Tuesday, August 14, 2012

Erskine Bowles on Paul Ryan's Budget

The real cause of Americans' cynicism about politics is their understanding that country's predicament is real and that the political classes refuse to get real about it. Here is where Paul Ryan is a breath of fresh air. He has put forth the only serious budget proposals in recent years and he does numbers! Erskine Bowles, the former chief of staff to President Bill Clinton and President of the North Carolina University system, looks like a Harvard don, glasses and all. President Obama appointed him and former Republican Senator Alan K. Simpson to head the National Commission of Fiscal Responsibility and Reform (the Simpson-Bowles Commission.) Here is what he had to say about Ryan's budget proposal in 20011:
  A few days ago, the Washington Post's Ezra Klein speculated that Erskine might be Obama's next Treasury secretary.  Given the politicized nature of the current White House, do not bet on his being Tim Geithner's replacement.

No comments: