What he says is the government should live within its means and reduce spending.

http://youtu.be/V1fA9-SryzY

What he's done and will continue doing. He's been absent most of the budget talks. After excoriating Congress last week for not working hard enough, he went to a fund raiser. Since taking office he's played 76 rounds of golf, taken 48 days of vacation, and held 149 fundraisers. Bush quit playing golf in 2003 saying,  "I don't want to some mom whose son may have recently died to see the commander-in-chief playing golf... And I think playing golf during a war just sends the wrong signal." He was mocked at the time for being shallow. 'That's a sacrifice?' kind of response. Bush also spent time working at his working ranch and was mocked for that. Bush was a RINO, but at least he was engaged, and didn't say one thing and do another. Of course all this is still Bush's fault, two and a half years into the Obama regime.

After saying we need to cut spending etc., here's what we've got.

Our debt at this pace will soon exceed the value of all US assets and GDP.

Should Be in the Guinness Book of Records

This November just passed broke a record…$150.4 billion additional debt; in just thirty days.

The Jurassic Press is saying that if the Obama tax hikes aren’t passed (usually referred to as Bush tax cuts) it will cost the government $855 billion over two years. Bush tax rates were passed in two bills, the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA). Just taking the 2003 cuts, using the Jurassic Press’ calculations, that means the US government lost $855 billion in 2003-04, another $855 billion 05-06, another $855 billion 07-08, and another $855 billion 09-10. Yikes! That’s like three and a half $trillion those poor politicians couldn’t get their hands on. Those poor deprived souls.

Does anyone actually believe that $3 trillion plus would really have been spent to reduce debt? That would have been wisely spent? Sadly, there are. Geeeeez.

Shut Up He Said, "I'm the President"

"I'm the President." So shut up and do as I say! "But I don't want the folks who created the mess to do a lot of talking. I want them to get out of the way so we can clean up the mess. I don't mind cleaning up after them, but don't do a lot of talking."




"When I walked in we had a $1.3 trillion deficit. That was gift-wrapped and waiting for me when I walked into the Oval Office." ummmm, well, not exactly..It was $460 billion. And by the way, before he was Pres, Obama voted for all the programs that got us into this mess.

It Gets Even Worse

The projected deficit of the US has been hovering around 11 trillion bucks. Not shocking, but certainly disconcerting, is an even more staggering projected $23 trillion, according to the Inspector General, Neil Barofsky. This is the new projected cost for all the bailout and stimulus programs. The GDP of the US is about $14 trillion. We are going trillions in debt beyond our worth as a nation. There are still people, and I know some of them, that still think it's a good idea. If you want evidence it doesn't work, check out Califiornia. They're issuing IOU's, having brown outs, and have runaway government spending still. New Jersy, Michigan, and New York have the same problems. One thing these states have in common is they're run by Statists. The most successful states, Texas and Indiana, are run by Conservatives. It amazes me to no end that people keep voting in politicians that make things worse and have a proven track record of failure, and don't vote in people that have economic policies that work.

Let's try this one more time (no, probably a gazillion more times)...If you let politicians take the people's earnings to pay themselves and their supporters, everybody but them gets poorer. Hellllloooooo.... the Austrian economic model works, the Marxist economic model does not work.

Obama's Deficit