I mentioned earlier that if asked to choose an adjective to describe the budget plan presented by Rep. Paul Ryan, I would suggest "partisan" or "gimmicky," as opposed to "serious" or "brave." Most budget proposals are both partisan and gimmicky, so this is no particular knock against Rep. Ryan. But it's worth mentioning because so much of the pundit-sphere (excluding the Atlantic's Derek Thompson) has received the plan as a dramatic step forward in clear thinking about our fiscal future.
I think this view is wrong, and that we'll look back on this episode mainly to marvel at what it shows about pundit-world swoon (Paul Krugman's mot juste today), and about clever policy marketing by Ryan, rather than for what it clarifies about budgetary realities.
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