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    The "$16 Trillion Dollar Secret Slush Fund"..., 2011-07-25 14:57:22 | Main | the lesser insanity..., 2011-07-29 16:51:24

    bush's third term:

    Sterling Newberry is pretty harsh through the whole piece -- he's putting Barry up for Worst Ever, after all -- but especially on this debt ceiling nonsense:

    What is worse is that the actions of the President are irrational even in his own political lexicon. He is either insane, which I do not for a moment believe, or he is lying, which he pretty clearly is. Let's review his own words:
    For the last decade, we have spent more money than we take in. In the year 2000, the government had a budget surplus. But instead of using it to pay off our debt, the money was spent on trillions of dollars in new tax cuts, while two wars and an expensive prescription drug program were simply added to our nationís credit card.

    This is red meat for liberal base, but it is clear that Obama does not believe this. If Obama believed that Bush's policies created the problem, then why has he continued virtually all of them: Bush tax cuts, both occupations, subsidies for the health insurance and pharma industries, and almost all of the spending. In otherwords, he's saying one thing for liberal base people, but his budget proposal does not:

    1. End the tax breaks.
    2. End the occupations and wars.
    3. End most subsidies for the health care industry.
    4. End expansion of the military.

    Instead, it cuts entitlements, and domestic discretionary spending. In fact, he comes as close to closing the domestic government, absent spying on Americans, groping their genitals, and locking them up, as is possible.


:: posted by buermann @ 2011-07-28 15:07:03 CST | link





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