Obama campaign: Ryan stands for ‘flawed’ economics

Agence France-Presse
The campaign says Paul Ryan 'rubber-stamped the reckless Bush economic policies that exploded US' deficit

WASHINGTON, United States – President Barack Obama’s campaign warned Saturday that Mitt Romney’s new vice presidential running mate Paul Ryan stands for “flawed” economic policies that would repeat “catastrophic” past mistakes.

“As a member of Congress, Ryan rubber-stamped the reckless Bush economic policies that exploded our deficit and crashed our economy,” Obama’s campaign manager Jim Messina said in a statement.

“In naming Congressman Paul Ryan, Mitt Romney has chosen a leader of the House Republicans who shares his commitment to the flawed theory that new budget-busting tax cuts for the wealthy, while placing greater burdens on the middle class and seniors, will somehow deliver a stronger economy.”

Messina highlighted Ryan as “the architect of the radical Republican House budget” and said he backed Romney’s plans for a $250,000 tax cut for millionaires, and deep cuts in education spending.

And with an eye on a crucial voting demographic, Messina said Ryan’s budget would end the cherished Medicare health care system for seniors and turn it into a voucher system.

“Now the Romney-Ryan ticket would take us back by repeating the same, catastrophic mistakes.” – Agence France-Presse

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