Goobieman

Obama warns about years of trillion-dollar deficits - International Herald Tribune

I see the lowering of expectations continues...

Of course, what you don't hear is that, with the Dems in complete control of the process, there's no reason whatsoever the FY2010-2015 budgets cannot have $0 in deficits.

But then, the Dems will come up with plenty of ways to excuse it, so...

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Phoenix

Listen to Rush Limbaugh much?

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Iriemon

I get a kick out of how conservatives, who generally sat mum while the Bush administration slashed taxes and ran up $5 trillion in debt, are now of a suddent deciding they are budget hawks now that a Dem is in charge.

Short term deficit spending in the midst of a contraction makes arguable sense. I disagree with Obama that it should require huge deficits for years to come.

JMak

So, wait a second...

Obama warns of continuing trillion dollar deficits, but then says that this "would force his administration to impose tighter fiscal discipline on the government."

So is Obama saying that the prospect of such deficits will force the government to impose tighter fiscal discipline...but just not enough to avoid this prospect coming to fruition?

So he's basically saying nothing at all then, right?

More, "Even as he prepares a stimulus plan that is expected to total nearly $800 billion in new spending and tax cuts over the next two years, he said he would make sure" that there'd be no effort to prevent these so-called "temporary" spending programs from turning into never-ending spending programs.

Got it.

And Ireimon, exactly which conservatives are you saying were mum? Certainly not those in Congress. Not those at National Review and The Weekly Standard. Not those pundits who are published at Town Hall. Not Rush, Hannity, or Coulter.

Who the hell are you referring to?

Phoenix

Even the most diehard Bush fans I have come across criticize him over his spending habits.

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Reverend_Hellh0und

He has no clue.

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Caith siar é agus ná lig anair á

Goobieman

Ireimon willfully confuses "conservatives" with "Republicans".

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Artificially supporting the weak, slow, sick and stupid strains already limited resources and weakens the species as a whole.
-Goobieman

Iriemon

Here's one:

"You know, Paul, Reagan proved deficits don't matter" The Vice President.

American

Your point?

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Phoenix

None really. I just found it amusing. Mere minutes after hearing it on Rush, it gets posted here.
Rush took credit for being the only one to pick up on Obama admitting his economic recovery program wouldn't work based on these statements!

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