Tuesday, January 25, 2011

The SOTU Address.

Posted by Diogenes Sarcastica - 1/25/2011
Honestly......
I have never heard so much lying BS since I was sitting in a Deputy's patrol car, handcuffed and pants around my ankles trying to explain why the Sheriff's daughter was in my backseat, nekkid from the waist up! 

Just an example:  
 Obama spoke ambitiously of putting money into roads, research, education, efficient cars, high-speed rail and other initiatives.......He pointed to the transportation and construction projects of the last two years and proposed "we redouble these efforts." He coupled this with a call to "freeze annual domestic spending for the next five years." - The AP
 Huh?
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3 comments:

  1. Glad to hear you made it out of that back seat OK.

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  2. Thanks Woodster, I'm still paying the Deputy hush-money each month!

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  3. Freezing domestic spending for the next five years is a bad joke because Obama's proposal uses the 2010 spending level as the base upon which to cap spending for the next five years. The problem is that spending in 2010 included a huge deficit of something on the order of $400 billion dollars.

    In two years Obama has increased the deficit by 700% compared to Bush's total accumulated deficits.

    A freeze on spending has to be founded upon a base year spending of either 2008 or possibly 2006 in order to be meaningful. A 2010 baseline means more of the same deficit spending as revenues will simply fall far short of matching spending as outlined in Obama's pie in the sky elements in his SOTU address.

    ReplyDelete