DamnYankee
No Neg Policy
- Apr 2, 2009
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Slow economic recovery no help for Obama
An ambitious agenda during a tepid rebound will require money, muscle
ANALYSIS
By JIM KUHNHENN
Associated Press Writer
updated 12:16 p.m. ET, Fri., May 8, 2009
WASHINGTON - Barack Obama's budget, unveiled with fanfare, fails to deal with his biggest money problems.
A molasses-slow economic recovery will make it hard to find the huge sums he'll need to reach his biggest goals fixing health care, confronting climate change and overhauling the tax system without much deeper cuts than he's proposing in other programs.
Obama faces not only fiscal obstacles but political ones, as well.
The White House's exercise in fiscal discipline this week amounts to micro-cutting proposals that would trim half a percent of the overall budget and don't address the sacrosanct entitlements of Social Security and Medicare. His effort found a scant $17 billion in potential savings, suggesting that only a strong economy and its boost in government revenue can truly put a dent in the federal deficit and pay for Obama's policy goals.
Pushing an ambitious agenda during a tepid economic rebound will require money and presidential muscle that even the popular president might find in short supply.
continued....
Analysis: Slow recovery no help for Obama - White House- msnbc.com
I would ask, as I did pre-election, where, exactly, did Obama believe the $$ would come from to support/advance his "goals"? Did he believe that by voting for the "stimulus", and later authorizing an additional payout, that this would take care of itself, making the question irrelevant? Did he believe that the "unnecessary war" would finance his dreams once he showed us that there were other fish to fry? Finally, what happened to Pay(as you)Go?
An ambitious agenda during a tepid rebound will require money, muscle
ANALYSIS
By JIM KUHNHENN
Associated Press Writer
updated 12:16 p.m. ET, Fri., May 8, 2009
WASHINGTON - Barack Obama's budget, unveiled with fanfare, fails to deal with his biggest money problems.
A molasses-slow economic recovery will make it hard to find the huge sums he'll need to reach his biggest goals fixing health care, confronting climate change and overhauling the tax system without much deeper cuts than he's proposing in other programs.
Obama faces not only fiscal obstacles but political ones, as well.
The White House's exercise in fiscal discipline this week amounts to micro-cutting proposals that would trim half a percent of the overall budget and don't address the sacrosanct entitlements of Social Security and Medicare. His effort found a scant $17 billion in potential savings, suggesting that only a strong economy and its boost in government revenue can truly put a dent in the federal deficit and pay for Obama's policy goals.
Pushing an ambitious agenda during a tepid economic rebound will require money and presidential muscle that even the popular president might find in short supply.
continued....
Analysis: Slow recovery no help for Obama - White House- msnbc.com
I would ask, as I did pre-election, where, exactly, did Obama believe the $$ would come from to support/advance his "goals"? Did he believe that by voting for the "stimulus", and later authorizing an additional payout, that this would take care of itself, making the question irrelevant? Did he believe that the "unnecessary war" would finance his dreams once he showed us that there were other fish to fry? Finally, what happened to Pay(as you)Go?