Snake.jpgBack when I was young, Kris Kristofferson warned us all of the dangers of the silver tongued devil… the person who would come off as a charming fellow and say things you want to hear, then turn around and do you wrong. If you’ve been paying any attention at all to the running series of comments from both President Obama and Congressional Democrats on matters of spending, the deficit and the national debt, you should be getting an old, familiar feeling. It was only six months ago to the day, on Feb. 22, when Barack Obama proclaimed that he was going to cut the deficit in half by the end of his first term. And let’s be sure to recall that this was after TARP was already in play and Porkulous was under construction like a fully operational Death Star. The economy had begun to collapse the previous fall, so nobody could say it was coming as a surprise.

My, how things change in six months. (Hat tip: Hot Air)

Obama to raise 10-year deficit to $9 trillion

WASHINGTON (Reuters) – The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.

The higher deficit figure, based on updated economic data, brings the White House budget office into line with outside estimates and gives further fuel to President Barack Obama’s opponents, who say his spending plans are too expensive in light of budget shortfalls.

Politically, the deficit has been an albatross for Obama, a Democrat who is pushing forward with plans to overhaul the U.S. healthcare industry — an initiative that could cost up to $1 trillion over 10 years — and other promises, including reforming education and how the country handles energy.

You’ll keep hearing more and more claims about how the Democrats’ proposed health care legislation will actually wind up saving money through the miracles of cutting waste, fraud, and abuse. (Oh yes, and eliminating the evil insurance companies.) But the CBO keeps on shooting those ideas down, saying that the Dem plan will not result in any savings and putting the price tag at close to one trillion. Not to mention that some analysts are convinced that the CBO is using an outdated model and the real cost of ObamaCare will come in at closer to two trillion.

And yet some supporters still protest loudly here, saying, “Oh, Jazz. Don’t you call us tax and spend Democrats. That’s an old myth and you can’t prove it.”

You’re right about one thing. So far all we’re really seeing is the spend side of that characterization, aside from some early hits on tobacco, alcohol and “luxury” items. The real taxes haven’t started yet. But don’t worry … you can trust Congress. They wouldn’t lie to you, would they? Hisssssssssssssssssssssss.

JAZZ SHAW, Assistant Editor
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vey9
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vey9
7 years 1 month ago
Where have I heard this before? “For decades, we have piled deficit upon deficit, mortgaging our future and our children’s future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals. You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we are not bound by that same limitation?” — From Ronald Reagan’s first inaugural address Deficit under Carter $74 Billion in last year. Deficit under Reagan $155… Read more »
larrygwaltney
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larrygwaltney
7 years 1 month ago

vey9 –

If you check your Constitution, it’s the House that draws up the budget, not the President. The House was Democratic during Reagan’s two terms. Even though the tax cuts brought in record revenue, the Democratic House spent about $1.50 for each $1.00 brought in.

So it was the Democrats, not Reagan.

g_lafleur
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g_lafleur
7 years 1 month ago
Deficit under Carter $74 Billion in last year. Deficit under Reagan $155 Billion in last year. so after you deduct the deficit Reagan inherited, the deficit increased 81 billion-over eight years. Let’s not forget that Reagan fought (and won) the cold war. He broke the Soviet Union’s back. But that didn’t come cheap. Now taken in the context that the money was spent eliminating the greatest singular threat to world peace, wasn’t it worth it? It’s not fair to compare the deficit left by the hapless Carter to that of Ronald Reagan in light of their respective accomplishments.
freedom_writer
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freedom_writer
7 years 1 month ago

Let me see: Hamas 100 million, foreign aid DOUBLED, International Monetary Fund 108 billion, offshore drilling (Brazil) 2 billion loan, cash for clunkers to buy Toyatas and Hondas – what country is the “wrong” country?

DrToast
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DrToast
7 years 1 month ago

We’ve gotten used to the cycle: Repbulican Presidents run up unfunded massive deficits and leave it to Democrats to raise taxes.

If Democrats are “tax and spend,” I guess that makes Republicans “borrow and spend.”

Kastanj
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Kastanj
7 years 1 month ago
Is he spending the money on the wrong country? If the answer to that question is “no”, I think a little introspection and humility is expected from the majority of his critics. However, adding to the deficit simply is a problem even if it would be caused by an important decision. While fiscal responsibility and sustainability are words the GOP and the right have abandoned the right to brandish with any credibility, Obama has not made it easy for himself by claiming he doesn’t want to add to the deficit with reform. That’s one of the reasons he and his… Read more »
Zappatta
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Zappatta
7 years 1 month ago

delete this please

Zappatta
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Zappatta
7 years 1 month ago

Kastanj,
I notice you ignored the jist of the gentlemans post. I can only assume you agree that we need a greater deficit and taxes to fund it as long as the programs you like are paid for. Also, if the GOP has lost credibility on spending, what does that say about the Democrats? They ran on fiscal responsibility and less spending during the 2006 midterms. If you are a fair minded person then I think you would agree that both parties are not to be trusted with the peoples labor.

