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xchrom

(108,903 posts)
Sat Sep 22, 2012, 06:14 AM Sep 2012

Take a Look at What Paul Ryan Did to His Own Congressional District, and Be Very Scared [View all]

http://www.alternet.org/election-2012/take-look-what-paul-ryan-did-his-own-congressional-district-and-be-very-scared-your



Before Paul Ryan was anointed as the Republican vice presidential candidate, Ryan reigned as the GOP’s resident economic genius and “leading intellectual.”

However, this praise from major media outlets has long been divorced from the reality 1,000 miles away back in Ryan’s 1st Congressional District in southeastern Wisconsin. Even while Beltway media — and even President Obama — heaped kudos on Ryan for his bold economic proposals and “intellectual audacity,” the productive base and social health of his constituents have been severely deteriorating under the impact of the very policies he has aggressively championed.

Ryan trumpeted the $1.2 trillion in Bush tax cuts showered largely on the richest 1%, pushed for the deregulation of Wall Street financial manipulations, opposed 2007 efforts to rein in the financial industry’s increasingly risky practices but then voted for a virtually unconditional bailout of the big banks after the meltdown in 2008 in order to “save the free enterprise system.” Ryan also voted for the auto bailout without any provisions to prioritize US jobs including those in his district. Further, Ryan has been a consistent supporter of the “free trade” deals with low-wage, repressive regimes that have fueled the offshoring of jobs.

In recent years, Ryan’s home district has lost thousands of family-sustaining jobs. Its economic foundations have been dangerously hollowed out: Delco in Oak Creek shut down at a cost of 3,800 jobs, mostly going to Mexico; Chrysler in Kenosha had 850 jobs sent to Mexico with the help of auto industry “bailout” funds; and General Motors in his hometown of Janesville eliminated 2,800 jobs directly with its pre-Christmas 2008 plant closing, while GM kept open a low-wage plant with parallel capacities in Silao, Mexico. The GM shutdown in Janesville wiped out another 3,000 jobs in nearby supplier plants.
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