Barack Obama Says: “There Is No Debt Crisis” … “We Don’t Have an Immediate Crisis” Actually We Have a $16.6 Trillion Debt

The United States has a $16.6 trillion debt and counting and Barack Obama thinks we do not have a debt crisis …

How out of touch and dangerous is President Barack Obama for America?  During an interview with ABC News Obama acted said that there was no debt crisis. Obama’s exact comment was, “we don’t have an immediate crisis in terms of debt. In fact, for the next 10 years, it’s going to be in a sustainable place.” Really Mr. President … the present national debt is $16.6 trillion and counting by the second. The US is well on their way to being Greece under this president and Obama sits back and spends more.  If this is how Obama actually thinks, how on earth could there ever be any real deal between the GOP and Democrats on real reduction of spending, entitlement programs and social security? The Obama comment is just so absolutely insane and in such direct polar opposite to the GOP that in my opinion the Republicans should never concede or meet in the middle on the issue. This is the wrong president to make any real tax reform, social security reform or entitlement reform with. Obama just is not serious.

Watch the above  ABC News interview and the completely out of touch president Obama … He has no intention of balancing budget & blames the Secret Service for ending WH tours

We had already previously reported that during the interview that Barack Obama had no intention of balancing the budget. America, that is code for spend, spend, spend.

As Real Clear Politics stated, In Reality, Debt Matters. It Matters a Lot.

That’s a pretty convenient position, wouldn’t you say, for a man who’s helped pile on trillions of dollars of new debt and created an entitlement that promises to escalate this non-crisis crisis of ours? Problem is that there are a few trillion things wrong with this contention.

Right now, we’re spending more money to pay interest on debt than we’ll spend on education, homeland security, transportation and veterans’ benefits combined this year. Surely, there’s something better to spend that money on. And those interest payments are a significant tax on Americans — a debt tax that Washington doesn’t want to talk about. And just wait until interest rates rise, because at some point they will.

UPDATE I: Obama meets with House Republicans with the charm offensive, make that the “smarm” offensive and downplays ‘immediate’ debt crisis.

His statement would be sharply at odds with a core Republican principle that the debt must be addressed soon — and which underpinned the cost-cutting GOP budget released Tuesday. The president also acknowledged, in an interview aired earlier in the day, that differences with the GOP might be “too wide” to bridge. 

Still, the president made the rare visit with House Republicans on Capitol Hill as part of what some are calling his charm offensive. The president is making a renewed effort to meet with Republican leaders and rank-and-file lawmakers amid overlapping budget battles and a series of deadlines on the horizon. 

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

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.

Barack Obama, the Lying King: White House Econimic Adviser Gene Sperling Admits WH Proposed Sequester After Obama Lied About It in Debate

BARACK OBAMA, THE LION LYING KING: SEQUESTRATION EDITION …

Yesterday on NBC’s ‘Meet the Press,’ White House economic adviser Gene Sperling admitted that, yes, in fact, the sequestration was President Obama’s plan, even though Obama lied about it during the 2012 Presidential debates and more recently. Obama claimed that the sequester was not his idea and something he did not propose. Mr. President, YOU LIE!

“We put forth the design of” the sequestration, Sperling finally admits after a long back-and-forth

What is interesting is that the liberal MSM actually did pursue this story. Although it happens of rarely as Halley’s Comet, David Gregory did make Gene Sperling twist in the wind until he finally admitted that the sequestration was Barack Obama’s idea. Weasel Zippers asks, could there be some hope for the MSM to actually hold this administration accountable? Probably not, but anything is better than the nothing that we have observed for the past 4+ years. Which begs the question, what shape would the country be in and would have Obama ever been reelected, let alone elected if the MSM had done their job and held Obama’s feet to the fire?

From Ann Althouse comes the portion of the transcript regarding WOODWARDGATE:

DAVID GREGORY: Here was an e-mail from you to Bob Woodward that was released. In it: “I do truly believe you should rethink your comment about saying that the president asking for revenues is moving the goalpost. I know you may not believe this, but as a friend, I think you will regret staking out that claim.” When you said “you will regret staking out that claim,” what did you mean?

