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« When will Democrats apologize for the Civil War? | Main | What are these $4 billion in tax breaks for the oil companies? »

April 15, 2011

Comments

George

Obama is addicted to spending. He is like a crack whore with a stolen credit card. You didn't think he would allow any real spending cuts, did you?

Kevin

I have to say, I'm almost as embarrassed to be a Republican as I would be were I a Democrat. They really DO both kind of suck.

"...from 22 knots to 21.998 knots."

heh

jj mollo

We have to balance the budget long-term. In order to do that, we have to stop using the budget and the deficit for populist political posturing. Everybody knew that the recent spending cuts were window dressing. It reminded me of a married couple arguing strenuously over who spends the most at Starbucks when they both know that the real problem is their $10,000 credit card debt. It's a way to avoid the real issue.

The real issue is long-term entitlement spending. Repeat that three times. I can forgive people for talking about military spending, because that is a legitimate minor issue, but anybody who burdens the public mind-space with anything else is deliberately distracting us. I commend Ryan and Obama for recently addressing themselves to the real issues. The differences are real and contentious, but at least we're now focused in the right direction.

As to 2007, we were living in a fool's paradise then -- low taxes and huge new spending on two wars (off-budget) and government-paid prescriptions. The deficit spending was fueling the debt, exacerbating the already insane real-estate boom and pulling the teeth from any possible fiscal response to a recession. The laxity of the Federal Reserve at that time was also a problem. As a result of the financial crash, Bush and Obama had only one choice. Spend more money. The Fed was zeroed out and the impending recession could only be addressed fiscally. Now, we need to try to get back to the pre-war normalcy. Taxes should be gradually increased as the recession recedes. The gas tax would be the most economically effective approach, reducing our balance-of-trade deficit, but it would not be enough. Why is nobody talking about the Debt Commission any more? Why do we need new commissions?

Neo

So then you're telling us that the Democrats really didn't come up with $33 billion in spending cuts. The liars.

CJW

Obama pulled the old okey doke on the Republicans and bamboozled all of America. He thinks we're all stupid. He is a damn disgrace.

CJW

Even as the liar-in-chief gives nothing to Republicans in a "deal" that supposedly gives them something, he goes on to demonize them for forcing him to "deal." Incredible hyocrisy, as he spends the US into oblivion.

Obama to Supporters: I Understand Your Frustration Over Compromise With GOP

Obama tells his supporters that he understands their frustration over his compromises with Republicans, but prepares backers for more deals to come.

Neo

OMG, I can't believe that they actually have a web page for this

http://www.paymentaccuracy.gov/high-priority-programs

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