Posted on 10/24/2010 5:27:06 PM PDT by reaganaut1
Preparing for political life after a bruising election, President Barack Obama will put greater emphasis on fiscal discipline, a nod to a nation sick of spending and to a Congress poised to become more Republican, conservative and determined to stop him.
He is already giving clues about how he will govern in the last two years of his term.
Obama will try to make gains on deficit reduction, education and energy. He will enforce his health care and financial overhauls and try to protect them from repeal should Republicans win control of Capitol Hill. He will use executive authority when blocked by Congress, and steel for scrutiny and investigations if the GOP is in charge.
While trying to save money, Obama will have to decide whether to bend to Republican and growing Democratic pressure to extend Bush-era tax cuts, even for the wealthy, that expire at year's end. Obama wants to extend them for people making less than $200,000 and married couples making less than $250,000, but a broader extension is gaining favor with an increasing number of Democrats.
Moving to the fore will be a more serious focus on how to balance the federal budget and pay for the programs that keep sinking the country into debt.
...
Obama says the most frustrating part of his presidency is that he had to keep spending money and adding to the deficit in his first six months in office "to save the economy." He has from the start called deficit reduction a goal, but one that had to get bumped in favor of sparking the economy.
(Excerpt) Read more at news.yahoo.com ...
Obama “reducing the deficit” means raising taxes on “the rich.”
I goofed and cited the NYT as the source instead of the Associated Press.
Yeah. R-I-G-H-T!!!
Translation: Hold on to your wallets. Taxes are going through the roof!!!
As said upthread, he may focus on raising taxes but he will not focus on cutting the size of government spending...the latter would require a confession of guilt and that is impossible for him.
IMHO, we'll see unprecedented use of EAs by nobama. EAs may be the only way he can get anything done.
Our guys need to be ready for this. Tie the EAs up in court, challenge the constitutionality, etc.
And you ran up the deficit and still did not save the economy.
Obama will either face a harsh rebuke by history...or he will destroy history by destroying free speech.
Translation: vote for the Democrats since we promise Obama is actually starting to worry about the deficit and the debt.
(sure he is...)
Ultra lefties like Zero only know two actions to “cut the deficit’.
1. Raise taxes
2. Cut defense
Rinse and repeat.
Obama likely to focus on preventing to be impeached.
Aericans = Americans.
Blasted fast typing.
The jerk has been “focusing on the deficit” for the last 2 years - focusing on inflating it to insane levels.
Good idea, since he’s fixed everything else.
/s
No he wont. We who know him, knows that he will do what he has done for the last twenty months. He will do all that he can do to hurt, destroy, cripple the American economy.
It is pay back to all the neo-colonialist white people who have hurt all the other people of the world. He is leveling the playing field in his corrupt and wicked mind.
The book “The Hidden Rage of Barack Obama”, by D’Souza has the best explanation I’ve read yet on what Obama is and why he is doing what he is doing to America.
That is why November 2nd is the most important voting cycle in American history. If we don’t get both chambers back things I fear will get bad, very bad for America.
Pray for the republic, in Christ Jesus’s name.
Riiiiiiiiiiiiiiiiiiiiiigggggggggghhhhhhhhhttttttt......
He’s f@@@@d the country over so much now, this is just laughable. Totally unbelievable. Does anyone even believe anything out of his mouth?
Obama will be focused on how much more damage he can do, to undermine our republic, in the next two years.
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