I haven't had a chance to say anything about the Ryan budget plan that was released today, but Paul Krugman has:
Flimflam Forever: I took Paul Ryan’s measure two and a half years ago. All the Very Serious People were very angry with me — Ryan was the Serious, Honest Conservative, the guy centrists demonstrated their centrism by praising. But he was an obvious phony. His “plan” was all smoke (I couldn’t even find any mirrors), with all the alleged deficit reduction coming from closing tax loopholes he refused to specify plus projected reductions in discretionary spending that he also refused to specify. Meanwhile, he was pursuing radical redistribution away from the needy to the wealthy.
Nothing has changed, except that the plan has gotten even crueler.
So while I may do some analysis later today, the only really interesting question is how the VSPs will react. Have they had enough of the Flimflam Man? Or does hype spring eternal?
If you think the middle class has it too good, too much security, taxes aren't high enough, not enough fear of unemployment, too much help for education, and so on, while the wealthy haven't been coddled enough in recent years, not enough tax cuts, too little upward redistribution of income, not enough bank bailouts, etc., etc., then [this proposal] should make you happy.