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.
UNBELIEVABLE, GET READY FOR 4 MORE YEARS OF ECONOMIC PAIN AMERICA AND YOU VOTED FOR IT …
Don’t worry Obamanomics has saved the US economy, NOT!!! America, the following is not a Joe Biden gaffe. It is what the Obama administration and Democrats actually believe. They think that you are no longer worried about the economy and this way it will enable Obama to move on to guns and immigration as Americans continue to be unemployed. Yesterday at the White House, the economist Joe Biden told reporters, Americans no longer worried about the economy.
“They are no longer worried, I think, about our economy being overwhelmed either by Europe writ large, the EU, or China somehow swallowing up every bit of innovation that exists in the world. They are no longer, I think, worried about our economy being overwhelmed beyond our shores.”
What say you America, are you concerned about the economy, lack of job growth, record number of Americans on food stamps and a standard of living that continues to go down? Just curious, what has changed? It certainly cannot be President Barack Obama’s economic record of job growth as Obama wins the “Gold For Worst Economic Recovery Ever”.
How’s that Hopey-Changey Stuff Working … Obama Supporters Hardest Hit in Latest December Jobs Report – Blacks, Hispanics Woman & Young Adults Continue to Suffer with Unemployment
Hey Obama supporters, Blacks, Hispanics, Woman and Youth … How’s that Obama “Hopey-Changey” stuff working out for you?
The December Jobs report came out yesterday showed that the unemployment rate ticked up to 7.8%. Of course that does not even count the millions of individuals who have given up completely and stopped looking for work. What is most amazing that the very people who have supported Obama the most are the ones who have been adversely affected by the failed Obama jobs recovery. December’s Millennial jobs report for “Youth Unemployment” was miserable at 11.5%.
OBAMA THANKS YOU FOR HIS REELECTION, SUCKERS
- The overall unemployment rate for 18-29 year olds for December 2012 is 11.5 percent (NSA).
- The unemployment rate for 18-29 year old African-Americans for December 2012 is 22.1 percent (NSA)
- The unemployment rate for 18-29 year old Hispanics for December 2012 is 12.2 percent (NSA)
- The unemployment rate for 18–29 year old women for December 2012 is 10.4 percent (NSA).
The declining labor force participation rate has created an additional 1.7 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.
If the labor force participation rate were factored into the 18-29 unemployment calculations, the actual Millennial unemployment rate would rise to 16.3 percent (NSA).
Overall, blacks, Hispanics, Woman all increased in the December Jobs report from the November one:
Among the major worker groups, the unemployment rates for adult women
(7.3 percent) and blacks (14.0 percent) edged up in December, while
the rates for adult men (7.2 percent), teenagers (23.5 percent),
whites (6.9 percent), and Hispanics (9.6 percent) showed little or no
change. The jobless rate for Asians was 6.6 percent (not seasonally
adjusted), little changed from a year earlier.
Unbelievable … While American Workers Suffer & the US Spirals Out of Control with Spending … President Obama Gives Joe Biden and Congress a Raise
Bend over tax paying America, Obama is about to do it to “We the People” again. Then again, you elected him!
How ‘s that “Hopey-Changey” stuff working out for you America? As the United States spirals out of control due to government spending and a $16+ trillion debt … President Barack Obama gives VP Joe Biden and Congress a pay raise. As Americans struggle to create budgets and live within their means as Obamacare taxes are about to take affect in 2013 as well as the 2% payroll tax going bye-bye … Obama increases the government debt on tax payers with a pay raise for federal workers. As record number of Americans are on food stamps, record number of Americans are on disabilities and a record number of Americans are unemployed and left the work force completely … Obama does what he does best and acts as a community agitator and rewards federal workers at the expense of the private sector.
America, they are just laughing at you
President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden.
According to disclosure forms, Biden made a cool $225,521 last year. After the pay increase, he’ll now make $231,900 per year.
Members of Congress, from the House and Senate, also will receive a little bump, as their annual salary will go from $174,000 to 174,900. Leadership in Congress, including the speaker of the House, will likewise get an increase.
As reported at The Weekly Standard, according to a senior Republican congressional aide who has reviewed the executive order and consulted with the Congressional Budget Office, Obama’s pay raise will cost $11 billion. “The CBO told us that the President’s pay raise for federal workers will cost $11 billion over ten years.”
This is how he [Obama] cares about you America. As he increases government workers pay, the median household income has dropped $4,520,or about one month’s average wages, since President Obama took office. As seen by the 2012 Presidential election, “There’s a sucker born every minute”.
Happy New Year America from Barack Obama … Turbo Tim Geithner Says US will hit $16.4 trillion debt limit? on New Year’s Eve
An early Happy News Year’s greetings from Barack Obama, according to Obama’s Treasury Secretary Turbo Tax Timmy Geithner, the United States will hit $16.4 trillion debt limit? on New Year’s Eve. Sadly, as the crystal ball drops in Time Square, NY ringing in the new year, the debt clock will be ringing in its own welcome to 2013 and $16.4 trillion. As Americans attempt to budget for 2013 and the impending fiscal cliff, Obamacare taxes and payroll taxes, Obama goes another year without a budget and more deficit spending.
