Obama's Priorities (exposeobama.com)

[Tea For One]

The President’s Priorities
February 3rd, 2010
WSJ



One rule of budget reporting is to watch what the politicians are spending this year, not the frugality they promise down the road. By that measure, the budget that President Obama released yesterday for fiscal 2011 is one of the greatest spend-while-you-can documents in American history.

We now know why the White House leaked word of a three-year spending freeze on a few domestic accounts before this extravaganza was released. No one would have noticed such a slushy promise amid this glacier of spending. The budget reveals that overall federal outlays will reach $3.72 trillion in fiscal 2010, and keep rising to $3.834 trillion in 2011.

As a share of the economy, outlays will reach a post-World War II record of 25.4% this year. This is a new modern spending landmark, up from 21% of GDP as recently as fiscal 2008, and far above the 40-year average of 20.7%.

In the “out years” in mid-decade, the White House promises that spending will fall all the way back to 23% of GDP. Even if you choose to believe such a political prediction, that still means Mr. Obama is proposing a new and more or less permanently higher plateau of federal spending.

And here you thought the “stimulus” was supposed to be temporary. This is also before the baby boomers retire and send Medicare and Social Security accounts soaring.

If this budget is Mr. Obama’s first clear demonstration of his long-term governing priorities, then it’s hard not conclude that this spending boom is deliberate.

Read More: [ http://online.wsj.com/article/SB1000...wsreel_opinion ]


Tags: Barack Obama, Budget, Spending while you can
Posted in Uncategorized | Comments (1)

[festus]

Glenn Beck reported that the budget contains income projections for Cap and Trade. Like Glenn said, "What do They Know That We Don't Know?"

Why is the budget projecting money from a bill that has not been passed into law? Is this the next thing that they are going to try and cram down our throats? We need to get a little angry about that and let our politicians know that they are on notice.

[fuhr52]

Bottom line is we are too dumb to know what is good for us. Obama and his progressive cohorts know what is best and if they have to do this behind closed doors it's for or own good. The media will justify these action. We are to shut up and get out of the way. I for one plan to show my dissatisfaction at the ballot box every chance I get.

[CapGun]

Too many people are trying to figure out why he is doing this or doing that. Some think that he is off track and making a few mistakes. They wonder why he doesn't change some of his policies so he will have broader support. He doesn't care about that.
He is following his "agenda"!
Overburden all! Remember>>>>>> "never let a crisis go to waste"???!!!!

[redboneshadow]

Have to also consider what they are not saying when they talk about budgets, bills, health care etc. Those are the silent killer of our rights. How do you fight a shadow ?

[fuhr52]

Have to also consider what they are not saying when they talk about budgets, bills, health care etc. Those are the silent killer of our rights. How do you fight a shadow ?

Keep him exposed. Keep the light of truth nipping at his heals.

[rforgy]

Glenn Beck reported that the budget contains income projections for Cap and Trade. Like Glenn said, "What do They Know That We Don't Know?"

Why is the budget projecting money from a bill that has not been passed into law? Is this the next thing that they are going to try and cram down our throats? We need to get a little angry about that and let our politicians know that they are on notice.

It also has projections based on health care passing. Me thinks they are projecting this budget like the woman who thinks that as long as she has checks she can write them.