May 24, 2017

Rep. Ryan Gets An Audience

July 22, 2010
The Wall Street Journal


Diane Lim Rogers, chief economist at the Concord Coalition, articulated another popular position: Yes, the deficit is unsustainable, but it has to be cut with a combination of spending cuts and increased taxes. Rogers offered a personal analogy. Years ago, she lost her freshman 15 at the University of Michigan through a combination of diet and exercise; Ryan’s plan, she said, put too much emphasis on dieting (spending cuts) and not enough on exercise (tax increases). Realistically, Rogers said, Americans will have to adjust to paying taxes at a higher percentage of GDP than the 19% that we have been used to historically.