Once lauded by the Washington press corps for his “courage” and “honesty” in confronting federal deficits and the national debt, Rep. Paul Ryan (R-WI) wrote a budget that almost sank the Republican Party — and may still damage its prospects — because he proposed to dismantle Medicare. Yet his party still relies upon Ryan to speak on behalf of its most important constituency, now known in America and across the world as “the one percent.”
Addressing the right-wing Heritage Foundation on Wednesday, Ryan sought to discredit Elizabeth Warren — the Massachusetts Democratic Senatorial candidate, Harvard faculty member, creator of the Consumer Finance Protection Agency, and enemy number one of Wall Street cheaters — for daring to utter an obvious truth. While praising the creativity and industriousness of entrepreneurs, Warren recently pointed out that business cannot thrive without functional government providing police and fire protection, safe and efficient transportation, educated workers, and myriad other public services.
Copyright 2011 The National Memo