courseofhistory
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- Aug 7, 2012
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Ryan knew this back in 2008....thus he knew the track that Bush and congress had put us on with their added 6 trillion to the national debt, and the continuation of these legislated programs that occurred under president bush, were going to bankrupt us.....Ryans been on top of this for years, While Obama and the dems spend us into oblivion
.Rep. Paul Ryan, whom Republican presidential candidate Mitt Romney has picked as his running mate, told CNSNews.com four years ago, in August 2008, that the U.S. was heading toward bankruptcy on the fiscal path it was then following and that it would be mindboggling to make the problem worse by adding the sort of health-care plan that then-Sen. Barack Obama was advocating in his presidential campaign.
CNSNews.com asked Ryan: If our country, if the federal government of the United States, stays on the fiscal path it is currently following, is the government going to go bankrupt down the road?"
Yes. We know that for a fact, said Ryan. All the actuaries, all the objective score-keepers of the federal government are predicting this. So, this much we know. What we know is our government is growing at an unsustainable pace and it will overwhelm our economys ability to pay the bills.
Since CNSNews.com first published Ryan making this prediction on Aug. 4, 2008, the debt of the federal government has grown by $6.35 trillion--rising 66 percent, from $9,565,042,361,845.53 then to $15,915,814,457,919.46 now
Debt Up $6.35T Since Ryan Predicted--in 2008-U.S. Was Headed Toward Bankruptcy | CNSNews.com
interesting....
And the stock market crash, the housing bust, the bank crisis of 2008 and the biggest recession since the great depression hadn't even happened yet in August 2008 when Ryan predicted this.....
Again, interesting....
And you guys want to put ALL of the blame for this on to President Obama now....?
Triply interesting....
Ryan knew all of this was going to happen, BEFORE Obama was even elected...hmmmmm....that should tell ya something if you know how to think, and be objective imo.
Also Ryan helped increase our national debt by funding the Bush wars outside the budget and by voting to expand the government in at least one of his votes as a congressman.
Ryan is also known as having a deep allergy to debt. But such a concern isnt evident in his voting record. He voted for the George W. Bush tax cuts, as well as the war in Iraq and the unfunded Medicare Prescription Drug Benefit. Perhaps his most ambitious policy proposal prior to his celebrated budgets was the Social Security Personal Savings Guarantee and Prosperity Act of 2005, a plan to privatize Social Security. The programs actuaries found that Ryans plan would require $2.4 trillion in additional costs over the first 10 years, and the Bush administration ultimately dismissed it as irresponsible.
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