Paul Krugman says Paul Ryan is an empty suit whose budget plans are ridiculous. No arguments there, as we’ll show. But the problem with Ryan isn’t that he’s an Ayn Randian, as Krugman absurdly suggests, or that his proposals are too draconian. As usual when Krugman gets one right, he gets it right for the wrong reason. Ryan’s proposals are much too timid, they take domestic “savings” and pour them into military boondoggles, and don’t do a thing about entitlements.

Krugman Column

“The Crazies and the Con Man” (Oct. 12, 2015)

Related Krugman Items

“Paul Ryan: Centrist Crush”
“Saving Serious Ryan”

Contra Columns and Background

“How Draconian is the Ryan Plan?” by Bob Murphy
“Classic Ron Paul: Restore America Now Budget Plan”
“House Overwhelmingly Approves Spending Measure that Rolls Back Sequester,” by Ed Krayewski
CBO analysis of Ryan budget proposal, 2011 (PDF)
“10,000 Monkeys Tapping an HP Calculator: Even Palin Figured Out Congressman Paul Ryan Is a Fiscal Fake,” by David Stockman

Related Episode, Tom Woods Show

Ep. 287 The Pentagon’s Fake Austerity
Ep. 222 Ron Paul: A Glimpse Behind the Scenes

Books Mentioned

The Politically Incorrect Guide to American History, by Tom Woods
Meltdown, by Tom Woods

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