Posted on 08/02/2010 5:20:38 PM PDT by Kaslin
Rumors of Congressional Democrats privately expressing disapproval of the Obama administration's actions and policies have been given more credence by such things as House Speaker Nancy Pelosi's public criticism of White House spokesman Robert Gibbs.
But when two long-time Democratic pollsters, Patrick Caddell and Douglas Schoen, called President Obama "cynical" and "racially divisive," that was a dramatic statement. It was like saying that the emperor has no clothes.
A much more rhetorically subdued but nevertheless devastating implicit criticism of current government spending policies came from an even more unlikely source: the Congressional Budget Office, whose director is a Democrat.
Without naming names or making political charges, the Congressional Budget Office last week issued a report titled "Federal Debt and the Risk of a Fiscal Crisis." The report's dry, measured words paint a painfully bleak picture of the long-run dangers from the current runaway government deficits.
The CBO report points out that the national debt, which was 36% of the Gross Domestic Product three years ago, is now projected to be 62% of GDP at the end of fiscal year 2010 — and rising in future years.
Tracing the history of the national debt back to the beginning of the country, the CBO finds that the national debt did not exceed 50% of GDP, even when the country was fighting the Civil War, the First World War or any other war except World War II.
Moreover, a graph in the CBO report shows the national debt going down sharply after World War II, as the nation began paying off its wartime when the war was over.
(Excerpt) Read more at investors.com ...
Ping
Carville had a few sharp words about what the admins been doing to LA.
Only he kept referring to it as “they”. Well “they” is his guy. Enjoy.
Thomas Swell??
what a swell guy
Oops, thanks for pointing it out. I asked the Admin moderator to correct it
Thanks for the ping jaz. Agree with his perspective of their bottom line.
Hits the nail as usual.
Thanks for the ping Jaz. Dr. Sowell nails it again.
Sowell BTT. I would suggest gently to the administration that they be very, very careful about engaging Dr. Sowell in this particular arena. Sowell versus Gibbs would be pure cruelty. That I’d buy a ticket to see, albeit brief.
I can’t wait until about January when Hillary announces that she will be running for the Democratic nomination for President in 2012.
Let the blood-bath begin.
Wouldn’t it have been lovely if Dr. Sowell had been OUR FIRST BLACK PRESIDENT, say back in 1988? The History of our Beloved nation would have been SO Different.
1. The First Black President would have been a brilliant, wise and wonderful man, thus vindicating and Blessing the Stuggle for Civil Rights.
2. The Above would have defused and invalidated all the Race Pimps and Race baitors who have destroyed The Dream of Racial harmony in the USA.
3. We Would have been SPARED the Clintons, Monica, and Obama, and most of the Buffoons in Congress.
4. We would have been United as a Country on 9/11/01 (which might not have even happened!) and could focus on the REAL enemy.
5. The Blessings of the Reagan Years would have continued unabated.
But alas, it was not to be.
(from the road on a junky laptop. Please forgive my spelling errors and ravings. LOL)
El Kabong
ML/LOTS
I'm picturing an (intellectual) steel-cage deathmatch.
Yes, it would be very short.
You could have shortened the title to “Democrats bite.”
Yeah and “Let the games begin!”; I’d like to add. heheheheheh
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