gwydion: (biohazard)
[personal profile] gwydion
I just saw a breaking news naming Paul "Lets get rid of social security to pay for even more bonus tax cuts for the rich" Ryan as Mitt Romney's VP pick. Yuck. Looks like the .01% is really doubling down on the class warefare against the rest of us. Normally campaigning on making grandma homeless and starving and without access to health care would be ballot box poison, but the Republicans have disenfranchised so many of the elderly, I'm guessing they are betting that votor suppression has insulated them from the third rail of American politics. Let's hope that's not the case as the scale of misery involved in turfing all the retirees who aren't rich out of their apartments and facilities is going to take us to a whole other level of terrible. I am hard put to think of anything more damaging to the economy than taking all that money out of circulation and squirreling it away in Swiss Bank accounts too. After all, social security checks are currently worth 1.80 of economic activity for every dollar in them, while tax cuts for billionaires are worth .30 for every dollar wasted on them. We are talking full blown Great Depression with job losses to dwarf the Bush Recession on top of massive public sector firings Ryan's budget also requires, and of course the strain the massive homelessness they are planning to create directly and on purpose. I'm not convinced our country could recover from the damage a Romney/Ryan presidancy will do in our lifetimes if at all.

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