CalifGirlInMaine
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CalifGirlInMaine
7 years 1 month ago
Kastanj: “Is he spending the money on the wrong country?” How about $2B for off-shore drilling in Brazil? With our economic problems and needs here at home, I believe that is extremely irresponsible. Esp. when Congress et al. will not agree to more drilling for oil domestically, and Obama prattled on during the campaign about the U.S. becoming “energy independent.” How will that happen if we have to buy oil from other countries, instead of drilling into our own supplies? No matter how much Obama or anyone else wants to wean us off oil, it’s not going to happen very… Read more »
hondav65
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hondav65
7 years 1 month ago

Thanks for reminding us of this! What the Democrats never counted upon (but what all good Conservative mothers remind their children of) is the fact that our lies always eventually catch up with us.

There is an avalanche of karma that Obama will soon have to deal with. 😀

Dangerd
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Dangerd
7 years 1 month ago

“Deficit under Carter $74 Billion in last year. Deficit under Reagan $155 Billion in last year.”

Two questions:

1. What was the deficit in percentage of GDP IRT Carter v Reagan.
2. Reagan brought on the collapse of the USSR and the end of the cold war. What has Obama given us to justify the 9 trillion dollar deficit?

pacatrue
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pacatrue
7 years 1 month ago

Dangerd, because Reagan destroyed the Soviet Union all within 6 months!

Obama is trying to give us: 1) a revived economy, 2) not destroying ourselves through environmental destruction over time, and 3) a health care system that doesn’t pay more for less care than 30 other national systems.

Maybe you do not care about the environment, the economy, or health care, but many do.

Kastanj
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Kastanj
7 years 1 month ago

“(but what all good Conservative mothers remind their children of) is the fact that our lies always eventually catch up with us.”

Then those conservative mothers elected Bush and proved to their children that, no, America isn’t a meritocracy and you can get ahead by lying.

modernpatriot
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modernpatriot
7 years 1 month ago
Can we all just admit that politicians from both sides have their own interests based on what lobbing group gives them the best deal. Most could care less about what “We The People” want. I am an x republican, now an independent and I am more concerned about using my future vote for candidates who believe in the Constitution. No matter what side of the argument these comments always seem to deteriorate into a well the other guys did/do this. I think the point is that politicians never get held accountable for what they say on the campaign trail and… Read more »
realistx
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realistx
7 years 1 month ago
“The cost of our debt is one of the fastest growing expenses in the federal budget. This rising debt is a hidden domestic enemy, robbing our cities and states of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on … If Washington were serious about honest tax relief in this country, we’d see an effort to reduce our national debt by returning to responsible fiscal policies.” – Barack Obama, Speech in the… Read more »
rudi
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rudi
7 years 1 month ago

To all the Repugs commenting here; where was your outrage when W and Delay pushed thru the Medicare Drug plan in the hopes of buying the senior vote?

nagarajansivakumar
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nagarajansivakumar
7 years 1 month ago
Rudi, Thanks for admitting that Obama is atleast as worse as Tom Delay and George W Bush , unintentional as it may be. And i am sure that the Democrats in Congress VIGOROUSLY OPPOSED the Medicare Drug plan in hopes of sacrificing the senior vote on behalf of “principles.” By the way do those principles include trying to buy the senior votes with Ponzi schemes like Medicare and Social Security.? George W Bush and the thug Delay made sure that there was no real discernible difference between DemocRATS and Gopeeeers when it came to fiscal policy – that is not… Read more »
$199537
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$199537
7 years 1 month ago

More than Carter/Reagan this reminds me more of Bill Clinton, who campaigned on a platform of middle class tax cuts. In fact when asked in a debate what his first act as president would be, he responded he would enact a middle class tax cut.

Of course when he got into office the story was different. After the election he announced things were worse than he thought and then it was “Silly me, did I say tax cut? Actually I have to raise taxes, sorry about that!”.

Kastanj
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Kastanj
7 years 1 month ago

“What has Obama given us to justify the 9 trillion dollar deficit?”

He didn’t. All of the deficit isn’t Obama’s, you know.

“They ran on fiscal responsibility and less spending during the 2006 midterms.”

When the party you compare yourself to spend very much on a stupid goal, then spending much on an important goal is still fiscally responsible. Fiscal responsibility doesn’t mean never having a deficit or never raising taxes.

Lit3Bolt
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Lit3Bolt
7 years 1 month ago

Ok let’s run with this Jazz. What’s your solution to this problem? Is it pithy enough that you hid it somewhere in this post? If both the Democrats and Republicans have broken the public trust, what are…should I say CAN…you do about it?

