Ryan’s Poverty Proposals ‘Racist’?
Any ‘Republican’ plan is dubbed racist.
Larry Kudlow: “[Rep. Paul] Ryan also has been criticizing the 50-year War on Poverty, where perverse incentives have ‘isolated the poor from the rest of America in so many ways.’ According to Ryan, we now have ‘intergenerational poverty, and people are trapped in poverty.’ Ryan argues that government programs have created huge barriers to work. For those trying to get out of poverty, high marginal tax rates can run upwards of 80 to 100 percent. Such is the case with Obamacare, where the CBO has estimated an equivalent loss of 2.5 million jobs. It’s the same for other social programs, where those who try to climb the ladder of success quickly lose the government benefits and may be pushed into a higher tax bracket. This all has to be changed. Bizarrely, Ryan’s courageous analysis and proposals to solve inner-city poverty have been labeled ‘racist’ by a number of left-wing bloggers and writers. This is nuts. The Left keeps throwing money at poverty that keeps getting worse. But if a Republican tries to solve the problem with a new incentive structure, the Left pulls out the race card.”
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