Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.
If you've ever planned a road trip, mapping your route ahead of time makes a big difference: which way will allow you to travel with the least amount of traffic, major city rush hours, or road construction? Often a little planning ahead can save hours being stuck in a traffic jam. Certainly there is no sense to chart a course leading to a bridge closed for repairs. No reasonable person would say, the only bridge ahead is closed, but we'll make such good time before the bridge, we'll pick that route anyway.
Yet this is what our government is doing by ignoring the coming Social Security/Medicare crisis. Politicians don't want to deal with that reality. They know it is going bankrupt, but their attitude is, we'll cross that bridge when we come to it. "There is a growing, bipartisan consensus about the greatest threat to our nation's long-term economic prosperity: the explosion of entitlement spending." (Ryan)
Last week, Congressman Paul Ryan proposed his "Roadmap for America"--a very practical and pretty painless way to shore up Social Security, Medicare, and the tax code. Ryan is planning the future path for America that allows us to make good time and still cross that bridge in the future, and he does it without massive tax increases. He said in an interview:
I am raising the same rate of tax revenue as today, but I am preventing them from doubling in the future. I am proposing to tax 18.5 cents out of every dollar to run the government as opposed to 40 cents out of every dollar. Spend the money more intelligently. The 1st $39,000 (after deductions) for family of 4 is tax free. After that, the first $100,000 is taxed at 10%.
Ryan also bravely addresses Health Insurance and Medicaid in addition to Social Security, Medicare, and Tax Reform. Simply ignoring these pending problems will not make them go away. Ignoring these entitlements just increases the problems and costs. Hopefully Ryan's route will Not be A Road Less Traveled:
There is no threat to our nation’s fiscal health greater than the coming deficits from unrestrained growth in Social Security, Medicare, and Medicaid. Already Social Security and Medicare consume 7.5% of our GDP. Unless changes are made that figure will jump to 13% by 2030.
Bravely stepping in to offer a policy solution, Rep. Paul Ryan (R-WI) has introduced a plan he calls “A Roadmap for America’s Future.”
Read through Congressman Paul Ryan's plan in the Wall Street Journal: How to Tackle the Entitlement Crisis for Health Insurance, Medicaid and Medicare, Social Security, and Tax Reform.
We cannot afford to ignore this any longer. Our children are the ones who will pay for our failure to deal with these growing problems. Ryan writes:
According to the Congressional Budget Office, Social Security, Medicare, Medicaid and the rest of government will consume nearly 40% of the economy by the time my [Paul's] three young children reach my age (38). This will require more than doubling the average tax burden of the past 40 years just to keep the government afloat. Continuing down this path will eventually strangle our economy.
Once we come to that "bridge", there is no easy way to cross it. The time to deal with it is NOW! The question is: Do we have any politicians brave enough to do the right thing?
Congressman Paul Ryan is a member of the Congressional Budget Committee and the Ways and Means Committee.
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Links:Brookfield7, Fairly Conservative, Betterbrookfield, Vicki Mckenna