The United States will reach its $16.4 trillion borrowing limit on Dec. 31 and undertake “extraordinary measures” to avoid default, the Treasury Department informed congressional leaders in a letter on Wednesday.
The notice about the debt ceiling came packaged with a stark warning from Treasury Secretary Timothy Geithner, who said the policy uncertainty stemming from the “fiscal cliff” makes it impossible for him to say with certainty how much time lawmakers have left to raise the borrowing cap.
“Given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it is not possible to predict the effective duration of these measures,” Geithner wrote.
As Fiscal Cliff and Tax Increases Nears for ALL Americans, Obama Tells Congress to “Cool Off, Drink some Egg Nog, Sing some Carols” & Eat Christmas Cookies, As Obama Vacations in Hawaii
BARACK OBAMA: LEADING FROM BRHIND … LET THEM EAT CHRISTMAS COOKIES.
The United States and all Americans are on the verge of the fiscal cliff and Obama heads off to vacation in Hawaii as he tells all to let them Eat Christmas Cookies. What leadership from our president. Thanks America, you reelected him. There is a reason why Obama is called the Vacationer in Chief. All Americans are facing a tax increase come January 1, 2013 and Obama goes on vacation instead of hammering out a deal. UNREAL. Just this past week, the thin skinned president got defense about a question regarding mass murder violence during his first term. Obama stated, “I don’t think I’ve been on vacation.” It appears that is exactly just where you have been. How can any president just head off on vacation after literally doing nothing since election day to end the fiscal cliff crisis.
Let them eat Christmas Cookies
President Barack Obama delivered an unexpected update on the status of negotiations to avert the year-end fiscal cliff, saying he was still optimistic that a “comprehensive” deal could get done before a deadline in 10 days.
“I want next year to be a year of strong economic growth. … Call me a hopeless optimist, but I still think we can get this done,” Obama said.
Obama said he hoped that the coming holiday break would give all parties in the fiscal cliff debate some “perspective,” telling members of Congress to “cool off, drink some egg nog, sing some carols” and eat Christmas cookies. Obama and his family will leave for Hawaii at 7:30 p.m. tonight.
Obviously Barack Obama is not concerned that 100% of Americans, including the middle class, are about to have their taxes increased. Hell, as it is Americans will face tax increases in 2013 thanks to Obamacare. In 2011 Obama postponed his vacation in Hawaii with his family while the payroll tax vote was in limbo. Are you kidding me? Funny how he could give a $hit now that he has been reelected. The fiscal cliff is a bit bigger than the payroll tax, yet Obama has no issue taking a vacation like the Absentee President he is. My what a difference a year and a reelection makes.
Obama told leaders it would be unacceptable if House Speaker John Boehner (R-Ohio) adjourned for Christmas next week without extending a 2-percentage point reduction of the payroll tax.
A White House official disputed the notion that Obama had altered his vacation plans because of Romney’s criticism.
The official noted that Obama had already threatened to spend Christmas with Republicans in Washington if Congress failed to take action on payroll taxes.
“We’re going to keep pushing Congress to make this happen,” Obama said Friday. “Now is not the time to slam the brakes on the recovery. Right now, it’s time to step on the gas. We need to get this done. And I expect that it’s going to get done before Congress leaves. Otherwise, Congress may not be leaving, and we can all spend Christmas here together.”
Barack Obama … TIME Magazine’s 2012 Man of the Year … The Scared Monkeys Names Obama the Food Stamp President of the Year
OBAMANATION: President Barack Obama … TIME Magazine’s 2012 ’Man of the Year’. Because its all about Obama, hardly about America.
Why stop there? Why not make Barack Obama Time Man of the Century? What about Time Man of all Time? Who is Time magazine kidding, they would have made Obama ‘Man of the Year’ even if he had lost the 2012 Presidential election. Time stated that Obama “is both the symbol and in some ways the architect of this new America.” New America translated as record number of Americans on Food Stamps, jobless job recovery, fabricated unemployment rate only reduced because of less Americans participating in the work force and a an America that he has successfully divided due to his class warfare.
Barack Obama was named the Scared Monkeys Food Stamp President of the Year.
Time magazine has named President Barack Obama as its 2012 Person of the Year.
“We are in the midst of historic cultural and demographic changes,” Time managing editor Richard Stengel said in announcing its choice. “And Obama is both the symbol and in some ways the architect of this new America.”
The president’s reelection in November showed “the Obama effect was not ephemeral anymore, no longer reducible to what had once been mocked as that ‘hopey-changey stuff,’” Time’s Michael Scherer wrote in the accompanying cover story. “It could be measured in wars stopped and started; industries saved, restructured or reregulated; tax cuts extended; debt levels inflated; terrorists killed; the health-insurance system reimagined; and gay service members who could walk in uniform with their partners. It could be seen in the new faces who waited hours to vote and in the new ways campaigns are run. America debated and decided this year: history would not record Obama’s presidency as a fluke.”
