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Rep. Paul Ryan Responds: Our Day Of Reckoning Is Around The Corner

REP. PAUL RYAN (R-Wis.): Some people will back away from this challenge. But I see this challenge as an opportunity to rebuild what Lincoln called the "central ideas" of the Republic.

We believe a renewed commitment to limited government will unshackle our economy and create millions of new jobs and opportunities for all people, of every background, to succeed and prosper. Under this approach, the spirit of initiative - not political clout - determines who succeeds.

Millions of families have fallen on hard times not because of our ideals of free enterprise - but because our leaders failed to live up to those ideals; because of poor decisions made in Washington and Wall Street that caused a financial crisis, squandered our savings, broke our trust, and crippled our economy.

Today, a similar kind of irresponsibility threatens not only our livelihoods but our way of life.
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We need to reclaim our American system of limited government, low taxes, reasonable regulations, and sound money, which has blessed us with unprecedented prosperity. And it has done more to help the poor than any other economic system ever designed. That's the real secret to job creation - not borrowing and spending more money in Washington.

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