Leonidas
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Leonidas
7 years 1 month ago

One picture says 1,000 words

Leonidas
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Leonidas
7 years 1 month ago

Accidental double post

Jcavhs
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Jcavhs
7 years 1 month ago

Nevermind that most of the deficit comes from the Bush tax cuts, the Bush wars, the Bush Medicare Part D and the economic meltdown (which was a combination of Clinton and Bush policies).

But no. It’s all the Obama’s fault.

$199537
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$199537
7 years 1 month ago

Nevermind that most of the deficit comes from the Bush tax cuts, the Bush wars, the Bush Medicare Part D and the economic meltdown (which was a combination of Clinton and Bush policies).

But no. It’s all the Obama’s fault.

When your house is already on fire it’s not a good time to pour gasoline on it.

gerrysh
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gerrysh
7 years 1 month ago

Yes, dipwad, it’s all Barry’s fault. Barry said he would cut the deficit in half. What happened before is irrelevant. Once again D’ohbama has proven to be a liar. Deal with it.

Jcavhs
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Jcavhs
7 years 1 month ago

Because when dealing with the worst economic crisis since the Great Depression and two foreign wars he really should be able to do EVERYTHING he promised in under 8 months.

fearsomecomrade
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fearsomecomrade
7 years 1 month ago
“To all the Repugs commenting here; where was your outrage when W and Delay pushed thru the Medicare Drug plan in the hopes of buying the senior vote?” Our outrage was expressed on our talk shows, on the editorial pages of papers like the WSJ, and in conservative magazines like National Review. You just weren’t paying attention. If it hadn’t been for that outrage, there’s no way the Democrats could have taken back Congress. The deficit was heading downward at the end of Reagan’s 2nd term, and upward at the end of Carter’s. Also, it was heading downward throughout Bush’s… Read more »
Leonidas
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Leonidas
7 years 1 month ago

Most of the deficit comes from the Public wanting to be tucked in at night by the Federal Government and given milk and cookies and promises that everything will be alright, just go to sleep.

pacatrue
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pacatrue
7 years 1 month ago

Or health care. Milk and cookies… or health care. Equivalent of course.

Leonidas
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Leonidas
7 years 1 month ago

Double post due to forum comment bugs

Leonidas
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Leonidas
7 years 1 month ago

Speaking of Fork Tongued Democrats….

Fact Check just busted Obama for lying about the abortion side of the healthcare debate.
http://factcheck.org/2009/08/abortion-which-side-is-fabricating/

Now I’m curious, are there any here who are in favor of a public option but cannot accept the current democratic proposal that allows for federal funding of abortion with your taxdollars? Particularly insterested in the thoughts of those on the left with strong religious convictions against abortion.

browns1
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browns1
7 years 1 month ago
Obama is a LIAR. He can stand straight faced, and lie on and on and on about deficit neutral Universal health care, when he knows they’re taken $250 billion off the table, because they already knew about it?? Liberals, don’t you have any answers to anything,when your partys grown the deficit from $588 billion, to $1.6 trillion, in 6 months? Bush’s fault?? IDIOTIC. It’s Nancy, Reid, and Obama writing the checks kids, not Bush. Obamas caught in a new lie everyday, and all you idiots can say is, BUSH’S FAULT, BUSH’S FAULT?? How long are you going to repeat that??… Read more »
DLS
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DLS
7 years 1 month ago

It’s no surprise. What happened under Reagan, revenues going up but the Demmies in Congress spending $1.43 or something like that?

This year Obama and his Congre-Dems have dwarfed what the Republicans under Bush did.

It’s not surprising, though the exploitable and collaborationists will still “defend” and “justify” [rolling eyes] the misspending and other misconduct this year.

All that remains is the return of the libs’ and Dems’ “ignore the deficit scare” and “deficit myth” nonsense.

“Speaking of Fork Tongued Democrats….”

And all that is needed here is to add the name of the Democrat of the Moment who has lied this time.

DLS
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DLS
7 years 1 month ago

“When your house is already on fire it’s not a good time to pour gasoline on it.”

They insist more gasoline is needed. More gasoline, NOW!

DLS
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DLS
7 years 1 month ago

“what does that say about the Democrats? They ran on fiscal responsibility and less spending during the 2006 midterms”

P.T. Barnum remains correct, when it comes to these Demmies. There’s a sucker born every minute.

(Also, buying votes continues to be rewarding so long as there are those whose votes are easily bought.)

DLS
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DLS
7 years 1 month ago

“Bush’s fault?? IDIOTIC.”

