Paul Ryan sums it up: “What we’re seeing is the failure of European socialism and the social welfare states”

Damn, we love this guy. Rep. Paul Ryan (R-WI) guested on Up Front with Mike Gousha this weekend. Here’s what he had to say about the Greek meltdown and the ongoing European financial crisis.

Damn, we love this guy.

Rep. Paul Ryan (R-WI) guested on Up Front with Mike Gousha this weekend. Here’s what he had to say about the Greek meltdown and the ongoing European financial crisis:

“I am enormously concerned. First of all, Greek contagion can spread to some of these other countries like you said. What this basically is… It is so ironic coming from the cradle of Western Civilization. What we are seeing is the failure of European socialism and social welfare states. What is basically happening here is this sovereign debt crisis could come over and spread to us. We’ve got to make sure we put in the right kind of fiscal controls, the right kind of balancing to prevent this from happening. Because what’s happening is the markets are questioning the viablility of sovereign debt. The markets are questioning whether or not governments are going to be able to live up to all the promises and debt that they have racked up… Sooner or later you run out of spending other people’s money with welfare states.”

Ryan 2012. Or maybe Ryan 2016.

Get the bumper stickers ready.

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