Thursday, August 30

Paul Ryan's Anti-Randian Moment: Use Government Money to Bail Out the GM Plant in His Hometown

Matthew DeLuca writes:
"Wisconsin Rep. Paul Ryan, the Republican vice-presidential candidate, was a leading member of a task force convened by the state’s Democratic governor in 2008, Jim Doyle, to save a once-flourishing automobile plant in Ryan’s hometown of Janesville, according to state officials. 
"After General Motors announced on June 3, 2008 that it intended to close the nearly 100-year-old plant by 2010, Ryan joined a core group of about a dozen other Wisconsin officials from both parties in the GM Retention Task Force. Their efforts were ultimately unsuccessful, and the company suspended all operations at the facility by Dec. 23, 2008, eliminating 2,400 jobs. It has been in “standby” mode since. 
"In his role on the task force, Ryan—the House Budget Committee chair whose plans to reduce the size of government and with it the extent of what he’s called “crony capitalism” made him a national figure—negotiated directly with GM executives about a taxpayer-funded “incentive package” to try to convince the company to keep the plant in his district running."
So...let's keep the government small and out of our lives...except when we need the government to bail us out. Very consistent.

Paul Ryan Used Government Funds and Power to Try and Save GM Plant in His District (The Daily Beast)

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