Review & Outlook: The Cee Lo Green Budget - WSJ.com: "How unserious is this budget? Although the White House trumpets $2.18 trillion in deficit reduction over the next decade, those savings are so far off in the magical 'out years' that you can barely see them from here. More than 95% of the savings would happen after Mr. Obama's first term in the White House is over, and almost two-thirds of the promised deficit reduction would arrive after 2016. Pretending to cut deficits by pushing all real cuts into the future is Budget Flimflam 101."
And of course even those savings are based on ridiculous assumptions about economic growth.
This President has decided to abdicate his responsibilities as LEADER of the United States, hang back while the benighted Republicans try to bring the budget under control, and demagogue the hell out of them in his reelection campaign. How's that hope and change working out for you?
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