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April 11, 2011 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. 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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