Thursday, November 19, 2009

Now he tells us...

Barack Obama warns of our country's rising debt problem.
President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.

With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction.
Gee, ya think? You know, that debt didn't pile up by itself. Obama has had something to do with it. And does he think that taking on a huge new health care program is going to reduce the debt? Does he understand how the projections of how the Senate plan will actually save money is just bogus, based on a facile acceptance of promises to cut money from Medicare in the future that Congress has never accomplished earlier? Does he understand that pushing the doctor fix off the bill doesn't mean that that money still won't be spent even if it isn't counted against one particular bill?


Freeven said...

First Bush comes out championing free market solutions and trumpeting a warning against government creep. Now Obama, after tripling the deficit and the debt, and with promises to spend trillions more, is giving "stern warnings" about our rising debt.

Give me a break. These people have no shame. And the American people are to blame, for continuing to back big government solutions to problems that can better be handled locally and privately.

America remains the best country on the face of the earth and the best hope for people everywhere, but we seem increasingly bound and determined to "progress" to mediocrity.

ic said...

Fox News? Someone must be desperate.

He sounds like the kid who had killed his parents and wailed for becoming an orphan.

tfhr said...

Well you have to say something when you can't vote "present" anymore.

So Cal Jim said...

Well, I don't know, tfhr........Bozobama has been voting "present" on Afghanistan for months.

tfhr said...

So Cal Jim,

You are So Right. I mean "correct"...but not politically correct.

He is certainly trying to delay a decision but it won't work. There is no longer a crowd to hide in as all eyes eventually return to Obama and his decisions or lack thereof. He will be held accountable for Afghanistan. He ultimately has to choose whether or not America will win or lose there.