printRemember when, “right after signing his $857 billion economic stimulus program into law last year, Obama convened the now-forgotten White House Fiscal Responsibility Summit,” the one “where [he] promised to cut the annual federal deficit by half by the end of his term”? As the Washington Examiner reports, he’s done it again: made a symbolic, deceptive gesture.
BHO’s “Budget Director Peter Orzag announced with great fanfare Tuesday that President Obama wants all nonsecurity agencies to cut spending by 5 percent.”
That’s proof that he’s serious about cutting spending, right? At least that’s how the Washington Post sees things:
This is “the latest in a series of initiatives, legislative proposals and veto threats in recent weeks aimed at demonstrating that Obama is minding every penny.”
Readers of this blog don’t “take seriously any of these White House PR campaigns to make Obama look responsible on the spending issue.”
After all, in less than two years in the Oval Office, Obama had added more than $4 trillion to scheduled federal spending, driven the annual budget deficit from $467 billion in 2008 to nearly $1.6 trillion in 2010, and pushed the national debt from $10.6 trillion to more than $13 trillion. All of these marks are mileposts on the road to fiscal calamity.
So, Obamarxists needn’t lose heart—and can with confidence, renew their vows to The Chosen One. BHO is here to hammer the final nail in the coffin of American capitalism.
Minding every penny, eh? Yeah, and I’ve got some swamp land to sell ya. Sheesh. How can newspapers write such drivel and not wonder why readership is vanishing? What are these journalists smoking?
Seven American soldiers killed in Iraq since May 01, 2010.
from the DC PR department:
This is “the most recent evidence demonstrating that President Obama is keeping his promise to pull our troops out and put an end to American involvement In Iraq by the summer of 2010.”
Atilla the Hun decides to plunder 20 villages and only plunders 19 instead – well, great – it’s a 5% cutback!
By the way, the Republican hypocrite who is running against the statist Democrat to misrepresent me in Congress, is talking about the need to cut spending – but mentions ONLY reforming “earmarks”, that 0.001% of the federal government of money that is slated to be spent anyway.
To be fair, good jobs are hard to find nowadays, and BHO can’t propose any serious spending cuts if he hopes to be re-elected. Eighty years of federal income transfers have created a culture of dependency. Any serious spending cut must be a cut in “entitlement” programs, and no one who hopes to enjoy the perquisites of federal office dares to propose any such cut. Though Obama & Co. certainly deserve criticism for their selfishness, hipocrisy, and lack of patriotism, the fault truly lies with the beggars who compose the majority of our electorate.