of an odd thing to hope for; but you know what i mean.