Wednesday, February 9, 2011

GIANT DEFICIT, tiny cuts (UPDATE)

In writing his American Thinker article of the day, Thomas Lifson does the critical work for ALL bloggers when it comes to the topic of the federal budget deficit (particularly, how Obama and the Dems are NOT serious about tackling this leviathan) by pulling sources together from the latest Gallup poll, Andrew Malcolm’s L.A. Times piece on Obama’s “cratering” deficit handling approval, and Doug Ross’s ‘brilliant’ illustration of Obama’s measly spending cut proposal.
“Massive disapproval of Obama's handling of budget deficit” by Thomas Lifson
http://www.americanthinker.com/blog/2011/02/massive_disapproval_of_obamas.html
The Gallup Poll shows one critical thing: we have a Spendaholic-in-Chief who’s well past the point of a necessary intervention!  Simultaneously, Ross’s illustration gives the FULL “magnitude of Obama's cuts.”  In his own article, Ross goes on to properly affirm, “Our country's going bankrupt and [Obama] can't find anything to cut.” Seriously!
"Obama's "tough budget cuts" in pictures" by Doug Ross
http://directorblue.blogspot.com/2011/02/obamas-tough-budget-cuts-in-pictures.html
The only hope is that our newly elected conservatives can coax enough others to make deep meaningful cuts, while, as Ross states, “We must begin laying the groundwork for 2012.” This is not only a looming disaster for the political viability of the Democrats (which is debatable as is); but more importantly, this treacherous path could lead to our ‘Roman’ moment.


Earlier this week, DeMint weighed in on this discussion with his own op ed: " A country that doesn't ever balance its budget will go bankrupt."
"Opposing view on deficit: Balance the budget now" by Jim DeMint
http://www.usatoday.com/news/opinion/editorials/2011-02-08-editorial08_ST1_N.htm
"Endlessly borrowing more money to spend more money is a ruinous economic strategy..."  How more clear can it get?


A "P.S." to all of Washington:  Pay attention to public sentiment when it comes to the debt ceiling.
"Hill poll shows 62% opposed to raising the debt ceiling" by Ed Morrissey
http://hotair.com/archives/2011/02/07/hill-poll-shows-62-opposed-to-raising-the-debt-ceiling/
We want REAL CUTS, not more room for Washington to borrow and spend!

UPDATE:  It appears that the Freshman Calvary have tighten the screws!
"House Republican leaders give in to conservatives on spending cuts" by Dana Bash and Dierdra Walsh