There is no deficit crisis

Jon Stewart touched on this same topic, and in his usual deftly humorous way, last night with “Ryan’s Private Savings”.

http://www.thedailyshow.com/watch/tue-april-12-2011/ryan-s-private-savings—republican-deficit-plan?xrs=share_copy

Basically, if you just let the Bush-era tax cuts expire, you’d achieve about the same level of deficit reduction that Ryan’s plan does. Just without the total dismantling of Medicaid, Medicare and Social Security.