February 3, 2010 16:21 by
KRM
Technology is so great. Enter the right search terms in Bing and voila, you can get President Obama’s take on fiscal responsibility. According to a report on MSNBC on February 23, 2009, Obama spoke to the National Governors Association at the White House. He said the following:
“Contrary to the prevailing wisdom in Washington these past few years, we cannot simply spend as we please and defer the consequences to next budget, the next administration, or the next generation. “
That sounds good because this country desperately needed some maturity in government, some people who aren’t afraid to make spending cuts and realize that there are consequences for out of control spending. Fast-forward to the State of the Union speech on January 27 last week, where he said:
“So let me start the discussion of government spending by setting the record straight. At the beginning of the last decade, America had a budget surplus of over $200 billion. By the time I took office, we had a one year deficit of over $1 trillion and projected deficits of $8 trillion over the next decade. Most of this was the result of not paying for two wars, two tax cuts, and an expensive prescription drug program. On top of that, the effects of the recession put a $3 trillion hole in our budget. That was before I walked in the door.”
In a nut shell, he’s blaming the Bush administration for leaving him with a deficit. Understandable that he wants to set the record straight after all his fancy talk about fiscal responsibility. He wants us to lay the blame of reckless spending on the previous administration. I get it and don’t fault him for that. Except that he’s by far more reckless and more fiscally irresponsible than Bush ever dreamed of being. According to Bloomberg the 2010 federal deficit will be $1.3 trillion and the 2011 federal deficit will be $1.5 trillion. That’s right – Obama has budgeted almost $3 trillion in deficits for 2010 and 2011. Sure is a tough thing when your dream excuses get the cold wet of reality splashed on them.
There was one other telling comment in that State of the Union quote where Obama briefly took his pretty centrist mask off and exposed the socialist monster underneath. He admitted, right there for all to see, that we don’t own our time or money. Did you miss it? “Most of this was the result of not paying for… two tax cuts.” A tax cut isn’t something the government has to pay for. Taxation is the means by which the government takes our money from us to pay for everything from essential services like coastal defense to the insane extremes of studying bovine flatulence. Liberals of Obama’s ilk think they are using government money to pay for a tax cut when in reality a tax cut is simply taking less money from us to begin with. That Obama continues to propose budgets with deficits shows just how hypocritical he is. Instead of playing the schoolyard blame game, Obama needs to man up and start telling Democrats they can’t continue to spend like there is no tomorrow. America is already getting tired of him blaming the previous administration. If he doesn’t man up soon, 2010 is going to be a great year for the GOP and Obama will end up another one term failure like Jimmy Carter.
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