August 17, 2012
By naming Paul Ryan as the Republican vice presidential nominee, Mitt Romney has endorsed what used to be known as "voodoo economics" -- and restored that special brand of Republican superstition to the center of national debate.
To take Ryan seriously, as all too many pundits and politicians insist we must, requires everyone to behave as if the plans he produced as House Budget Committee chairman represent a meaningful effort to improve the nation's fiscal future. Sooner or later, however, real analysts will scrutinize the Ryan budget using honest math instead of humbug and magic.
In fact, they already have done so -- and that is where the myth of Ryan as a serious, scrupulous and bold reformer begins to disintegrate.