Monday, July 13, 2009

"A budget with no shortage of lies" Jay Ambrose

From the Washington Examiner: "It’s nothing new for presidents to give us bloated budgets with phony promises of belt-tightening at the end of the day. But never, ever, in the history of the republic has there been so irresponsibly gargantuan a budget defended by rhetoric so duplicitous as we are now seeing from President Barack Obama."

"A truly serious president would not be fiddling around while our future burns. He would be addressing entitlements (mainly, Social Security, Medicare and Medicaid), which have tens of trillions in unfunded liabilities and constitute 60 percent of the budget. The day of reckoning on this government-generated mess is not all that far off, and when it comes, the economic crisis of the moment will seem small potatoes.

"But then, Obama knows what to do about this fiscal discipline thing – talk sternly about the need for it while zooming down the highway in the opposite direction."

http://www.washingtonexaminer.com/opinion/columns/JayAmbrose/A-budget-with-no-shortage-of-lies--44869377.html

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