Presumably there are idiots who believe this. It also helps manipulate the opinion of the manipulable, too, as a handy diversion from another Dem failure (dwarfing what Bush did wrong) and which raises concerns among better people yet again about the Dems’ health care effort (not only costs but issue of character).

pjean
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pjean
7 years 1 month ago

The very transparency this president proclaimed to create will be the primary thorn in his side during his presidency. It is his lack thereof that has hurt this country most. He promised to be different, but instead he has reduced the trust that Americans have in Washington and made evident, the contempt that Washington has for average American folks. Yeah, I said “folks”.

obarmadopeandstrange
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obarmadopeandstrange
7 years 1 month ago

Rudi stfu with your faux outrage if bush and delay hadn’t put through medicare you would have accused them of wanting old people to die but when they did they bought off the old folks vote they are damned if they od and damned if they don’t with twerps of your ilk

kathykattenburg
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kathykattenburg
7 years 1 month ago
When your house is already on fire it’s not a good time to pour gasoline on it. Maybe so, but if you (non-specific “you”) are one of the people who set the house on fire, or if you supported and cheered on the people who set the fire, or if you knew the house was being set on fire and acted like it wasn’t happening, or if you have spent zero time acknowledging that the fire burning down the house was set by somebody else, then you lack the credibility to say that the firefighters are doing their job wrong.… Read more »
Leonidas
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Leonidas
7 years 1 month ago

Freedom writer,

While I’m generally on the Conservative side of the line, I do not have a problem with the loan to Brazil. Two reasons.
1. Its an investment and may well show a good return
2. It provides more oil on the market and cuts into the power of middle eastern oil producers and othat of Hugo Chavez.

What I do find fault with is foot dragging and resostance to US off shore drilling, but that does not make the Brazil deal a bad one.

Leonidas
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Leonidas
7 years 1 month ago
@ Kathy ” Maybe so, but if you (non-specific “you”) are one of the people who set the house on fire, or if you supported and cheered on the people who set the fire, or if you knew the house was being set on fire and acted like it wasn’t happening, or if you have spent zero time acknowledging that the fire burning down the house was set by somebody else, then you lack the credibility to say that the firefighters are doing their job wrong.” Well said, and many Republican’s such as myself were outraged at some of the… Read more »
Pug
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Pug
7 years 1 month ago
It’s no surprise. What happened under Reagan, revenues going up but the Demmies in Congress spending $1.43 or something like that? Congress actually approved less spending than Reagan proposed. Reagan slashed taxes and sharply increased spending, mostly on the military. He operated under tooth fairy economics. Still, these conservatives will take no responsibility for any of the national debt. It was all somebody else’s fault. Bush left a $1.2 trillion deficit, a crashing economy teetering on the brink of depression and two wars in progress. NIce job. HIs tax cuts also wiped out the budget surpluses left to him by… Read more »
Leonidas
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Leonidas
7 years 1 month ago

Both Bush and Obama have been grossly irresponsible in the spending category. Watching people point fingers back and forth on this and blaming only one side is comical. Bush was an idiot for spending like this, Obama is now a bigger idiot for spending even more, but they are both still idiots no matter how much we debate on who is the bigger one.

Where is Calvin Coolidge or even better Grover Cleveland when you need them.

foxwood
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foxwood
7 years 1 month ago

Do you believe the Constitution is the rule of law? Do you believe in the original intent of our founding fathers? Do you want to reform Congress? If your answer is yes, we have to work together to make this happen.

http://animal-farm.us/change/constitution-project-575

Jim_Satterfield
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Jim_Satterfield
7 years 1 month ago
Jazz has been defended by many as not being a doctrinaire conservative. However, on this subject he has shown over and over again that this is precisely what he is. His deep hatred of the current administration and Democrats in general is on full display. He says that given the economy this shouldn’t have been a surprise. Really? Economic statistics are always being revised. Projections are too. In the Reuters article he links to there is this passage: “The new forecasts are based on new data that reflect how severe the economic downturn was in the late fall of last… Read more »
Leonidas
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Leonidas
7 years 1 month ago

@ Jim Satterfield,

When I see a moderate post from you I’ll consider taking any labels you try to give others some credence, thus far I haven’t. I’m sure you don’t give my 2 cents any credence either but I’m fine with that.

rudi
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rudi
7 years 1 month ago

@obarmadopeandstrange
Try using only capitals on your next rant. Loved the non use of punctuation…
; – P

modernpatriot
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modernpatriot
7 years 1 month ago
Leonidas I agree, all the politicians suck. Don’t any of you people realize this is exactly what both sides want. My sides got one bigger than yours. And while we are doing all this fighting over the past they slip little bills through and half of us, or more don’t even know about them. No matter what side you are on saying the other side in the past did this or that is no defense, period. If you accidentally backed out of your driveway and ran over my child and killed him then I guess it would be OK for… Read more »
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