Maybe I should just let it go. But I took another look at what Paul Ryan had to say, and the audacity of his lying continues to haunt me, like one of those bad commercial jingles that lingers in your memory even though you wish it would go away.
"We know where this path leads—straight into a debt crisis, and along the way, fewer jobs, fewer opportunities, and less security," Ryan said, painting a desperate image of rising interest rates and inflating debt payments.
By "this path" he means higher taxes on the wealthy. Note that he does not explain why jobs were so plentiful in the 1940s and on up through the Reagan years, even when the top tax rate shot beyond the 90% mark.
But what really sticks in my craw is the reference to "rising interest rates." Say what?
I was under the impression that interest rates remain at a historic low
Conservatives have a strange obsession with economic problems that don't even exist. Throughout the 2009-2012 period, the right warned us the real issue confronting America was inflation. Not jobs, not outsourcing, not foreclosures -- inflation
. Remember when Fox News relentlessly pushed something called the National Inflation Association, which turned out to be a scam run by a couple of young scallywags, one of whom was the notorious Jonathan Lebed?