Posted on 04/07/2013 10:27:30 AM PDT by Nachum
In his weekly radio address, President Obama explained the budget he'll rollout next week, and said, "the truth is, our deficits are already shrinking." Barack Obama delivers inaugural address 1-20-09 090120-A-8725H-285
"My budget will reduce our deficits not with aimless, reckless spending cuts that hurt students and seniors and middle-class families – but through the balanced approach that the American people prefer, and the investments that a growing economy demands," said Obama.
"Now, the truth is, our deficits are already shrinking. That’s a fact. I’ve already signed more than $2.5 trillion in deficit reduction into law, and my budget will reduce our deficits by nearly $2 trillion more, without harming the recovery. That surpasses the goal of $4 trillion in deficit reduction that many economists believe will stabilize our finances."
Obama is here referring to our yearly deficits, not the sum total of our debt, which is growing at an astonishing pace.
The truth is, our debt continues to grow.
(Excerpt) Read more at weeklystandard.com ...
The list, Ping
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Ah I see the Liar in Chief is lying again.
Shrinking from $1.3 Trillion to $1.29 Trillion...
Bunk.
(frankly)
Bring back US manufacturing now. And stop spending so much.
The liar’s lips are moving again.
Da “Queen” of Denial.
The only thing that is shrinking are his balls.
As short a time ago as February, the Ministry of Plenty had issued a promise (a 'categorical pledge' were the official words) that there would be no reduction of the chocolate ration during 1984. Actually, as Winston was aware, the chocolate ration was to be reduced from thirty grammes to twenty at the end of the present week. All that was needed was to substitute for the original promise a warning that it would probably be necessary to reduce the ration at some time in April....some time in April!
It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be reduced to twenty grammes a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it.
Then his call to raise “revenues” is to increase the size and scope of government.
Dang. I wish he would stop it. Apple juice just about flew out of my nose. I gotta laugh anymore at the ridiculousness of it all. No more tears.
Apparently, it’s always spending cuts that are “aimless and reckless,” never the drunken spending that causes both the deficit and increased debt.
With liars like obama, raising taxes to the point that the revenue finally catches up with the aimless and reckless spending, is how the deficit is “reduced.”
But politicians are always proactive; when they sense that revenue is increasing, regardless of whether or not the deficit is closed or budget balanced, they go off on another drunken spending spree.
We don’t need spending cuts; we need politician cuts, and we should start with the liar in chief.
Obama: ‘The Truth Is, I’m a Liar . . . I Mean, Lawyer”
Patent BULLSHIT!! Obama and his commisars don't know the meaning of the word "truth". They wouldn't recognize it if it bit them in the ass!!! FUBO
Perhaps from the perspective of devaluing the currency to economically devastating effect.
YOU LIE, OBONGO BOZO!
YOU LIE!
Whenever Zero says ‘the truth is’ or ‘this is a fact’, I KNOW he is lying. If we had an independent press we wouldn’t be in this state of decline!
Osama Obama will say *anything* but his prayers.
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