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Monday, April 2, 2012

postheadericon Pathway to prosperity: Prosperity for whom?

Congressman Paul Ryan recently released his latest budget proposal, which he called the “Pathway to Prosperity.” But if you look at the budgetâ€"even though it lacks specificsâ€"you have to wonder, whose pathway to prosperity?

It’s doubtful he’s referring to the majority of Americans who fall in the infamous 99 percent income bracket. For those individuals, this budget could lead to even greater financial insecurity.

Two areas of particular concern are Social Security and Medicare, which could change radically if the “Pathway to Prosperity” is adopted.
 
Ironically, Congressman Ryan should understand the need to continue to provide safeguards against unpredictable misfortune. He was just 16 when he found his 55-year-old father dead of a heart attack. His family benefited from Social Security in the turbulent aftermath of his father’s death. Ryan even acknowledges he saved his Social Security survivor benefits and used them to help get ! through college.

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