We’re talking the Obama budget.
This $3.73 trillion budget does a Cee Lo Green (“Forget You,” as cleaned up for the Grammys) to the voter mandate in November to control spending. It leaves every hard decision to the new House Republican majority. And it ignores almost entirely the recommendations of Mr. Obama’s own deficit commission. No wonder the commission’s Democratic co-chairman, Erskine Bowles, said Monday that this budget goes “nowhere near where they will have to go to resolve our fiscal nightmare.” And he’s an ally.(emphassis added – ed)
Hey, maybe it’s NOT all the Republican’s fault. I’m sure the Boulder re-education police will be out to my house shortly.
added at 7:45a:
Betsy chimes in with multiple sources with a post entitled, appropriately I might add, “What leadership doesn’t look like“. A few excerpts…
This is not what leadership looks like. This is what political opportunism looks like.
But the Obama fantasy is still alive. His budget assumes annual economic growth of 4% from 2012 to 2014. No one else is predicting that sort of economic growth. And the very policies that Obama has endorsed will guarantee that we will not be seeing that level of growth any time soon.
Tax hikes are cited, but I would include Obamacare (responsible for tax hikes) and no drilling in the Gulf of Mexico. Betsy concludes…
What Obama lacks in leadership, he makes up for with political cynicism. He puts forth a unicorns and rainbow budget and then waits to slam Republicans when they put forth an adult budget. Perhaps that opportunistic political maneuvering will work once again. And we’ll dig ourselves a deeper fiscal hole. But hey, Democrats will get some good campaign ads and slogans. And isn’t that all that matters?
Camelot.