The Vice Presidential Debate: Joe Biden Was Right to Laugh

The load of balls that both Romney and Ryan have been pushing out there for this whole election season is simply not intellectually serious. 

Most of their platform isn't even a real platform, it's a fourth-rate parlor trick designed to paper over the real agenda – cutting taxes even more for super-rich dickheads like Mitt Romney, and getting everyone else to pay the bill.

The essence of the whole campaign for me was crystalized in the debate exchange over Romney's 20 percent tax-cut plan. ABC's Martha Raddatz turned the questioning to Ryan:

MS. RADDATZ: Do you have the specifics? Do you have the math? Do you know exactly what you're doing?

So now the ball is in Ryan's court. The answer he gives is astounding:

REP. RYAN: Look – look at what Mitt – look at what Ronald Reagan and Tip O'Neill did. They worked together out of a framework to lower tax rates and broaden the base, and they worked together to fix that. What we're saying is here's our framework: Lower tax rates 20 percent – we raise about $1.2 trillion through income taxes. We forgo about 1.1 trillion [dollars] in loopholes and deductions. And so what we're saying is deny those loopholes and deductions to higher-income taxpayers so that more of their income is taxed, which has a broader base of taxation