Let a Democrat, modern-day economic policy leader explain it to you: Paul Ryan’s budget is “sensible…honest, serious.”Wednesday, August 15th, 2012
In response to Baja Democrats’ post today on a long-forgotten Republican economics luminary from 30 years ago (David Stockman) writing in two publications that would rather commit seppuku (look it up) than say anything honest about Republicans (Rolling Stone and the New York Times), let me respond with the words of Erskine Bowles. The former Chief of Staff for Bill Clinton, and the Democratic party’s lead on the recent Simpson-Bowles deficit-reduction commission.
Why is this important? Erskine Bowles has a long pedigree as a Democratic budget thinker — and presidential adviser. When Barack Obama needed to pick the co-chair for his deficit committee, which he roundly ignored in the end, he chose Bowles to represent his side on the panel. Bowles served as Bill Clinton’s chief of staff, and earlier ran the Small Business Administration for Clinton. Ezra Klein predicted on Friday that Bowles would be the front-runner for Tim Geithner’s job at Treasury if Obama wins a second term.
For comparison, the last time David Stockman was in a position of authority in a Republican administration, I was a lieutenant in Germany watching the Soviet Army.
Having read what Erskine Bowles just said about Paul Ryan’s budget proposals, go reread Baja Democrats’ post.
To be clear, Bowles didn’t agree with Ryan’s budget. However, Bowles clearly considers Ryan to be…well, as he said, sensible, honest and serious.
Apparently Bowles and Stockman will have to agree to disagree. The question is, dear reader, who do YOU consider to be a more thoughtful and responsible authority on Paul Ryan’s economic opinions? I’ll go with Erskine Bowles here.