Posted by: Rick | Saturday, January 30, 2010

Questions Full Of Lies (Has Barack Obama Finally Had Enough?)

Yesterday at the Republican “issues retreat” the President appeared clearly pissed off as Rep. Jeb Hensarling unleashed this disingenuous right-wing diatribe:

Mr. President, a year ago I had an opportunity to speak to you about the national debt.  And something that you and I have in common is we both have small children.  And I left that conversation really feeling you’re sincere commitment to ensuring that our children, our nation’s children do not inherit an unconscionable debt.  We know that under current law that government — the cost of government is due to grow from 20 percent of our economy to 40 percent of our economy right about the time our children are leaving college and getting that first job.

Mr. President, shortly after that conversation a year ago, the Republicans proposed a budget that ensured that government did not grow beyond the historical standard of 20 percent of GDP. It was a budget that actually froze immediately non-defense discretionary spending.  It spent $5 trillion less than ultimately what was enacted into law.

And unfortunately, I believe that budget was ignored.

And since that budget was ignored, what were the old annual deficits under Republicans have now become the monthly deficits under Democrats.  The national debt has increased 30 percent.

Now, Mr. President, I know you believe — and I understand the argument; I respect the view — that the spending is necessary due to the recession.  Many of us believe, frankly, it’s part of the problem, not part of the solution, but I understand and I respect your view.

HENSARLING: But this is what I don’t understand, Mr. President.  After that discussion, your administration proposed a budget that would triple the national debt over the next 10 years. Surely you don’t believe 10 years from now we will still be mired in this recession.  It proposed new entitlement spending and moved the — the cost of government to almost 24.5 percent of the economy.

Now, very soon, Mr. President, you’re due to submit a new budget and my question…

OBAMA: Jim (sic), I know there’s a question in there somewhere, because you’re making a whole bunch of assertions, half of which I disagree with.

(LAUGHTER)

And I’m having to sit here listening to them.  At some point, I know you’re going to let me answer.

HENSARLING: That’s…

OBAMA: All right.

HENSARLING: That’s the question.

You are soon to submit a new budget, Mr. President.  Will that new budget, like your old budget, triple the national debt and continue to take us down the path of increasing the cost of government to almost 25 percent of our economy?  That’s the question, Mr. President.

Maybe that was the last straw.  Maybe now Barack Obama knows he can’t work with these people.

Maybe enough is enough.

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