Monday, May 11, 2009

What he said/What he meant

What he said:

"We can no longer afford to spend as if deficits do not matter and waste is not our problem," Mr. Obama said.

What he meant:

"We can no longer afford to spend on defense as if deficits do not matter and waste is not our problem. Because, for social programs, and funds targeted at my voting base - deficits have a worth-while payoff !"

Defense Department to absorb 80% of the cuts 'bama has proposed in next year's discretionary funds.

This $17 billion represents less than 1% of this year's budget deficit. Congrats!

Hot Air:

Barack Obama has submitted a budget plan that spends over $400 billion dollars more than the previous administration’s last full budget, an increase of 12%. That comes on top of an off-budget additional $787 billion in the “stimulus” bill, hundreds of billions in extra TARP funding, and an estimated $635 billion “down-payment” on health-care reform, also off-budget. How does Obama plan to pay for all of that? As we noted in last week’s Obamateurisms, Obama offset this with a whopping $17 billion in proposed cuts, half of which comes at the expense of national defense.

It's the deficit, stupid! I thought that was the mantra of the election. Line-by-line, 'bama was gonna go. Apparently, he only intended to do that with that icky Defense Department. I feel safer already. Because the World loves us now, right?