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Does Paul Ryan Really Scare Seniors?

Posted By PK    Last updated August 17th, 2012 11 Comments

Spoiler alert for anyone who is still ignoring the Presidential race,  Republican Mitt Romney has picked Paul Ryan (a Representative from Wisconsin) as his running mate in the 2012 elections (and President Barack Obama and Joe Biden work out some kinks).  The battle has already begun as each campaign has pivoted from talking about the economy to talking about how their opponent will cut Medicare to the bone and leave millions of seniors without health care options.  If talking about Social Security and Medicare is the third rail of American politics, then the best way to describe the current atmosphere is be to say that the candidates are trying to push their opponents onto the track.

Picture of Paul Ryan

Hide Granny! Or Should You?

In the Red Corner, you’ve got Paul Ryan’s Path to Prosperity, a “radical” budget which eases off the accelerator enough that the US would catch up to its widening deficit in the 2030s.  In the Blue Corner, you’ve got the Patient Protection and Affordable Care Act (so-called “Obamacare”) which cut $700 billion in future Medicaid spending (which is sort of like you saying you will spend less money in a year than you previously wanted to do).  The Blue charge?  Republican are coming to push Granny down the stairs!  The Red Charge?  Democrats have already pushed Granny down the stairs, and gravity is starting to take its toll.  Toss in a little “well, he did it first” and you’ve got the trappings of an interesting Political Season!

Ryan’s Cachet with Seniors

Before the Ryan pick, most political commentary has concentrated on things like Mitt Romney’s effective tax rates and Mitt Romney’s IRA.  Post-Ryan?  The aforementioned race to label the other guy a Granny-pusher.  Of course, how the macro race is labeled is a big deal… there are some indications of inside the beltway Republican indigestion, and over the weekend there was some confident predictions on the Democratic side that “The Republicans just ceded Florida”.  (More charitable observers said “Traded an in-play Florida for an in-play Wisconsin”).  Implied, of course, is Ryan’s plan has made him public enemy number 1 of the retired or soon-to-be crowd, a staple of Florida.  Does that view hold up to the spotlight?

Not at all, as it turns out.  I found only two polls on the subject taken post-Ryan-VP, and another ‘classic’ poll before the race which might tell us something.  The three polls are from Rasmussen,  ABC News/Washington Post, and Gallup.  First up, here’s the two Senior ‘approval rating’ polls on Paul Ryan:

Poll Name Approve Disapprove Voter Type
Rasmussen 59 29 Likely Voters
ABC/Wash. Post 46 28 Adults

As you can see, there is heavy Ryan approval from the senior set, at least if these two polls tell us anything.  On the ‘seasoned’ poll side the question was about whether the Ryan plan or the Obama plan was a better plan for dealing with the national debt.  (It was taken in 2011 and the Path to Prosperity was first released in 2009)  The numbers for the 65+ crowd?  48%/42% for Ryan/Obama, with 10% unknown.  Perhaps the electricity in the third rail is turned off?

On ‘Common Knowledge’

The absurdity of the oft-stated ‘facts’ that get repeated by beltway insiders and journalists is pretty ridiculous when a third rate writer on a site with a confusing url can debunk statements with 5 minutes on Google.  Just because you hear something on TV doesn’t mean it’s correct – and even if it has been correct in the past, it doesn’t mean that it will be the same in the future.  We only have so many elections to base our ‘common political knowledge’ on, so again, beware of silly information masquerading as common sense.  Things only stay the same until they don’t.

However, there is one thing that we know will be true when the election comes to a close: the losing side will get a label as a poorly run campaign, while the winning campaign will be remembered as brilliant.

What’s your reaction to the Paul Ryan pick?  Who pushed Granny down the stairs/over the cliff/onto the tracks?  Are you paying attention yet?

 

 


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  • AverageJoe

    Just because you hear something on TV doesn’t make it correct? Alert the press! Oh, wait!

    I find the whole media/politics thing frustrating. Thanks for that five minutes of debunking!

    • http://www.dqydj.net/ PK

      I would go so far to say that what you read is way more likely to be true than what you see on TV. Luckily, Youtube ‘holds their feet to the fire’, so to say, heh. You can’t get away with denying speeches, monologues, and other quotes from the past!

