In an interview with ABC’s George Stephanopoulos, President Obama calmly said he has a plan to continue spending.
He does not believe there is a debt crisis, at least not for the next ten years.
At 1:32 he said that if Republicans don’t offer up revenue (in other words, tax increases – I don’t want that to get lost in translation), then there is no deal. He already was given $600 billion in revenue in the last deal to say nothing of the hundreds of billions in revenue added with Obamacare and the Stimulus.
At 1:52 he said he’s not coming forward with a budget that is balanced in ten years because he doesn’t like the way Paul Ryan does it. I assume he likes Patty Murray’s budget.
Senate Democrat Patty Murray offered an outline of a plan today which will add $891 billion to the debt in fiscal year 2013.
It will add $5.2 trillion to U.S. public debt over the next ten years, pushing it above $18 trillion in 2023 [Reuters screwed up here, it adds up to $22 trillion. This is the liberal math]. [Reuters]
The debt would allegedly decline gradually but I don’t see how a politician today can make a commitment for a politician ten years from now. They will want to get re-elected too. This administration is selling us green cheese from the moon.
Her plan only decreases the debt by $1.85 billion over 10 years. It is a cut to the increase in spending which is in essence, no cut at all.
At 2:15 President Obama makes it clear he wants to grow the economy. If he can grow the economy, why hasn’t he done so in four years?
At 2:36 the president lies and says that the shutting down of White House tours didn’t go up to the White House! He lives there and he didn’t know? No one mentioned it to him?
He didn’t know about Benghazi and the security requests, he didn’t know about Susan Rice and the faux talking points, he didn’t know about the thousands of illegal criminals being released, he didn’t know about the Petraeus investigation, he didn’t know about Jeremiah Wright’s bigoted statements, he didn’t know Bill Ayers was a terrorist, he didn’t know the amount of the national debt when he went on the Letterman Show two years ago, but he will undoubtedly know who’s playing in the NCAA tournament (he is a renowned sports figure after all).
Okay, now listen to this video and tell me why it doesn’t apply to him?
And what happened to his promise to go line-by-line through the budget? We are wasting more money than ever. For instance, do we really need to spend $1.5 million to find out why lesbians are obese? I would venture a guess and say it’s for the same reason other people are obese – they eat too much – and it doesn’t cost $1.5 million for me to come up with that brilliant deduction.