patrick.net

http://nymag.com/daily/intelligencer/2013/05/facts-are-in-and-paul-ryan-is-wrong.html

The first is the collapse of intellectual support for the notion that immediate austerity can boost economic growth. The second is a growing consensus that health-care-cost inflation is slowing for deep structural reasons, rather than having undergone a mere temporary dip from the recession. These trends have something in common: They blow to smithereens the intellectual foundations of the Obama-era Republican policy agenda. During the last four years, the hoary Republican nostrums of lower taxes, spending, and regulation have cohered into a specific view of the world. Paul Ryan has been the leading figure in defining this view and persuading...

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