Rep. Paul Ryan (R-Wis.) understands that he has to both explain the debt problem and propose a solution. His first public education tool is this video:
A few observations: Ryan is young (and looks younger than he is), giving some oomph to his generational argument. Moreover, Ryan will later today make the case that a debt crisis is only a few years away. Democrats have been peddling the notion that we aren’t at a crisis point. But once the public understands the magnitude of the problem and some basic realities ( you can’t fix the problem by cutting foreign aid, earmarks and NPR), then the argument will be joined: Ryan’s solution vs. what?
And for those who argue that the debt crisis is make-believe stuff, I suspect Erskine Bowles, Alice Rivlin and other responsible Democrats will be happy to dispute that. Really, who is going to defend the president’s budget that imagines debt will reach nearly 90 percent of GDP in 10 years?
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