Obama's fiscal feint to the center

More than with any president in memory, with Obama, you have to pay attention to what he does, not what he says.

The president will give a speech this week on deficit reduction. The man who piled on more national debt than all previous presidents combined - in two years - is going before the American public and pretend that he is a reasonable fellow and that we should trust his plan to decrease the deficits while saving Medicare from fiscal disaster.

Will he get away with it? Michael Walsh:

Making the rounds of the Sunday shows yesterday, White House adviser David Plouffe announced that Obama will do what he does best in times of crisis -- make a speech, this one about deficit reduction and what he intends to do about Medicare and Medicaid.Plouffe has just given us a new definition of "chutzpah." After two years of runaway spending and after proposing even more borrowing as recently as his February $3.7 trillion budget proposal -- Obama now wants us to think that he's seen the light and is serious about getting the country's financial house in order.

Please. This is all about 1) the 2012 election and 2) blunting any GOP momentum toward serious budgetary reform -- nothing more.

Obama, who's always keenly attuned to the shifting political winds, knows he has to change course and doesn't care how many fellow Democrats he has to jettison in order to do it. Thus his pirouette on the current year's spending plan -- in which he finally went along with the "draconian" cuts that the parade of talking-point donkeys like Chuck Schumer, Harry Reid and Nancy Pelosi had insisted would lead to the starvation of the elderly, the defenestration of children, the death of millions of women and the impoverishment of our soldiers.

[...]

After weeks of warning of the apocalypse, the leader of the Democratic Party, who never met imaginary or borrowed money that he didn't want to spend, is now celebrating fiscal sobriety? 

It worked in 2008 as candidate Obama sounded so reasonable, so moderate, that many Americans ignored his far left radical associations from the past (and present) and voted for the golden tongued charlatan. What they got was a spending spree on radical programs of which the consequences today are just beginning to be felt.

What we can say for certain is that his plans to remake the country have led to fiscal disaster and a potential meltdown that would impoverish the country. Some may continue to fool themselves about the nature of Obama's presidency, but for most, the scales have fallen from our eyes and the ludicrous notion that Obama is serious about deficit reduction has taken root.

Hat Tip: Ed Lasky




More than with any president in memory, with Obama, you have to pay attention to what he does, not what he says.

The president will give a speech this week on deficit reduction. The man who piled on more national debt than all previous presidents combined - in two years - is going before the American public and pretend that he is a reasonable fellow and that we should trust his plan to decrease the deficits while saving Medicare from fiscal disaster.

Will he get away with it? Michael Walsh:

Making the rounds of the Sunday shows yesterday, White House adviser David Plouffe announced that Obama will do what he does best in times of crisis -- make a speech, this one about deficit reduction and what he intends to do about Medicare and Medicaid.

Plouffe has just given us a new definition of "chutzpah." After two years of runaway spending and after proposing even more borrowing as recently as his February $3.7 trillion budget proposal -- Obama now wants us to think that he's seen the light and is serious about getting the country's financial house in order.

Please. This is all about 1) the 2012 election and 2) blunting any GOP momentum toward serious budgetary reform -- nothing more.

Obama, who's always keenly attuned to the shifting political winds, knows he has to change course and doesn't care how many fellow Democrats he has to jettison in order to do it. Thus his pirouette on the current year's spending plan -- in which he finally went along with the "draconian" cuts that the parade of talking-point donkeys like Chuck Schumer, Harry Reid and Nancy Pelosi had insisted would lead to the starvation of the elderly, the defenestration of children, the death of millions of women and the impoverishment of our soldiers.

[...]

After weeks of warning of the apocalypse, the leader of the Democratic Party, who never met imaginary or borrowed money that he didn't want to spend, is now celebrating fiscal sobriety? 

It worked in 2008 as candidate Obama sounded so reasonable, so moderate, that many Americans ignored his far left radical associations from the past (and present) and voted for the golden tongued charlatan. What they got was a spending spree on radical programs of which the consequences today are just beginning to be felt.

What we can say for certain is that his plans to remake the country have led to fiscal disaster and a potential meltdown that would impoverish the country. Some may continue to fool themselves about the nature of Obama's presidency, but for most, the scales have fallen from our eyes and the ludicrous notion that Obama is serious about deficit reduction has taken root.

Hat Tip: Ed Lasky




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