However, unfortunately for America thanks to Obamacare, Americans premiums will rise and not go down as promised. Unemployment is still a nightmare for Americans as they drop out of the workforce or because government dependent on welfare, unemployment benefits or disability claims.
UPDATE I: And in typical fashion the moonbat Left is never satisfied. The Lonely Conservativepoints out the Left is giddy that Obama wins Man of the Year when he has literally destroyed the US; however, they are upset with the racist pic. So now Time mag is racist? Mental illness has run amuck.
Another Obama Record for the Food Stamp President … Food Stamps Usage Rises to 47.7 Million Participants & 22,973,698 Households in September 2012
They don’t call Barack Obama the Food Stamp President for nothing …
Welcome to the new normal under President Barack Obama. Newly released data show that participation in Food Stamps, the Supplemental Nutrition Assistance Program, has reached yet another all time high in September 2012. Thanks Barack Obama. Food Stamp participation increased in September alone by 607,559. The number of households enrolled in the program also increased in September by 289,235. You reelected him America, expect more of the same for the next four years.
Participation in the Supplemental Nutrition Assistance Program, or food stamps, reached another high in September, according to new data released by the United Stated Department of Agriculture.
The most recent data on SNAP participation were released Friday, and showed that 47,710,324 people were enrolled in the program in September, an increase of 607,559 from the 47,102,765 enrolled in August.
The number of households enrolled in the program also increased from 22,684,463 in August to 22,973,698 in September, an increase of 289,235. The average benefit, according to the new data, was $134.29 per person and $278.89 per household.
Oh yea, the economy is getting much better now isn’t it?
President Barack Obama … The Grinch Who Stole More than Christmas.
The Salvation Army are seeing record number of families asking for help this Christmas season. But what else would one expect when a record number of Americans are on food stamps and an employment participation rate at a dismal 63.6%. Obama and Democrats continue to tour the faux-unemployment rate of 7.7%. More and more Americans are dropping out of the work force, including 350,000 in November alone. All this while Obama claims there is a job recovery without any recovery. Obama and Democrats can spin the economic numbers and situation all they want, Americans know the truth and their circumstances are bleak. At some point Americans will wake up and realize that GWB is not to blame and Obama is. When that occurs there will be hell to pay by Democrats.
Officials with the Salvation Army say they’re seeing a record number of families asking for help this holiday season.
Nearly 18,000 families have registered for Christmas assistance in the last month. That number has grown by 2,500 since last year, breaking the 2009 record.
The Salvation Army official web site.
With all this suffering going on in the US and we have liberals that are more concerned with their liberal ideology than helping those who are in need. This clearly is a mental defect of liberals and shows just how little they care about those who are in desperate need. Their hate so consumes them that they would rather harm the people who are aided by The Salvation Army because of their liberal political ideology. This was never more evident than the screwballs at UC Berkeley who are calling for students on campus to ban the Salvation Army citing their alleged homophobic practices. But these liberal college kids would be the first to be looking for a government hand out at tax payers expense.
Barack Obama has not just stole Christmas, he has stole our children and grand children’s future with the unsustainable debt.
If you can no longer blame George W. Bush … blame Sandy. WHAT A JOKE, AMERICA, ARE YOU LAUGHING BECAUSE OBAMA IS.
The first weekly first time filing for unemployment report has been issued following the 2012 Presidential election and surprise, surprise, surprise … weekly jobless claims are up 78,000 to 439,000. Of course this is all due to Hurricane Sandy and nothing to do with Barack Obama winning reelection. A president whose only remedy to fix the economy is taxing the rich. P.T Barnum was correct, there is a sucker born every minute and unfortunately they voted in the 2012 Presidential election. 375,000 claims was expected and that was with experts considering Hurricane Sandy. So where did all these unexpected unemployment claims come from? Of course the fact that this is the first report since the Presidential election has nothing to do with such an increase in claims. Because the Obama administration would never hold back information from the American people, ah BENGHAZI.
Obama is laughing at you America … they bought it, BAH, HA, HA, HA
The Labor Department said applications increased by 78,000 because a large number of applications were filed in states damaged by the storm. People can claim unemployment benefits if their workplaces close and they don’t get paid.
The storm may distort claims for another two weeks, the department has said.
The four-week average of applications, a less volatile number, increased to 383,750.
Before the storm, applications fluctuated between 360,000 and 390,000 this year. At the same time, employers added an average of nearly 157,000 jobs a month. That’s barely enough to lower the unemployment rate, which was 7.9 percent in October.
Meanwhile, rising food costs and higher rents offset a drop in gas prices last month, leaving consumer prices only slightly higher in October compared with the previous month.
Was Hurricane Sandy part of the reason why there was a huge increase in jobless claims, yes. Was it all of the reason, not on your life. All of the experts were way off and that was considering the effects of Sandy. It is just a coincidence that this spike occurred after the election. Maybe the Obama defenders would like to explain how Sandy is then also responsible for the Stock market losing over 700 points since his reelection and 4%. Hmm? I guess you can fool most of the people all of the time.