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March 13, 2013

President Barack Obama Says He Won’t Balance Budget ‘Just for the Sake of Balance’ … In Other Words, He Will Never Balance It!

Posted in: Barack Obama,Budget,Budget Deficits,Capitaism,class warfare,Community Agitator,Divider in Chief,Economy,Epic Fail,Government,Leading from Behind,Lost in Smallness,Main,Nanny State - Big Government,National Debt,Out of Control Spending,Over-Regulation,Politics of Fear,Recession,Smear Campaign,Socialist in Chief,Wasteful Spending,Welfare State

File the following under something we did not know … Barack Obama has no intention of ever balancing the budget.

In an exclusive interview with ABC News, President Barack Obama rejected calls to balance the federal budget, as set forth by Rep. Paul Ryan (WI-R) in his recently released budget, in the next ten years and instead argued that his primary economic concern was not balancing the budget, but rather growing the economy. HUH? Growing the economy, how does this socialist, anti-capitalist, over-regulating president plan on doing this? What a shock, Barack Obama has returned back to his fear mongering and smear tactics after Paul Ryan released a responsible way to provide growth and reduce the budget. Let’s face it, Obama has no idea what he is doing with the economy and does not plan to reduce the deficit, because he is the one who has mainly helped in creating this $16 trillion and counting debt. The only growth that Obama knows is the record number of Americans on food stamps.

 Obama, I plan on balancing the budget this much.

My goal is not to chase a balanced budget just for the sake of balance. My goal is how do we grow the economy, put people back to work, and if we do that we are going to be bringing in more revenue,” he said. Obama rejected a proposal put forth by Rep. Paul Ryan today that would balance the budget in ten years, saying the Republican House member’s plan “slashes deeply” at programs like Medicaid.

Instead, Obama went back to his more comfortable demonization and “Divider” in Chief, community agitator mode and told George Stephanopoulos that Ryan and Republicans are attempting to balance the budget on the backs of the poor, the elderly, students. So much for the “offensive charm”, welcome back the blame and division of America. So I guess Obama is trying to destroy America on the fronts of the poor, elderly and students? Just wondering, what ever happened to shared sacrifice and everyone is supposed to have skin in the game, including the poor, elderly and students?

We’re not gonna balance the budget in ten years because if you look at what Paul Ryan does to balance the budget, it means that you have to voucher-ize Medicare, you have to slash deeply into programs like Medicaid, you’ve essentially got to — either tax — middle class families a lot higher than you currently are, or you can’t lower rates the way he’s promised,” the president told me. “So it’s really, you know, it’s a reprise of the same legislation that he’s put before.” “If we controlled spending and we have a smart entitlement package, then potentially what you have is balance — but it is not balance to, on the backs of the poor, the elderly, students who need student loans, families that have disabled kids. That is not the right way to balance,” he said.

 As we are reminded by the WAPO, Obama plans to release his own budget plan in April, two months after the president is required to announce his budget priorities to Congress. Far be it from Obama to actually perform the required duties of his office. Yet another case of leading from behind as Obama will first see the Ryan and Senate Democrat plan before he puts together his own. Like he would know how to create a budget in the first place. With this deficit $trillion spending president, it is akin to an alcoholic penning his own “what I will not drink today” plan.

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