Representative Paul Ryan (WI-1) warns that Obama Administration and Congressional allies are leading America towards a "fiscal train wreck" similar to that in Greece and Western Europe.
Rep. Ryan addresses The Ripon Society March 4, 2010
__________
The role of our government has historically been to equalize opportunity, Ryan stated. I think the new goal and rule of government with [the Democrats] agenda is to have government effectively equalize the results of our lives. That is really not what were all about. That is the idea that has been tried in these Bismarckian, Western European countries. And the results are really, really clear.
Lower living standards, higher unemployment, more social stagnation Europe is ahead of us in being a fiscal train wreck. But were not that far behind. Its a compounding of birthrates. Its a compounding of aging. Its a compounding of heath care prices and costs going up. What it all means is the social democracies of Western Europe have a huge mountain of debt that is coming.
We have seen it starting in Greece. We see Portugal, Italy, and Spain not that far behind. The euro is just hanging on by a thread. If we dont think its going to happen to us, get that thought out of your mind. It can and it actually will if we dont change course. And if we accelerate it by throwing all this additional government on top, it will clearly accelerate a debt crisis in this country.
This is a huge moment for our country, Ryan stated, referring to the coming endgame of the Democratic health care bill. Its a pivotal time for America. Its very important for us in the loyal opposition to oppose this, but also to offer ideas and alternatives. A lot of us have been doing that, and were beginning to get that message out.
we need more "social moderate, Fiscal Conservatives"
TheCmccartn 9 months ago