In
the Army, the worst, dirtiest, and most dangerous jobs go to the
privates. Peeling some potatoes, digging some holes for latrines, or
hand to hand combat with the enemy, the privates never get the
glamorous jobs.
The
name “private” is synonymous with doing the dirty work.
That is what made the movie Saving Private Ryan so ironic. So
much effort for a dogface.
In
Washington D.C., there is a Ryan doing all the dirty work. Paul Ryan
is a Republican congressman from Wisconsin, and he recently, along
with Senator Patty Murray (D-Washington), put a federal budget
together that will fund the government for the next two years. The
federal government may actually have a budget!
Although
some Democrats may not like the agreement, it is the right wing party
of the Republicans that is most vocal about the new budget deal.
Ryan is a traitor. Ryan just killed his hopes to run for president
in the future. Ryan is a RINO.
Is
the agreement good for the economy?
First,
the economy hates, hates, hates, uncertainty. There is no doubt that
the uncertainty caused by Obamacare has been a drag on the economy.
A government that constantly creates doubt about whether a budget
will be passed, whether there will be more cuts in spending, whether
deficit spending is going to skyrocket again, is not good for
the economy.
This
agreement finally creates some confidence that the government is not
going to jerk around demand for the next two years. This is good.
The
agreement keeps most of the sequester cuts except for some increase
in military spending and a corresponding increase in domestic
spending. These increases total about $36 billion dollars. That is
about 1% of the total budget.
There
is no doubt that there are areas in the federal government that could
be trimmed (Dept. of Education, Dept. of Energy) but those cuts are
not remotely possible with the current makeup of Congress. These
increases, while not optimal, do address some pressing needs in the
military and not at a ridiculous cost. This is a minor bad.
The
agreement does, in a small way, work on decreasing the future payouts
of entitlements. This is a big step forward. If we have learned one
thing from the enactment of Obamacare (and there are so many more
than one thing) it is that huge, unwieldy pieces of legislation can
be hard to implement, hard to regulate, and can hurt many of the
people it is trying to help.
Almost
everybody (excepting a few on the fringe left) understands that
Medicare, Medicaid, and Social Security will have to be reformed or
they will bankrupt the country. This agreement allows for a first
step in the reformation of entitlements.
It
is small, incremental changes to entitlements that will allow the
entitlements to last long into the future and temper the unintended
consequences on people. Small cuts but also, in my mind, symbolic
ones. This is good.
This
agreement shows that thinking Democrats and Republicans can come
together and pass a serious piece of economic legislation. Keeping
legislators like Ted Cruz, Harry, Reid, and the president out of the
process obviously helped. This is good.
Paul
Ryan is the only person in America that annually produces a document
that shows a path to financial stability for the country. But far
from being an ideologue, he understands what he can gain in the
current environment and what the current economy can withstand.
Major
slashing cuts to government spending would not be helpful right now
to the economy. Calm consistency would be a wonderful reprieve. The
current administration would do well to rein in out-of-control
departments and agencies that keep changing the rules for business
through issuances of regulations.
Paul
Ryan is doing all of the dirty work to keep the government
functioning and helping the economy. Those on the far right
attacking Ryan sound like my three-year-old son when he did not get
his way and throwing a tantrum (only a couple of decades passing make
those tantrums now humorous).
In
a way, the far right tantrum is predictable considering it is
directed at one of the few adults in D.C. I
hope all of us work on saving our Private Paul Ryan and those like
him in Washington D.C. We need adults. The 20 million still looking
for work depend on it.
Adam Smith is obviously not the actual name of the author of this column. The real author has
worked for two Fortune 500 companies, one privately held company, and a public accounting
firm. His undergraduate degree was in accounting, and he earned an MBA for his graduate
degree. He also has completed coursework for a PhD. in finance. He continues to be employed
by one of the Fortune 500 companies.
The author grew up in the Washington D.C. area but also lived for several years in Arizona. He
currently resides with his family on the East Coast.
The author has held various callings in The Church of Jesus Christ of Latter-day Saints.