Quantcast

Obama's Budget Is Unsustainable; Clueless As To What To Do

jr 2012/02/19 15:38:17
While Obama is still touting on the White House website under Fiscal Responsibility "cut the deficit in half" and "return to honest budgeting" Treasury Secretary Geithner last week reveals federal spending is spiraling out of control with no plan to slow it down. The most egregious part of the website rejects the very budget gimmick that is contained in his 2013 budget.

You will find very little of this information reported in the main stream media, since this would hurt Obama's chances of reelection. Apparently they do not comprehend or care about the urgency of the situation.

Second Year In A Row; Geithner says Budget Plan Unsustainable

Geithner "We don't Have a definitive Solution...We Just Don't Like Yours

un·sus·tain·a·ble
[uhn-suh-stey-nuh-buhl]
adjective
not sustainable; not to be supported, maintained, upheld, or corroborated.
You!
Add Photos & Videos

Top Opinion

  • No nonsense NanC...don't BS... 2012/02/19 16:14:15
    No nonsense NanC...don't BS me!
    +19
    0bama is clueless, but we all have found that out, but meanwhile his Democrat controlled Senate won't even bring it up for a vote, The Senate voted 47-0 against his budget last
    year. 0bama already has members of his administration out lying about how it takes
    60 votes to pass the budget in the Senate, which is a bold face lie. and it is the
    Republicans fault because they won't vote for his budget. They can't vote for
    or against 0bama's outrageous budget because Sen. Reid won't give the bill a vote.
    Probably because a lot of Dems would vote against it, just like they did last year.

    I can't believe the American people are dumb enough to fall for this double talk and
    bold lie, but we know many of them will.

Sort By
  • Most Raves
  • Least Raves
  • Oldest
  • Newest
Opinions

  • S. Gompers 2012/02/25 11:47:02
    S. Gompers
    Most budgets are unsustainable. Since March 1962, the debt ceiling has been raised 74 times, according to the Congressional Research Service. Ten of those times have occurred since 2001. Our elected "servants" use other peoples money (ours) like a crack head chasing crack.
  • mchappell2 2012/02/24 11:38:11
  • Mike 2012/02/23 23:04:44
    Mike
    No matter what happens Bush will be blamed for it OBAMA BLAME BUSH
  • XENON23 2012/02/22 15:31:07
    XENON23
    Well It must be so. Oh how I hate that he may win do to the messed up Republican race.
  • les_gvt 2012/02/22 04:22:05
    les_gvt
    +1
    He has cut the budget in half- He wanted to spend twice as much, but the printing press went haywire

    cut budget spend printing press haywire
  • alex 2012/02/22 04:17:47 (edited)
    alex
    +1
    that's usually what happens when you let problems build up, you throw it aside untill the time comes when you know what to do with it. And that time isn't coming anytime soon with Obama
  • PoliticallyIncorrect 2012/02/22 04:01:27
    PoliticallyIncorrect
    +1
    Obamass, author of Demise by Design ... it's part of the plan that he and media matters (George Soros) have been making in their weekly conference calls. Create chaos with a runaway economy and suspend the Constitution ... grab power and don't let it go. This isn't happening because he's stupid, it's been his plan all along.
  • mchappell2 Politic... 2012/02/24 11:40:49
    mchappell2
    But the Bible Code says ....IF he is re-elected...He will be assasinated...Don't wish that on no one...BUT....
  • Politic... mchappell2 2012/02/24 20:29:06
    PoliticallyIncorrect
    It is? I don't know about that one. Can you shed a little more light on it? Are you referring to the Bible Code from the Torah, or is this something else?
  • Red_Horse 2012/02/22 04:00:45 (edited)
  • Sherlock Dog BL - a Gazillion 2012/02/21 14:11:40
  • Charles R. Anderson 2012/02/21 05:16:02
    Charles R. Anderson
    +1
    The Obama long-term plan is to expand the debt by 2% of GDP every year through 2087 for a total debt of 192% of GDP. That is most definitely unsustainable. Indeed, bankruptcy will occur long before then.

    Here is a man who talks constantly about step to take to prevent running out of energy in the next several hundred years, but who has nothing to say about keeping our national debt sustainable for the next couple of decades. Why would that be the case? Because addressing energy as a crusade enables socialism, just as the collapse of our credit and the crushing burden of debt on the People will enable socialism. Unbearable debt is good for this man's cause, just as claiming man-made global warming and energy catastrophes are good for his cause.
  • Ken 2012/02/21 02:32:36
    Ken
    +2
    As if we didn't already know this, it doesn't take an Ivy League degree to figure it out.
  • Sherloc... Ken 2012/02/21 14:16:33
  • Ken Sherloc... 2012/02/22 01:48:15
    Ken
    +1
    That's called Obama logic.
  • Sherloc... Ken 2012/02/25 01:44:07
  • goatman112003 2012/02/20 19:16:17
    goatman112003
    +1
    When is the crash happening and do we have enough firetrucks around for when it comes.
  • Sherloc... goatman... 2012/02/21 14:16:09
  • jackolantyrn356 2012/02/20 15:58:18
    jackolantyrn356
    +2
    but can this be hidden with Chinese money until the other shoe falls
  • Boris D. 2012/02/20 15:28:50
    Boris D.
    +2
    I really don't think Obama seriously thinks the thing could pass.