GENE SPERLING: I meant that, while the first issue of whose idea it was, the sequester, was one I disagreed with him on but I could see how honorable people could disagree. I was trying to explain to him, from a substantive point of view, that the idea that the president of the United States was moving the goalpost by asking for the type of balance of tax reform that raised revenues, that the Speaker Boehner himself, as you noted, had called for, as well as long-term entitlements, together, to get rid of the sequester, was not only not moving the goalpost: That was the whole idea of the sequester. And I think that e-mail was cordial. It was substantive. It was polite.

DAVID GREGORY: But you say, “You’re going to regret it.” I mean, does the president think that’s a good idea to say to reporters, to challenge them that, “You’re going to regret staking out that claim”?

Another Accomplishment for Barack Obama … Americans See Biggest Monthly Income Drop in 20 years As Obama Adds $6 Trillion to National Debt

Thanks to Barack Obama … Incomes Down and Debt through the stratosphere.

Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years. Of course the bias MSM will have you believe that it is merely a coincidence that this occurred on Obama’s watch. It was Obama’s tax the so-called rich agenda that made corporations pay  out early dividends to avoid the upcoming Obama tax hikes. It was Obama’s refusal to extend the payroll tax cuts that made  most workers (including the middle class that Obama claims to care about) had  to pay 2% more in taxes this year.

Obama must wet himself laughing every day that an ignorant electorate reelected him DICTATOR

Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years.

Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department.

All this as Barack Obama added $6 Trillion to the National Debt.

Since President Barack Obama took office in January 2009, more than $6 trillion dollars has been added to the national debt.

“Without fanfare, the Bureau of Public Debt at the Treasury Department quietly posted its daily debt report showing the total public debt of the U.S. government topped $16.687 trillion. (To be exact: $16,687,289,180,215.37),” reports Mark Knoller of CBS. [debt clock]

“On January 20, 2009, the day Mr. Obama took office, the debt stood at $10.626 trillion. The latest posting reflects an increase of over $6 trillion.”

And debt is expected to increase by nearly another trillion this year. “Nevertheless, the Office of Management and Budget projects the national debt will continue to increase by over $800 billion this year and by amounts in the range of $500 billion to $800 billion in the out years – all of which will add to the national debt.”

Barack Obama is killing America.

Rush Limbaugh Says “For First Time in My Life, I’m Ashamed of My Country” (Video)

Conservative radio host Rush Limbaugh told his audience: “For the First Time in My Life I Am Ashamed of My Country”.  Limbaugh went on to say that he is tired of the same old politics of fear and the sky is falling fear tactics. Its the same stuff, the same threats, blame and arguments. All we do is just continue to spend more and more and no one wants to talk about the real issue … WE cannot afford to spend any more.

Here’s Rush Limbaugh comments from today’s show:

“Ladies and gentlemen, for the first time in my life, I am ashamed of my country. To be watching all of this, to be treated like this, to have our common sense and intelligence insulted the way it’s being insulted? It just makes me ashamed.

“Seriously man, here we get worked up over 44 billion dollars – that’s the total amount of money that will not be spent that was scheduled to be spent this year.”

Limbaugh added that the government would continue to spend more money this year than last year in spite of the sequester cuts.

“I’ve said the same things over and over for 25 years,” Limbaugh said, adding that it didn’t matter who was in power. “It’s the same stuff, it’s the same threats, it’s the same arguments, over and over nothing ever changes.”

“We just keep spending more money, we create more dependency, we get more and more irresponsible one crisis to the next, all of them manufactured,” Limbaugh added. “Except for the real crisis that nobody ever addresses

and that is we can’t afford it.”

Rush Limbaugh’s complete comments can be seen and read HERE.

You are not the only one who is ashamed Rush; however, I beat you to the punch … I was ashamed when America reelected this class warfare, community agitator President to a second term.

President Barack Obama and Democrat House Minority leader Nancy Pelosi believe that Washington DC does not have spending problem. However, it is obvious to a majority of Americans that Washington has a severe spending problem.