Just last year the Congressional Budget Office (CBO) released a report licentiously entitled “Trends in the Distribution of Household Income Between 1979 and 2007.” Now, the CBO is the very entity to which Congress itself appointed all economic analysis and budget score keeping, and which is generally regarded as nonpartisan and above-the-board objective. The report revealed some rather damning “trends,” not least of which is that the 1 percent of the population with the highest income saw their after-tax household income grow by 275 percent, while the 20 percent of the population with the lowest income saw theirs spittle at 18 percent. Indeed, while 99 percent of the American households saw their total market income decrease – cash wages, salaries, capital gains, etc. – the rich 1 percent actually saw theirs double.
What else is new, right? Well, on the very same day, October 25, 2011, one Paul Ryan – better known as the chairman of the House Budget Committee than the VP to be in 2012 – wailed against the class warfare rhetoric of Obama at the Heritage Foundation and stated:
“Telling people they are stuck in their current station in life, that they are victims of circumstances beyond their control, and that the government’s role is to help them cope with it – well, that’s not who we [i.e., Republicans] are.”
Q: So which is more ironic? Saying this on behalf of the House Budget Committee while the CBO releases a report that not only details the staggeringly disproportionate distribution of wealth in the last three decades, but actually explains the factors contributing to the inequity, OR that less than a year later, Paul Ryan would be the running mate for one Mitt Romney, who ran for president as the Republican nominee who (now infamously) said this at a private fundraiser:
“There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to healthcare, to food, to housing, to you-name-it – that that’s an entitlement, and the government should give it to them.”
A: That if anyone’s dependent on government, it’s the rich for all the welfare they receive, to which they most surely feel entitled.
(Incidentally, did anyone else, upon first seeing the Romney-Ryan campaign logo, also think of Rolls Royce?