Speaking at the Associated Press Luncheon on Tuesday, President Obama criticized the budget put forth by Rep. Paul Ryan (R-WI) and passed by House Republicans. The plan was enthusiastically endorsed by the GOP's upcoming presidential candidate, Mitt Romney–and, of course, the party's propaganda organ, Fox News. As was the case in 2011, Ryan's plan calls for shredding the social safety net and presenting the wealthy with a substantial tax cut. Obama accurately described the budget as "Social Darwinism," a return to failed "trickle down" economic policies and a "prescription for decline." Watch:
OBAMA: This Congressional Republican budget is something different altogether. It is a Trojan Horse. Disguised as deficit reduction plans, it is really an attempt to impose a radical vision on our country. It is thinly-veiled Social Darwinism. It is antithetical to our entire history as a land of opportunity and upward mobility for everybody who’s willing to work for it — a place where prosperity doesn’t trickle down from the top, but grows outward from the heart of the middle class. And by gutting the very things we need to grow an economy that’s built to last — education and training; research and development; our infrastructure — it is a prescription for decline. And everybody here should understand that because there’s very few people here who haven’t benefited at some point from those investments that were made in the fifties and the sixties and the seventies and the eighties. That’s part of how we got ahead. And now we’re going to be pulling those ladders up for the next generation.
(h/t: Think Progress)