To clear $700 in a week, a person would have to earn close to $50,000 a year, an amount greater than the income of nearly half of American households. Households earning below $50,000 per year are being asked to shoulder most of the sacrifices in the Ryan budget. Millions of seniors and middle-income Americans will see their standard of living decline significantly if the parameters of the Ryan budget become part of the negotiated spending cuts in the debt ceiling debate.
Ryan and his companions had every right to drink $700 worth of wine. However, to blithely enjoy such extravagance while preparing to inflict so much pain on so many Americans seemed terribly wrong, particularly when one considers that those who can easily afford an evening out with a $700 bar tab will benefit from the sacrifices Ryan’s budget heaps upon average Americans.
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