My worst fears about Paul Ryan were borne out in Wednesday night's speech.
Ryan's speech was too focused on debt reduction. He vindicated his reputation as a deficit hawk and called President Obama out for criticizing Bush's deficits as "unpatriotic" — then racking up even larger ones over the last three years.
But he never once mentioned tax cuts.
This is deeply disappointing. ( Read more: Larry Kudlow's Take on Ryan's Speech )
While it is true that our government should spend less, it's all the more true that our government should tax less. Cutting taxes, even at the expense of a larger deficit, should be the priority for the Republican ticket. Yet last night we heard not a word of it.
( Read more: One Business Republicans Hate: Porn )
Our economy is limping along because the American people desperately need to reduce their household budget deficits. A sizable tax cut would put more money to work to help families reduce their debt burdens. So why isn't Ryan talking about tax cuts? ( Read more: GOP Platform May Dilute Romney’s Focus on Economy )
I hope the answer is that Mitt Romney will come out swinging for tax cuts. I fear the answer is that Ryan's heart just isn't in it. At the core, he's a deficit hawk rather than a wise tax owl.
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