Posted on 01/31/2010 8:44:17 AM PST by FromLori
Obama has previewed key details of his budget for fiscal 2011, including a freeze on some domestic spending and a commission on fiscal responsibility. He has also told creditors like China he understands that failing to tackle the deficit could ultimately erode confidence in the United States.
Obama risks being painted in an election year by his Republican Party foes as a tax-and-spend liberal after he pumped hundreds of billions of dollars into the economy. He said this action was vital to staving off a depression, while Republicans say the money was misspent.
But Obama faces greater political peril if he fails to ease unemployment, now at 10 percent, and said the budget will not be cut while the economy is recovering, declaring in last week's State of the Union address that jobs were his top priority.
(Excerpt) Read more at reuters.com ...
Too little, too late.
No one believes a word coming from this administration.
ping
Dear President 0,
You, and your Democrat allies in the Congress, demanded $787 billion from American Taxpayers for a “Stimulus” bill. If we gave you that money, you told us unemployment would stay under 8%. If we did nothing you claimed unemployment would go to 9%.
It went to 10.2% and it is stuck there. GW Bush did not do that, YOU did that. So quit being a punk clown pointing fingers at everyone else and, finally, own up to your errors. Doing more of the same will not fix this economy.
He can freeze domestic spending because he has already raised spending to a limit that the world has never seen. All the money payed back by the banks and others will be spent on something else rather than paying it back to the people they borrowed it from. It’s all a game that they think the people will never see.
[All the money payed back by the banks and others will be spent on something else rather than paying it back to the people they borrowed it from]
Then they should be prosecuted. The law says it must be used to pay down the national debt.
“Painted as a tax and spend liberal?” Hussein is not a tax and spend liberal. He’s a tax and spend Marxist!
I thought the US Congress was elected to be a “commission on fiscal responsibility”
When Government doesn’t have the revenues due to the spend and tax (hopey-changey from tax and spend) moving money between accounts is nothing but smoke and mirrors. Having a freeze on spending in discretionary accounts after you have had a year of massive spending increases is “in the noise”; a raindrop in the ocean.
I heard Michelle requested getting Saturday date night plans in writing now.
We have to call radio shows, write letters to the editor, after all if Ellie Lite can do it so can we..........demanding the repaid TARP money be returned to the treasury to reduce the deficit. EVERY PENNY.
Just more and more and bigger lies.
Just more and more and bigger lies.
Wait until the Markets get a load of what’s in this. last week he talked the markets down to just over 10,000. How much Premier Hussein will talk the Markets down this week is yet to be seen.
Bammy will crush heavy industry to save the Planet, replace them with “Green squeaky clean energy” which will surely create far more jobs than that greedy evil profit taking private enterprise, give everybody College Loans to whomever wants them, extend Federal Unemployment benefits, Food Stamps, Triple the size and scope of Government and put half of the population to work for the Government.
Now, here is a plan that gives them all wet dreams. Especially “investors”. (Commonly known to you and me as TAX PAYERS.)
P.S. He's not an ideologue you know!
bump
Quit talking about the facts.... can we talk about something with a greater future like redistribution of wealth and larger government?
How about the government can be efficient as the employer and wealth generator?
I'm guessing 6666 again...
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