Paul Ryan Plans A CBO Rubber Stamp For Trickle Down Disaster

 Ryan Trickle Down

Objectivity, or the similar meaning non-partisan, is a central philosophical concept related to reality and truth. In general terms, it means being true outside of a subject’s ideological and individual biases, interpretations, feelings, and imaginings, and something is regarded as objectively true when it is free of partisan biases. More simply put, being objective is the ability in any context to judge fairly. In nonpartisan economic and fiscal policy estimations, objectivity is a protection against an ideological bent devised to favor oligarchs, and it has thwarted many  Republican efforts to give all of the nation’s wealth to the richest one-percent.

Americans had an objective, non-partisan, protection against the Koch brothers, Heritage Foundation, and Grover Norquist in the Congressional Budget Office (CBO) that estimated the damage in job and revenue losses and economic growth inherent in Republicans’ hallowed “trickle-down” economic theory and harsh job-killing austerity budgets. If Americans recall, it was the CBO that projected Ayn Rand devotee Paul Ryan’s Path to Prosperity budget would explode the nation’s deficit, crush economic growth, kill jobs, and starve the federal government of revenue. The Ayn Rand-Koch brother disciple has been thwarted often by the “unbiased” non-partisan CBO for nearly four years and he is taking steps to neuter them once and for all. Now that Republicans will control both houses of Congress, they have the power to fashion the CBO into a rubber-stamp for Grover Norquist and Koch brother economic policies.

Republicans in the House, led by Ayn Rand disciple Paul Ryan, have been quietly working behind the scenes to make sure the next head of the Congressional Budget Office (CBO), Congress’s objective eye in all matters concerning fiscal policy, is an ardent proponent of the Koch’s Americans for Prosperity economic agenda. Republicans have had just about enough of the CBO’s non-partisan bona fides, and with Ryan leading the charge will install a loyal Ayn Rand, Grover Norquist devotee to score Republicans’ trickle down tax cuts for the wealthy as god almighty’s means of increasing government revenue, creating millions of jobs, and bestowing millionaire and billionaire status on the entire population. The former CBO chief, Peter Orszag, explained recently that since the CBO has no institutional protections from the party in charge (Republicans) “fixing” fiscal policy proposals and estimates to fit its anti-government ideology, the days of the CBO’s non-partisan “scoring” over; and because the CBO’s “objectivity”  was maintained as a “fair and honest tradition” and not congressional policy, there is no congressional rule, court, or federal agency that can stop Republicans.

What that means for America is that every proposed tax cut for the rich, job-killing program, Social Security and Medicare privatization scam, and anti-government measure will be deemed an economic bonanza for all Americans. Likely, Republicans will appoint someone like Grover Norquist, or an employee of the Heritage Foundation, American Legislative Exchange Council (ALEC), or Americans for Prosperity who will deem every harsh Republican austerity cut and tax cut for the rich as job-creating revenue increasing marvel. The result will be that America will experience precisely what Sam Brownback has wrought on Kansas; job losses, massive program cuts, credit downgrades, epic revenue losses, and a fast track to bankruptcy; so Grover Norquist loyalists can “drown the federal government in a bathtub.”

What the Koch brothers will order is the appointment of someone like  Arthur Laffer as CBO head to use what is called “dynamic scoring” to rubber stamp each and every Republican budget proposal. Dynamic scoring is a favorite Norquist, Heritage Foundation buzz-word that means cutting federal revenue through massive tax cuts for the rich automatically leads to greater federal government revenue. In fact, the Heritage Foundation, Americans for Prosperity, and Wall Street titans use “dynamic scoring” for all their budget and tax cutting projections. It is what the Heritage Foundation used to champion Paul Ryan’s Path to Prosperity austerity budget they claimed will lead to an economic Utopia, massive deficit reductions, tens-of-millions of new jobs, and greater government revenue. It was, in fact, “dynamic scoring” that George W. Bush and Kansas governor Sam Brownback used to push tax cuts for the rich they claimed was the path to prosperity; some Americans, and Kansas residents, may be aware that fiscal policy did not work as conservative economic hacks advertised. However, they did blow up deficits, cut government revenue, and made the richest one-percent incredibly richer as planned.

For a brief refresher on what “dynamic scoring” wrought on stupid Kansans (they did just re-elect “trickle-down” Brownback), look at what the “experiment in conservative economics” created. Brownback brought in “trickle down” scam artist Arthur Laffer to convince Republicans that giving the wealthy massive tax cuts and cutting education, healthcare, and infrastructure programs to death would be a government revenue bonanza, create a million jobs, and make every Kansan rich beyond their wildest dreams. The results, of course, were precisely the opposite and exactly what “official” incoming Senate Majority Leader Mitch McConnell told Brownback Republicans lusted to do in Washington when they controlled both houses of Congress.

Kansas Republicans started with a budget surplus and squandered it on huge tax cuts for the rich that Laffer promised would instantly increase state revenue and a job creation explosion. Kansas is going broke and predicted to be bankrupt within two years, job creation is lagging the entire nation, and it is all down to giving tax cuts to the rich at the expense of the state’s economic life. Trickle down Brownback then signed another trickle  down package of $1.1 billion in tax breaks for the rich that promptly created a record revenue shortfall and two more credit downgrades; something the CBO determined Paul Ryan’s budget would do if enacted.

