Saturday, April 19, 2014

Mr. Obama's Deceptive Budget Plan and Incompetence

-->
 Mr. Obama’s Deception or Incompetence

Remember when Obama promised that when he got re-elected , he would pursue “ balanced deficit reduction” ? Either Mr. Obama is in the early stages of dementia, Alzheimer’s disease, or he is lying again. A new Congressional Budget report released on April 17, 2014, the CBO reports that the 10-year deficit reduction claimed by Obama is half of what Obama claims.

When Obama released his budget in March 2014, he said it included “ smart spending cuts” and that he closed tax loopholes that only benefit the wealthy. He emphasized that his budget would “ put our debt on a downward path as a share of our total economy.”

The CBO report that 100% of the budget reduction comes from TAX HIKES not spending cuts. In fact, under Obama’s budget plan, the United States will have a GIGANTIC and RISING NATIONAL DEBT. The complete opposite of what Mr. Obama claims.

It has come time to confront Obama as a liar or an incompetent President who likes being a “rock star”, filling out March Madness brackets but being financially and fiscally irresponsible like a teenager who knows NOTHING ABOUT MONEY. The man is ridiculous with numbers and claimed once that he never understood math past 7th grade. Meanwhile, the American public gives this man a pass while he ruins the United States on every level.  The ship is sinking and everyone gives this irresponsible mathematically incompetent fool, (or really a clever fox who wants to sink the country while widening the money he gives to people who do not work in America) a pass.

Yes, he is cool, yes, he is a nice man, yes, he has a nice family, but in any other job he would have been FIRED and NEVER REHIRED.

For example, Obama claims that his budget will produce 2.2 trillion dollars in deficit cuts over the next ten years. 

The CBO only found a little more than a trillion. That is a huge error for Obama of only 1.1 trillion dollars. Most people do not know what that difference means. 

It’s a MASSIVE AMOUNT of Money that is in the RED, a DEFICIT. That is like giving a kid a credit card and letting them spend over 100 million dollars and never bother to repay the credit card company. It is financial irresponsibility and incompetence. Who are you to believe accountants and certified public accountants or a community organizer who already said you could keep your doctor, you could keep your plan: a man who is so loose with the truth that you cannot believe him?

Obama said balance budget deficit reduction. But, Obama’s plan is raising TAXES and increases spending according to the CBO by $338 billion dollars ($338,000,000,000). THAT IS A LOT OF MONEY!

Also, Obama’s $1.4 trillion dollar tax hike is not just for the rich. Remember this 1.4 trillion dollar tax hike comes on top of a  $1 trillion dollar taxes from new Obama Care taxes from the ironically named “Affordable Care Act” on the books so far as well as an additional $620 billion in tax hikes Obama got as part of the budget deal at the start of 2013.

Translation: Obama has bankrupted our country and the future of young Americans while he smiles and is given a pass by the media in the United States.

Obama’s claim that his budget will place the national debt on a downward path is FALSE.  He is financially DANGEROUS.

His budget shows a declining debt that reaches 69% of GDP by 2024. The budget according to the CBO starts climbing again in 2018, and reaches 74.3% of GDP by 2024, and then increases upward indefinitely after that.

By Obama’s own definition, this is IRRESPONSIBLE.

The CBO report shows without a doubt how dishonest Obama is about taxes, the national debt, and spending.

Obama brags about using a phone and a pen to get executive orders done, but he does not negotiate and tries to work at all in reforming entitlement programs that will swamp and bankrupt the country. He has not done anything to reform the complicated tax code except to add new taxes.

And, as the country produces no real jobs, and the economy falters, he does not attempt to offer any solutions to get this country going economically.

The CBO report is clear that the country is heading off the fiscal cliff to bankruptcy, anarchy, and the loss of democracy and economic freedom.

Obama is clear on smiling, doing his March Madness brackets, while looking the other way and speeding the United States to fall off the  fiscal cliff, and every American with it.

Really a Fantastic President, with all the people that want their free stuff, who will over the fiscal cliff with and all of America. The tragedy is the innocent American children who never had a chance because of an irresponsible President and the media that gave him the pass to destruction.

Mr. Putin won’t have to do anything but watch a community organizer destroy the United States of America. He is already enjoying it happen right now.






No comments: