Obama has been calling for a “balanced approach” to deficit reduction. Of course, as everyone but the brain dead have now come to realize, “balanced approach” has always been this administration’s code for tax hikes and continued borrowing/printing $$ in order to continue spending leading to increased indebtedness. The nation’s leading community organizer’s argument continues to be that we must have both tax increases and the PROMISE of spending cuts in order to reduce the debt.
Confronted with that rhetoric, it seems to me that at least one member of the Party Of The Tongue Twisted, aka: the Republican Party, should have stepped forward and reminded Obama that we had the tax increase part of his so-called balanced approach formula on Jan 1st, now we’re demanding the spending cuts part.
Of course, the smartest man in America would have come back with, “We’ve reduced spending by $1.2 trillion under my administration.” At which time a member of the Party Of The Tongue Twisted might have wished to point a finger in the direction of the National Debt Clock on display at 6th Ave in New York!!
As for his claim of a trillion+ $$ in spending reductions - Well, Obama has always been adept at pulling numbers out of his anus. Wonder how adept he would be at removing the National Debt Clock from that same anatomical location??