Thursday, April 14, 2011

Krauthammer on Obama's Budget Address

"I thought it was a disgrace," said Krauthammer. "I rarely heard a speech by a president so shallow, so hyper-partisan and so intellectually dishonest, outside the last couple of weeks of a presidential election where you are allowed to call your opponent anything short of a traitor. But, we're a year-and-a-half away from Election Day and it was supposed to be a speech about policy. He didn't even get to his own alternative until more than halfway through the speech. And when he did, he threw out numbers suspended in mid-air with nothing under them with all kinds of goals and guidelines and triggers that mean nothing. The speech was really about and entirely an attack on the [Rep. Paul] Ryan plan."

I just find it hard to believe that Obama, the spendthrift, wants to start cutting the deficit when he can't cut the budget when he has added $1 Trillion a year to our debt. I also find it very unpresidential the way he uses his bully pulpit as president to make things personal. Does he still think he's a community agitator? Because that is just how he is acting. I don't ever remember a president always acting like this.

One thing is for sure is we need to watch what he does, because his words mean nothing. A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38 billion in claimed savings by the end of this budget year.

The Congressional Budget Office estimate shows that compared with current spending rates the spending bill due for a House vote Thursday would pare just $352 million from the deficit through Sept. 30. About $8 billion in cuts to domestic programs and foreign aid are offset by nearly equal increases in defense spending.
The House began preliminary debate on the measure Wednesday with it easily advancing over a procedural hurdle by a 241-179 vote. The measure appears on track to pass the House and Senate this week before a stopgap spending measure expires Friday at midnight despite opposition from some of the GOP's most ardent budget cutters.

The budget deficit is projected at $1.6 trillion this year alone. How do you think we will pay off the debts we are accumulating? The Democrats wont let anyone cut anything other then defence. And the Democrats have the youth of this country so snowed. Who do the youth think will have to pay off this debt if we don't? Every American owes $47,000 in our national debt. The Democrats want to make that number even bigger and stick the next generation for the bill. Talk about narcissistic. The Democratic Party are using the youth as their useful idiots and then they will enslave those same useful idiots with a debt they didn't create.