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Old 02-22-2009, 11:34 AM   #1
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Default The fiscally responsible president

Obama Seeks to Halve Deficit to Half Trillion Per Year by 2013
http://www.foxnews.com/politics/first100days/2009/02/22/obama-seeks-halve-deficit-half-trillion-year-end-term/

Let me get this straight. He racks up a 1.3 trillion dollar deficit his first few days in office. He claims he's still not done spending by annoucing another 275 billion to reward people forbeing irresponsibleby notpaying their mortgages. BTW details will be forthcoming. Now he annouces he will try to cut his spending in half be 2013? That's four years away and about another 5 trillion dollars. Me thinks his hand will be forced sooner than that. Can't wait until 2010 elections.
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Old 02-22-2009, 12:40 PM   #2
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Default RE: The fiscally responsible president

It's easier to say you will cut the deficit thanactually doing it, especially for Obama and company. Also, it's easier to plan cuts that will take effectafter your term is up. Sounds like hot air to me.
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Old 02-22-2009, 03:26 PM   #3
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Default RE: The fiscally responsible president

I find that dificult to believe considering Obama has added/will add another trillion to the defecit in his first month.
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Old 02-22-2009, 03:35 PM   #4
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Default RE: The fiscally responsible president

It is committed in the first month. His porky bill with interest is about 1.3 trillion. The people who will have to pay this crap bill off have not even been born yet.
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