(R) “Romney” or “Ryan?”

Paul Ryan has unveiled his latest budget, and he’s the only adult in the room, bringing little Barry, Nancy, Harry and their fellow whining naifs in the press to tears by telling them No. Money doesn’t grow on trees.

Democrats, incoherent and out of ideas, hate Ryan because he proposes to dismantle their progressive machinery that has destroyed tens of trillions in wealth and produced $15 trillion in debt and over $50 trillion in future unfunded liabilities. The Buffett Millionaire Tax they propose as a panacea would only raise $31 billion, one-tenth of 1% of the federal budget (if we could get the rich to stand still while government ... taxes them). There ain’t enough tax money to pay for all of this. 100% taxation won’t cover it.

“I think we’ve seen pretty clearly that what this proposal does not do is take the serious approach to getting our fiscal house in order that everyone who’s serious about this issue says you have to take,” spokesman Jay Carney said. (Real Clear Politics)

The White House’s carnie barker in horn-rimmed eyeglasses should be shouting that at his own party. They’ve been on an unbudgeted free-wheeling spending binge for the past three years

We can fix this on our terms, while we still control our destiny, or we can wait until we are like the decrepit Soviet Union or today’s Greece, sold into penury and helplessly prostrate before the international bankers and enemy nations eager for our humiliating comeuppance.

Ryan shows a way out. Not the only way, but he’s the only one with a detailed plan that has been scored and analyzed. The Democrats are intellectually bereft; still hawking last century’s snake oil. Banking regulations failed? Pile on more regulations! Too much debt? We’ll spend our way out! It’s madness.

Democrats Protest Reality

Ryan’s gimlet-eyed analysis of the numbers sends fantasy land liberals into spasmodic paroxysms, leaving Democrat apparatchiks like Gene Sperling raging about “the tyranny of math.” Yes Gene, reality can be a tyrant to little children who stamp their feet demanding that unicorns poop rainbow-colored marshmallows from heaven.

All the left has left is scare tactics, while using “look over here!” tactics to keep our focus off of the looming debt-induced crash. Kevin Drum harps weakly on Ryan’s attempt to hold spending to 19% of GDP, but even that is not a big enough cut. We historically collect around 17% in good time and bad, high tax rates or low tax rates, so government budgeting should revolve around that iron law reality.

Dana Milbank makes the bald-faced case of government as a giant teat, and God forbid we try to wean anyone off of it. The children in the candy store never stop to contemplate that mommy and daddy are borrowing from China to pay for it all, and that it can’t go on forever. They love preaching environmental sustainability, which is a chimera because all natural resources are finite, while simultaneously believing in an eternal fountain of money to pay for their dreams and schemes.

Putting aside all the sturm und drang, here is the cold reality of Ryans “draconian” Plan…

By 2022, under the Ryan Path, debt as a share of GDP would be 62.3% vs. a projected 73.2% in 2012. Under the Obama budget, debt as a share of GDP would be 76.3% in 2022, according to the Congressional Budget Office. Over that period, the Ryan Path would spend $5.3 trillion less than the Obama budget.

Longer term, the differences between the Ryan Path and the Obama budget are even starker. By 2030, debt-to-GDP would be 53% under Ryan, 128% under Obama. By 2040, debt-to-GDP would be 38% under Ryan, 194% under Obama. By 2050, debt-to-GDP would be 10% under Ryan, over 200% under Obama—assuming that under the Obama scenario, the economy hasn’t collapsed. (Pethokoukis)

Meanwhile, Obama and Pelosicrats have offered...  Nothing.