It seems to me that it is either impossible for Obama to see the truth and reality related to his increased spending versus his predecessor’s spending, or he‘s willfully ignoring the reality and truth . Either way, Obama is clearly as blind as a bat. Bush did overspend. But Obama has accelerated the spending and it has turned into a pandemonium of government spending. In addition, the Obama administration continues the blame game. This is the first President in history, that is an irresponsible crybaby, and that has also filled his administration with a bunch of whiny crybabies. Obama has continued to blame and complain about Bush’s prior spending like a naïve little boy. Obama continues to complain about spending when he could halt spending in certain governmental agencies at any time. But, I guess that solution hasn’t come to Obama or his administration’s mind at any time. How come all these supposed geniuses are so blind? Irresponsible in the worst way? And, they continuously refuse to do the obvious to reduce our deficits. Hmmmm… Obama, his administration, and the Democrats clearly DO NOT want to make any budget cuts or decrease funds for any agency or program to decrease the deficit. Instead they are going on a government spending binge. Plus, Obama makes it obvious that he loves playing the blame game. If they reduced the deficit than the Obama admin couldn’t point to this huge deficit and keep on exaggerating and blaming the Bush admin for the deficit. Obama has increased the deficit by 3X what Bush left him with. The Obama admin is all about illusions, exaggeration, and lies.
But, the Obama administration is making it clear that they are continuing with their modus operandi, and keeping allegiance to the failed liberal philosophy of increased government spending. Obama needs to freaking STOP this runaway freight train of spending before it literally wrecks this country. STOP In the Name of Love! Obama STOP for the love of this country. Stop bankrupting this country into oblivion. Please stop pillaging the American people’s wallets!! Please stop stealing from future generations! So, Mr. President, Stop in the Name of LOVE!!!
Here is a fun video and an interesting article below.
Ten Years Ago? Seriously? By: Keith Hennessey
On Monday when releasing his budget the President said:
The fact is, 10 years ago, we had a budget surplus of more than $200 billion, with projected surpluses stretching out toward the horizon. Yet over the course of the past 10 years, the previous administration and previous Congresses created an expensive new drug program, passed massive tax cuts for the wealthy, and funded two wars without paying for any of it -– all of which was compounded by recession and by rising health care costs. As a result, when I first walked through the door, the deficit stood at $1.3 trillion, with projected deficits of $8 trillion over the next decade.
This is a common refrain from the President and his team.
Argument: The previous administration and previous Congresses created an expensive new drug program … without paying for any of it.
•Response 1: Yes, we did. At the time, Congressional Democrats tried and failed to create an even more expensive new drug program without paying for it. (Mr. Obama was not in the Senate at the time.)
•Response 2: This Medicare drug program is ongoing. If the President thinks it is too expensive, then he should propose to make it less expensive. If instead he thinks it should be paid for, then he should propose other spending cuts or tax increases to offset the future costs. Pending health care legislation would instead expand this expensive benefit and pay for the expansion, but would do nothing about paying for the ongoing base costs to which the President is objecting. The past six years of deficit spending from this benefit is beyond President Obama’s control. The future spending is not. He could do this through reconciliation with 51 votes in the Senate.
Argument: The previous Administration and Congresses funded two wars without paying for it.
•Response 1: The Obama Administration is continuing these wars without paying for them, and expanding forces in Afghanistan without paying for that.
•Response 2: Two of those years were with Democratic majorities in the House and Senate. There were legislative attempts to end the Iraq efforts, but none to end the Afghanistan efforts. I don’t remember anyone in the Democratic majority Congress (including then-Senator Obama) making a serious run at cutting other spending or raising other taxes to offset the war costs. Last year Rep. Obey proposed a war tax and was quickly silenced by his colleagues.
Argument: The previous Administration cut taxes for the wealthy without paying for it.
•Response 1: Setting aside the mischaracterization “for the wealthy,” President Obama proposes to extend a significant portion of that tax relief “without paying for it.”
•Response 2: If all the Bush tax cuts are left in place bracket creep will soon cause total federal taxes to once again climb above their historic average of just over 18% of GDP. Repealing these tax cuts would mean the government would be taking far more from the private sector in taxes than it has in the past. I believe taxes are not too low.
•Response 3: Our medium-term and long-term deficit problems are driven by the growth of entitlement spending: Social Security, Medicare, and Medicaid. Raising taxes will not slow this spending, it will just buy us a few years of delay and slow economic growth.
CONTINUED
3 comments:
President BO is a Harvard graduate. He could not possibly NOT know the effects of his actions.
The only conclusion left is that he knows what he is doing and likes the effects, even though it will bring down the country.
Rush read an American Thinker article on air today. It said that Obama must take over health care to fulfill his lifelong dream of medicare for all, so he can get the uninsured (more minorities represented here) healthcare at taxpayer expense (redistribution of wealth). It is the culmination of everything he has been taught, everything he dreams of.
This is why that bill won't die. Luckily, the rest of the dems are not equally obsessed as Obama.
Another in a line of great post Teresa. Seems the only way Obama can justify his spending is to point back at Bush and his spending---I suppose two wrongs do make a right according to "Barack the Blind Bat"!
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