Home > Economy, Paul Ryan, Republican Party > Ezra Klein interviews Paul Ryan

Ezra Klein interviews Paul Ryan

This blog has covered a fair amount of Rep. Paul Ryan, 1 Republican I know of who is willing to be serious even if I disagree with much of his short-term prescriptions. Here’s his interview with Ezra Klein.

Do you worry that even if you got your spending cuts, the American economy will suffer? A report released by the National League of Cities, the National Association of Counties and United States Conference of Mayors said they’ll have to lay off 500,000 people in the next few years if they don’t get some fiscal relief. That’s 500,000 people on the unemployment rolls.

I’ve always believed we need automatic stabilizers. We need a safety net. But I think it’s becoming equally important to show we’re not going to borrow endlessly. I also think it’s a bad idea to bail out states from making the necessary decisions they need to make to increase and fix their structural deficit problems. All you’re doing then is putting their liabilities on the federal books. And I assume those jobs are mostly public sector jobs. If you focus on those, that money comes from the private sector. The money isn’t free. It’s being taken out of the private economy and pumped through the private sector. The right path is to keep the money in the private sector and so they have money to invest. We should focus on growth in the private sector, not growth in the public sector.

I disagree on transferring aid to the states, but if more Paul Ryans populated the Republican Party we’d all be better off.


(image by Joshua Roberts/Bloomberg)

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