Economic Quote: Krugman asks a question…
“14 million is a minimum estimate of the number of Americans who would lose health insurance under Mr. Ryan’s proposed cuts in Medicaid; estimates by the Urban Institute actually put the number at between 14 million and 27 million.
So the proposal is exactly as President Obama described it: a proposal to deny health care (and many other essentials) to millions of Americans, while lavishing tax cuts on corporations and the wealthy — all while failing to reduce the budget deficit, unless you believe in Mr. Ryan’s secret revenue sauce. So why are centrists rising to Mr. Ryan’s defense?”
Krugman calls it the “Gullible Center”, and I would agree. Why people who would suffer the most from Ryan’s budget accept the anti-Obama rhetoric coming from the right as their health needs are pushed into the economic toilet in order to favor tax cuts for the wealthy is beyond me.
An overall accomplished and hard working president is constantly attacked by Republicans, by lying Super Pacs and by corporations that benefit most from increased health care costs. The center must become educated so it won’t be “gullible.”
And what is the best way to do that? You tell me.
Posted on April 10, 2012, in budget, Business, campaign, Congress, Corporations, Economics, editorial, Education, election, ethics, Finance, government, Health Care, Lies, News, Opinion, Politics, President Obama, Press, quote, Taxes, Word from Bill and tagged Barack Obama, Medicaid, New York Times, Obama, Paul Krugman, Ryan, United States, Urban Institute. Bookmark the permalink. Comments Off on Economic Quote: Krugman asks a question….