Ryan further misleads readers by asserting, "Left-of-center politicians stopped calling themselves 'liberals' and started calling themselves 'Progressives.' I can't say precisely why they made this switch." That is factually incorrect. Liberals and progressives are distinct factions in the Democratic Party, akin to libertarians vs. Christian conservatives in the Republican Party. Hillary Clinton represented the liberal faction in 2008; Barack Obama represented the progressive faction.
BIDEN: Not mathematically possible.
RYAN: It is mathematically possible. It's been done before. It's precisely what we're proposing. It's been done a couple of times, actually. Jack Kennedy lowered tax rates, increased growth. Ronald Reagan, Republicans & Democrats have worked together on this.
THE FACTS: The top marginal tax rate in 1962 was 91% and JFK proposed lowering the top rate to 65% (compared to a top rate of 37% today). Yes, JFK did cut tax rates by more than 20%. But in the context of the much higher rates in 1962, cutting tax rates meant something very different than today--Ryan hence cannot realistically apply the lessons from JFK to today. No politician of any party today would even consider RAISING tax rates to the LOWER levels proposed by JFK in 1962!
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The above quotations are from Presidential Primary Fact Checking by OnTheIssues.org.
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