Saturday, February 19, 2011

Obama's Louis XV budget

Charles Krauthammer "A more cynical budget is hard to imagine. This one ignores the looming debt crisis, shifts all responsibility for serious budget-cutting to the Republicans - for which Democrats are ready with a two-year, full-artillery demagogic assault - and sets Obama up perfectly for reelection in 2012.
"Obama fancies his happy talk, debt-denial optimism to be Reaganesque. It's more Louis XV. Reagan begat a quarter-century of prosperity; Louis, the deluge.
"Moreover, unlike Obama, Louis had the decency to admit he was forfeiting the future. He never pretended to be winning it. "

A Deformed Mouse of a Budget ...Mr. Obama has left it to the Republicans to tackle entitlements, as everyone with the benefit of a Grade Three education in arithmetic who examines the budget, however cursorily, can see must happen."

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