there is a difference and its an important one...

Reader comment on: Paul Ryan on MSNBC

Submitted by orange thunder (United States), Nov 3, 2011 16:58

Ryan is NOT claiming that the wealthy haven't paid their fair share to make his point. this is a short sound bite and I have heard others where he discusses his views on benefits for the wealthy. He says it's a shame that we have lied to them by telling them that the money they have paid in would be there for them, but it's a necessity to reduce those payments so the plan has any chance of surviving for the needy. He is not saying it's right to take their benefits just that we have to save the system from falling under its own weight. For the economy it is probably not as deleterious as raising taxes because people's behavior is less likely to change in negative revenue reducing ways as it would from higher taxes. I think because this clip was short and he doesn't explain that he hates backing out of a deal we made with people over decades but doesn't see any other choice. He often uses that as a segue way into that's why we have to establish private accounts for those in their 20's and 30's , so we don't have to take their money under false pretenses the same way.

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