  • http://twitter.com/familymoneyblog John Preston

    Personally, I’m surprised at the predictions and think the Politicos have overestimated the importance of a) the Vide Presidential pick b) turning the Vice President’s accomplishments into the defacto Presidential platform.

    The theory is that Sarah Palin proves you can elevate a VP over the frontrunner and Ryan’s is open season all over again. However, Palin is Palin. She made herself a liability through poor personal appearances and the fact that Democrats convinced voters that McCain was all but sure to die in the next four years.

    It’s not McCain/Palin was special. It’s a formula that only worked for them. And as far as whether Mediscare will work, the Bob Turner special election showed otherwise. Turner ran on Obama’s less than enthusiastic policies towards Israel, the Democrat ran Mediscare; Mediscare lost in a liberal town.

    • http://www.dqydj.net/ PK

      My issue with the whole 2008 thing? A ticket of Reagan/Abe Lincoln with Ike at Secretary of Defense wouldn’t have won in 2008. No (R) was winning considering the horrible timing of that economic cliff (see what I did there?) in Sep/Oct of that year.

      I’m not personally a huge Palin fan, but I do think she is blamed far too often for something that she couldn’t really prevent. I mean, Alaska doesn’t contribute that much to GDP, last I checked.

  • Andrew @ 101 Centavos

    If come September/October we have a repeat of the 2008 market meltdown, how much of a issue (or non-issue) will health care be for seniors?

    • http://www.dqydj.net/ PK

      For better or worse, Retirees tend to feel somewhat detached from the economy. They want to ensure they can keep cashing those checks – so I think if Mediscare actually sticks, it could be a big deal regardless of economic posturing.

  • http://www.myjourneytomillions.com Evan@MyJourneytoMillions

    I am not sure I am a huge fan of the pick. I really like Ryan on CNBC which he used to be on pretty often, but he is a little to conservative when it comes to social issues for my taste. Feels like I am forced once again to pick the lesser of 2 evils.

    • http://www.dqydj.net/ PK

      Go ahead, THROW your vote away!

      Cheer for divided Government? I like to look at few laws being passed as a good thing, even though the media gets indigestion.

  • Pingback: Black Coffee: Spoiled Kids, Sad Husbands and Other Sorry Schlubs « Len Penzo dot Com

  • http://www.facebook.com/people/Karen-Kinnane/1058152521 Karen Kinnane

    Ryan’s health care plan will not effect any person 55 or older, that group will retain Medicare. For those 54 and younger there will be health care vouchers which will allow the person to SHOP for medical services, and thereby create incentives to give the best medical care for the best price, creating competition. The vouchers will discourage folks from going to the emergency room for a hangnail. The over 55 set will have Medicare remain as is, and under 55 there will be competition for service and price, which may help rein in the explosive growth of health care. I like the idea of the fiscally responsible Romney / Ryan occupying the white house and less government and less government spending which eat up taxpayer dollars so the taxpayers can’t spend and grow the economy. I am tired of the current administration spending / wasting so much that 40 cents of every dollar is debt service to places like China. I am also keen on an administration which practices personal fiscal restraint instead of a “first lady” who has hemoraghed over TEN MILLION dollars on her vacations while whining about conditons of her husband’s job. I bet the Romneys and Ryans will try to take the SAME airplane on trips instead of having one jet off at 10:00 AM and the other spouse jet off to the same location 45 minutes later as the current pair in the white House is so fond of doing.

    • http://www.dqydj.net/ PK

      I’m in that 54 and under camp, and I completely understand the need to shift benefits (or qualifications) for the Big Two, Social Security and Medicare. Medicare is in a tougher bind, so I’m surprised it hasn’t been touched yet – it’s close enough that the first mover probably has a better chance to modify it to their whims. At this point, of course, it falls to the next President.

      On the China point – they actually don’t hold as much as the rhetoric states, something like 1/15 of the debt. They also hold some of the newer – read, lower yielding, debt. Most of the debt we hilariously owe to yourselves, including Social Security!

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