When the whole economy collapses under the weight of the debt, that’ll REALLY hurt the poor.
That’s being missed: the cuts are reductions of volume of spending increases. Suppose the government was spending a hundred bucks a year supporting the unemployed. Next year, they plan to spend another 50, for a total of 150 dollars a year. But instead, a plan is put forth which cuts that to thirty bucks more a year. So the total still increases, but the degree of increase is less. That’s essentially every plan that been put forth in the last few years.
If the Congress uses Ryan’s plan, or any similar plan, the spending volume, or amount, will still be more, just not as much as originally planned. Thus, the amount that we’re in the hole still gets larger, and when the whole thing goes kerblooey, the pain of it lasts longer.
Perhaps it’s still better than the raping of the treasury committed by another party; it’s still neither enough to fix the troubles, nor will it likely make a dent.