August 25, 2009

The lunatics have taken over the asylum

So, the Obama administration admits that the budget outlook is even worse than they thought, and then...

"I know there are going to be some who say that this report proves that we can't afford health reform. I think that has it backwards," Orszag told reporters. "The fiscal gap is precisely why we must enact well-designed and fiscally responsible health reform now. . . . Given the long-term nature of that problem, we simply can't afford to wait."
That's right. The country's finances are in worse shape than even Teh Smartest Administration EVAR now admits...
In their traditional summertime budget review, administration officials acknowledged that they relied on overly optimistic assumptions about the economy when they forecast in March that Obama's budget plans would generate deficits of $7.1 trillion over the next 10 years. After factoring in the severity of the recession and the prospect of a more sluggish recovery, the White House concluded that the budget outlook is significantly worse.
Given that, "we simply can't afford to wait" to add another crippling entitlement program to our already bankrupt government...
Orszag acknowledged, however, that health-care reform alone cannot solve the nation's budget problems, and he said deficit reduction will be "a top priority" when the president presents his next budget proposal to Congress in February.
Yeah, let's ram this huge clusterfuck that's going to add trillions to the deficit through and just wait until next year, when Obama promises (pinky swear!) that he'll work on reducing the deficit. Presumably through cutting wasteful spending (i.e. your Grandma's hip replacement) and God only knows whatever other dishonest accounting tricks we're supposed to swallow.

When this "top priority" is revealed as something else that The One has failed at, what do you want to be that the words out of his piehole include "Let me be clear" and "we inherited"?

Posted by: Sean M. at 10:32 PM | Comments (2) | Add Comment
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