During the press conference last night, Obama said "At the end of the day, the best way to bring our deficit down in the long run is not with a budget that continues the very same policies that have led us to a narrow prosperity and massive debt. It's with a budget that leads to broad economic growth by moving from an era of borrow and spend to one where we save and invest."
Sounds great. And the best way to move to an era of "save and invest" is by borrowing and spending our economy into the largest deficit in the known universe?
For years Democrat leaders have been saying this is the "worst economy since the great depression," despite the fact that the economy was at the same level as during the Clinton years when they marvelled at how he had turned America around. Even though this was another blatant lie on their part, they are now doing everything they can to make it true. Of course Obama will blame everything on Bush, like he always does.
And the "stimulus package" has been called the worst bill since the 1930's.
Another thing. Obama the Great said he would cut the deficit in half by the end of his first (and hopefully ONLY) term. Well, since he has qudrupled it in 2 months in office, cutting it back to Bush levels is not a big deal. But like everything else he has promised, I'll believe it when I see it.
Tell me again how the Bush era 1 trillion dollar deficit was horrible but now having several trillion dollars in debt is just what we need?
And then we get to the part where he is discussing his video to Iran. First I hope it was at least encoded properly so they can watch it. Unlike, oh I don't know, the set of 25 DVD's he gave to Gordon Brown.
During the answer about Iran, Obama throws this out "We haven't immediately eliminated the influence of lobbyists in Washington. We have not immediately eliminated wasteful pork projects." Hmmmm, really? It could be that his plan is to eliminate lobbyists by bringing them all into his administration.
Now, about those pork projects you and the Dems are against. Is this sort of like "we have to destroy the village to save it"?
At least the reports tried to ask a few real questions last night, even though Obama dodged giving real answers to most of them.
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