With Mr. Ryan getting VP pick for Romney's campaign, that is otherwise devoid of any kind of policy, it is safe to assume that Ryan's budget and economical policy will be what this election is going to be about. So lets talk policy.

Ryan's plan calls for a number of austerity measures with steep cuts in spending, but also proposes a large cuts in already historically low taxes. Tax Policy Center predicts that Ryan's plan will reduce revenue by about $4 trillion over next decade and cut taxes in half for the top 1% . How is that suppose to reduce deficits or help the middle class?

Ryan's plan calls for switching Medicare to voucher system and getting them to buy their own insurance. Big question, is who is going to insure such at-risk population _individually_ ? Now this voucher program is where bulk of savings coming from, if this removed $4 trillion projected deficit will only go up.

So to me this looks like a version of Bush's cut & spend, minus "compassion". Instead it will be mostly throwing elderly under the bush to give cuts to the rich.


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