After the first round of Brownback’s gifts to the rich, the Kansas GOP chair Rochelle Chronister railed against Brownback’s trickle down disaster because the massive tax cuts would “bankrupt the state within two years.” Still, Brownback argued that trickle-down economist Arthur Laffer assured him that according to “dynamic scoring,” the massive tax cuts and program cuts would increase economic growth, increase government revenue, and lead the nation in job creation.  Thus far the “State general fund revenue was down over $700 million from last year” as of June, and “a greater revenue loss “than the state had in the whole three years of the recession” according to a Kansas Republican budget guru. Now that Republicans will have an Arthur Laffer or Grover Norquist leading the CBO, Americans can look forward to every Republican austerity and tax cutting budget being deemed as a job creating, revenue increasing, and economy growing plan exactly like Kansas and they will use the failed “dynamic scoring” scheme as proof their plan is not a disaster.

`The CBO, as a non-partisan objective entity, was the last line of defense against a Republican economic disaster that will make Kansas and Bush-era economics look like an economic boom. With a Grover Norquist, Stephen Moore, or Arthur Laffer lying about the devastation of harsh austerity and trickle down tax cuts for the rich, Koch brother employee Paul Ryan and Republicans will hold up the CBO as proof America needs to go the way of Kansas. Based on the results of the midterms, there are as many Americans that are as stupid as Kansas voters who will fall for Republicans’ trickle down scam again; especially with a conservative Congressional Budget Office assuring them that this time, the thirty-year trickle down abomination will make them millionaires.

14 Replies to “Paul Ryan Plans A CBO Rubber Stamp For Trickle Down Disaster”

  1. Republicans love this new health care plan. Too bad it’s basically a tax cut for the rich.

    True to form, conservatives are praising a policy proposal that will deprive millions of Americans of insurance

    Like I said before 19% of America voted to keep the teahadist in control. Every year 18% of Americans are diagnosed with a mental illness.

    The inmates are in charge of the asylum. I would like to thank everyone who will stand in line for hours even days for a goddamn video game but couldn’t take time out to vote

  2. Like I said before 19% of America voted to keep the teahadist in control. Every year 18% of Americans are diagnosed with a mental illness.

    Co-inky-dink? Not likely. [wink]

  3. These people like Ryan know full well that their economic policies are not designed to do what they claim they will do, they know they have lied for thirty years, and they know there are enough stupid people out there who will believe them.

    All these working-class people who consistently vote for these clowns, and believe every word they say don’t realize that people like Ryan look down upon them as the fools they are, they probably can’t believe that that many people still buy their voodoo economics BS.

  4. “I would like to thank everyone who will stand in line for hours even days for a goddamn video game but couldn’t take time out to vote”

    I am in total agreement with that statement. This is going to be a miserable two years. I hope at least now the Democrats in Congress will grow some and start fighting back. It’s obvious the Democrat voters don’t have the heart to.

  5. After reading this article I have only this to say… Over MY Dead MotherF…ing Body!!! They want a fight I say we give it to them! It’s time to stop screwing around put Ryan and his Nazi ilk on the back of milk cartons!!!

  6. I do believe this is fascism at work. Mercifully, Obama will veto any bill that makes it out of the Senate if the Democrats are too stupid to filibuster properly.

  7. Maxie 2014:
    If Sen. McTurtle doesn’t “nuke” the filibuster, as he said he’d do last year if he became Majority Leader….
    I’ve been correctly calling the GOP Fascists for more than three years…
    So, why are people JUST NOW coming to this realization? What took you so long?!? ssmdh

  8. What is gonna take to make them see? That they are the oppressed or at least will be come January. I don’t care if your white. You gotta be rich for these AH’s to give a crap about you. We are truly doomed. Do you know how long it will take to get back to our regular way of working and getting jobs and having a middle class? Does THAT not mean anything to you people on the right. You are going to end up living in the very black neighborhoods that you cheer these cops killing kids. IT WILL BE YOUR KIDS NEXT dying by the gun. They already are by your white counterpart. But you have it set in your white brain so well that not to worry..that will never happen to us. Until it does. And it will. And I won’t sympathize with you because you didn’t sympathize for anyone else but yourself. Now watch what that gets you from the GOP. YOU POOR POOR FOOLS

  9. Andy,

    Welcome to the club, we have cookies. Many have been calling a Fascist, a Fascist for many years now.

  10. The Wall Street Journal’s Damien Paletta reported on Twitter that the deal was falling apart and that a White House spokesperson said President Obama would veto it anyway. Sen. Reid’s office also contacted ThinkProgress and denied it “signed off” on any deal without commenting on the specifics of the story.

  11. They’ll lie and lie some more and the bought off press will help them take us all down to an upper class,lower class country with an oligarchic class a lowly worker class and a menial task class and we’ll al be back to living like industrial aged England in an upstairs downstairs world.

  12. This post I find extremely disturbing. Can you imagine if the parties were reversed and Democrats were pulling this? The thing is I believe that it would happen. These ReThugs are always looking to go around a fair process. This move is very likely to destroy the credibility of the CBO. Ryan is being vindictive because the CBO didn’t buy his budget when he was running with Mitt. After all, Scarborough made him out to be some kind of “budget guru”, it must have gone to his head. So much so that Ryan thought that he could tell Americans anything, even if it was not true. Americans have been feeling a distrust of government…this will not help.

  13. Wasn’t during the Bush administration that they wanted to kill the Department of Commerce’s census statics department because we don’t need all those nasty statistics to tell the nation how it is doing. Now we will see if they can dummy down the CBO so it approved all their voodoo economic theories.

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