Obama Budget To Hit $3.8 Trillion-
Deficit $1.6 Trillion
While the President has lately been simulating the squawk of a deficit hawk, most people deduced pretty quickly that he was not offering much by promising to freeze less than half the budget at the already-obscene levels ran-up by himself, Pelosi, and Reid. This is akin to pledging to drink no more than a fifth of scotch a day... same as I did last year.
They also promise a federal budget deficit reduced to just $700B by 2013. While it's nice to get it out of the trillions, this is far too little restraint- and far, far too late. The harsh reality that Obama has created in less than a year is this: in a time that screams for tax cuts and perhaps other economic incentives, the power-drunk Democrats have left themselves no room for maneuver- they've already pissed-away all the money we've got -along much of our future wealth- while creating a ticking time-bomb re. inflation/dollar crash.
Shamefully, Team Obama always knew just how this would play out, as there is zero intention in this WH to actually be responsible... none. These hell-bent statist fiends have a revolution to foist on us... and they're attempting to do it by hook or by crook.
More at ►The Wall Street Journal
and ►Memeorandum
3 comments:
I forgot when I was writing about this earlier (although I have touched on it in the past), Obama's budgets have $600 billion in cap and trade taxes figured into them. This means the actual deficit is $2.2 trillion over the next fiscal year.
I wish more people would wake up and see that these pinkos are Lenin and Marx dressed in lamb's clothing. Americans can't imagine a communist state being foisted on us here, but that's what ObaMao, Pelosi, Reid and the rest are doing as we speak.
Thanks for your work on this blog!
At the SOTU Obama tried to paint himself as a tax cutter and then less than w week later he proposes a massive spending budget filled with tax increases. He is constantly saying one thig while he does another. Remember how he signed the bill with 9000 earmarks and at that signing he stated we needed earmark reform? This is another example. The man's actions do not match his words.
Post a Comment
The Reaganite Republican welcomes your comments...