    He's already exceeded Bush's eight year total in three short years.
  • Ghost 2012/02/20 15:28:19 (edited)
    Ghost
    +4
    If you spent roughly $1 million dollars a day for the next 3000 years you would have $1 trilllion. Our nation is over $15 trillion in debt today. The only plan out there that has a chance of stabilizing our country is congressman Paul Ryan's plan. Here it is in a nutshell and below is the national debt clock site.



    http://www.usdebtclock.org/

    *side note................ Rick Santorum, Newt Gingrich, and Ron Paul still refuse to endorse Paul Ryan's plan, while Mitt Romney is the only candidate who fully endorses Paul Ryan's plan "The Path to Prosperity".
  • mchappell2 Ghost 2012/02/24 11:46:34
  • Cold Warrior 2012/02/20 15:21:11
    Cold Warrior
    +2
    Its proof that this clown has a chance to be re-elected that either not enough Americans are paying attention, or are just blind partisans who believe all the BS the liberal news media tells them.
  • Hawkeye 2012/02/20 14:40:21
    Hawkeye
    +8
    Let me put it like this.. The left SQUALLS about how the "Bush " wars brought on this economic crises yet they support Obama's economic failures like they're the Savior of mankind..

    Consider this.. The entire cost of the Wars in Afghanistan and Iraq,, from the INVASION to the point where the economy collapsed in 2008 is estimated to be anywhere from $800 Billion to $850 Billion.. Now.. I've seen where Left Wingers have claimed that this number was as high as 10 Trillion Dollars so that just goes to show how far they are willing to go to Blame Bush for the economy..

    But,, Let's just stay with the ACCEPTED numbers here and we'll even go with the HIGH estimate,, $850 Billion..

    The DEFICITS of the Obama Budgets of ALL three years are ALL over a Trillion Dollars..

    The DEFICITS.. Not EVEN talking about the Budgets themselves.. The DEFICITS..

    2009,, 2010,, 2013.. His Budget for year 2013 alone is 3.8 Trillion with a Deficit of 1.3 trillion..

    EACH of Obama's DEFICITS are higher then the TOTAL cost of BOTH wars up until the Campaign Season of 2008..

    Just to put things into perspective here..
  • Cold Wa... Hawkeye 2012/02/20 23:32:40
    Cold Warrior
    +2
    A progressive liberal faced with the truth of your comment...

    obama
  • Sherloc... Hawkeye 2012/02/21 14:25:55
  • Hawkeye Sherloc... 2012/02/21 14:56:29
    Hawkeye
    +1
    Okay.. ENough with the Obama Budget Reports already..

    ROFLMAO...
  • Sherloc... Hawkeye 2012/02/21 15:11:30
  • Hawkeye Sherloc... 2012/02/21 15:14:03
    Hawkeye
    +1
    ROFLMAO...
  • Sherloc... Hawkeye 2012/02/21 15:30:49
  • mchappell2 Sherloc... 2012/02/24 11:49:59
    mchappell2
    +1
    Just like he did when they dragged him from the golf course when Bin Laden was supposedly killed...But he takes TOTAL credit for that....Stupid half breed
  • Sherloc... mchappell2 2012/02/25 01:45:51
  • Franklin 2012/02/20 13:54:37
    Franklin
    +3
    Its a work of fiction just like Obamacare – democrats will say Republicans are blocking this “good budget” ...this is a dirty LIE !
  • Torchmanner ~PWCM~JLA 2012/02/20 12:45:07
    Torchmanner ~PWCM~JLA
    +4
    obaaaaama is writing checks with no money in the bank. Could WE do that and get away with it?
  • Cold Wa... Torchma... 2012/02/20 23:33:09
    Cold Warrior
    +1
    Only till the Police caught us!
  • gary 2012/02/20 08:47:07
  • Jay Theyme 2012/02/20 05:48:24
    Jay Theyme
    +2
    This has been going on for 3 years with Obama. Meandering. He throws together 10 different things (maybe good in and of themselves in theory) but puts little spins and conditions. Micro-manages pointless things. In the end nothing happens but just kinda... going in a circle. but really that is devastating in its own right.
    Honestly, you might hate the Republican that shows up smashing budgets and doing large-scale economic reforms HOWEVER at least you have something done. It might even hurt at first. But you do SOMETHING going forward.
  • marylou5 2012/02/20 05:16:06
    marylou5
    +1
    There are days I wonder if he American public has been given stupid pills!
  • Cliff 2012/02/20 05:04:54
    Cliff
    +2
    Just keep lying your asses off and maybe not enough people will figure out that you liberals are full of crap. Now there's strategery for you!
  • marcuss LIBERALS ARE IDIOTS 2012/02/20 04:07:25
    marcuss LIBERALS ARE IDIOTS
    +3
    As one DEMOCRAT described it, "A nervous breakdown on paper"

News & Politics

2013/05/22 23:02:23

Hot Questions on SodaHead
More Hot Questions

More Community More Originals