Doug Ross illustrated the magnitude of President Obama’s “tough budget cuts”
President Obama’s 2012 budget will be roughly $3,800,000 million ($3.8 trillion).
The anticipated 2012 budget deficit will be $1,500,000 million ($1.5 trillion). This means we are borrowing that amount from our children to fund all of the Democrats’ Utopian spending programs.
Finally, the president has proposed “tough budget cuts” that total $775 million. No, that’s not a joke.
It is generally recognized by just about all members of the commentariat with IQs higher than room temperature that America’s projected entitlement spending was unsustainable… before Obamacare was added. The federal deficit threatens this country’s current economic, political, and military capabilities and promises to undermine the prosperity of future generations.
The president’s response is disappointing even to people on the left. Andrew Sullivan was a particularly conspicuous bellwether today, departing from his customary role of flack and harshly criticizing Obama.
[T]his president is too weak, too cautious, too beholden to politics over policy to lead. In this budget, in his refusal to do anything concrete to tackle the looming entitlement debt, in his failure to address the generational injustice, in his blithe indifference to the increasing danger of default, he has betrayed those of us who took him to be a serious president prepared to put the good of the country before his short term political interests. Like his State of the Union, this budget is good short term politics but such a massive pile of fiscal bullshit it makes it perfectly clear that Obama is kicking this vital issue down the road.
To all those under 30 who worked so hard to get this man elected, know this: he just screwed you over. He thinks you’re fools. Either the US will go into default because of Obama’s cowardice, or you will be paying far far more for far far less because this president has no courage when it counts. He let you down. On the critical issue of America’s fiscal crisis, he represents no hope and no change. Just the same old Washington politics he once promised to end.