How to fix the budget

by Shihang

The drama over the American budget has seen another development recently. Paul Ryan has unveiled his budget, and since I know relatively little about American policies, I leave respected political commentator Ezra Klein to summarise his plans.

To the untrained eye, his plan seems like old style aristocracy wrapped in malice, served with blind faith sauce, a dash of ignorance and a side of delusion.

Anyway, there’re plenty of angry commentators, so here’s Democracy in America and Free Exchange with extremely sensible points. Paul Krugman is predictably (and very rightly) snarky.

Note that the predicted unemployment rate is being ridiculed. Hahaha.