His lips are moving.

Yesterday, President Obama gave another rousing TOTUS-inspired (Teleprompter Of The United States) speech about his economic plans. He implored Americans for patience. Remember Obama and Biden said last year after getting elected that things were going to get bad and we’re not going to understand the decisions he’s making that may appear terrible, but just stick with him! The problem is that these promises of an economic turnaround don’t jive with his budget - the HIGHEST EVER!!

Obama himself states in his budget that the recession is slated to continue through this year. On the “plus” side, GDP will decline “only” 1.2%. His budget predicts a 3.2% growth for 2010 (a net 2% after this year’s decline) and then continues with a few more years of 4% growth each year. I guess if the majority of GDP is government spending and you’re creating more government programs, it would only be fair to say GDP would increase…? Meanwhile, the CBO predicted last week that Obama’s budget would produce an average $1 trillion deficits over the next ten years. For the liberals out there, that’s $10 trillion added to our national debt.

Mr. Obama was asked about this by Chip Reid.

Reid: At both of your town hall meetings in California last week you said, “I didn’t run for President to pass on our problems to the next generation.” But under your budget the debt will increase $7 trillion over the next 10 years; the Congressional Budget Office says $9.3 trillion. And today on Capitol Hill some Republicans called your budget, with all the spending on health care, education and the environment, the most irresponsible budget in American history. Isn’t that kind of debt exactly what you were talking about when you said “passing on our problems to the next generation”?

Instead of answering the question directly, the President continued what he started when he came to D.C. a few short years ago as a young Congressman: he blamed Bush. Isn’t there some help for such extreme cases of BDS? The President of the United States, instead of taking responsibility for his own plan, resorting to attacking his Republican critics who “have a short memory, because as I recall I’m inheriting a $1.3 trillion deficit, annual deficit, from them.” Actually, Mr. President, you’re inheriting a $1.3 trillion deficit from a Republican President and DEMOCRATIC Congress. Let’s lay blame everywhere it is deserved and not just on Bush or “Republican critics” especially when the Democrats aren’t all in support of this monstrosity of a wasteful spending.

The President then delved into a game of smoke and mirrors with the American people and I don’t think the media is doing a good job informing the public about what certain terms mean. A budget DEFICIT is the amount of money that the government spends annually ABOVE what it collects in taxes and revenue. This money is ADDED to the United States debt and must be borrowed. President Clinton and the Republican Congress are the first politicians in recent memory that actually eliminated the DEFICIT and slowly began chipping away at the debt.

President Obama’s plan would “cut in half” the budget deficit (that he is only increasing with his spending) by the end of his first term. This doesn’t mean that American debt is going away, just that it won’t climb as high as it is today! The goal of our government should not be cutting a deficit in half, but eliminating it altogether and in fact creating a surplus to pay off our debts and become self-sufficient.

In a further game of smoke and mirrors, the President again tried to deflect attention from his fiscally irresponsibility towards his “critics”. As part of his long-winded reply to Reid he stated, “We haven’t seen an alternative budget out of them.” Wasn’t it Obama himself who said after winning the election that “there is only one President at a time?” It is the President’s responsibility to submit a budget to Congress, not the other way around. Congress recommends changes to the budget, adds or deletes spending (typically the former), and then approves it or sends it back to the President. His “critics” aren’t suppoed to be sending him alternative budgets! Remember that whole “I’ll be ready from day one” speech and yet he acts like he has no idea how government even works in the Executive and Legislative branches. Either that or he’s flat out lying to us.

During his press conference, Obama said that his housing bailout, the stinkulus, “will help stabilize the housing market and help responsible homeowners stay in their homes.” According to the AP, even officials in his administration, members of Congress that supported the plan, and the Federal Reserve chairman said that bailout money will go to those who are stupid, excuse me, irresponsible. I’m sorry, but if you can’t afford your house because you’re a moron and got an adjustable rate mortgage, THAT is irresponsible, period! From AP:

Sheila Bair, head of the Federal Deposit Insurance Corp., made a similar point when she said it’s “simply impractical” to examine every delinquent loan and weed out those taken by people who overstated their income or assets to get a mortgage they couldn’t afford.

What happened to bringing a new way of doing business to Washington? What happened to transparency and integrity? Tell it like it Mr. President. Your supporters didn’t elect you to play politics! You’re supposed to be above that. You’re the hope and change this country has been waiting for. All we can hope for now is a little bit of change in our pockets after we’ve paid for all your GFIs.

Posted on March 25th, 2009 by CJ
Filed under: Uncategorized