In 1983, the British Labour Party under the hard-left Michael Foot issued a 700-page manifesto so radical that one colleague called it “the longest suicide note in history.” House Budget Committee chairman Paul Ryan has just released a recklessly bold, 73-page, ten-year budget plan. At 37 footnotes, it might be the most annotated suicide note in history.
That depends on whether (a) President Obama counters with a deficit-reduction plan of equal seriousness, rather than just demagoguing the Ryan plan till next Election Day, (b) there are any Republicans beyond the measured, super-wonky Ryan who can explain and defend a plan of such daunting scope and complexity, and (c) Americans are serious people.
My guesses: No. Not really. And I hope so (we will find out definitively in November 2012).