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Gibbs: Deficit won't hurt plan to cut red ink
AP via Yahoo ^ | 3/20/09 | ANDREW TAYLOR

Posted on 03/20/2009 12:21:26 PM PDT by maggief

WASHINGTON – The White House says new projections of spiraling budget deficits won't stop President Barack Obama from achieving his goals or keeping his promise to cut the country's red ink in half within four years.

White House spokesman Robert Gibbs said Friday that the administration is a bit more optimistic about the nation's economic growth over the long term than congressional analysts. The congressional projections released Friday say Obama's budget would generate deficits averaging almost $1 trillion a year over the next decade.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Government; News/Current Events; Politics/Elections
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To: Oldpuppymax

This administration calls all spending “investments.” When you use that logic, you can justify that more spending will actually make things better, and 50% of Americans will fall for it because Obama’s COOL! It’s a sad state of affairs.


21 posted on 03/20/2009 1:13:30 PM PDT by chpmass
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To: chpmass

We are SO screwed!!


22 posted on 03/20/2009 1:19:51 PM PDT by TheKidster (you can only trust government to grow, consolidate power and infringe upon your liberties.)
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To: bill1952
new projections of spiraling budget deficits won't stop President Barack Obama from achieving his goals or keeping his promise to cut the country's red ink in half LOL! - Newspeak.

It won't be long and I fully expect the dying lame stream bankrupt old media to just start printing outright lies like Baghdad Bob. Right now they are in full-scale lying mode, but it is more subtle and hidden to many who have no way of checking THE FACTS.
23 posted on 03/20/2009 1:36:57 PM PDT by Cheerio (Barack Hussein 0bama=The Complete Destruction of American Capitalism)
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To: Cheerio
Take away their 1st amendment protections.

"freedom of the press does not mean freedom from the truth"

24 posted on 03/20/2009 1:43:30 PM PDT by bill1952 (Power is an illusion created between those with power - and those without)
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To: maggief

Dangummit you beat me by a mile. But I was sleeping.


25 posted on 03/20/2009 1:48:29 PM PDT by GOYAKLA (My Tee shirt for 2009-2012:" I voted FRED don't you wish you did")
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To: maggief

0bama can either raise taxes by a LOT or put the deficit on his brand, spanking new Capitol One card with 0% interest for the first year.


26 posted on 03/20/2009 1:51:20 PM PDT by N. Theknow (Kennedys: Can't fly, can't ski, can't drive, can't skipper a boat, but they know what's best.)
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To: maggief

“Gibbs: Deficit won’t hurt plan to cut red ink”

The Obama administration is obviously replete with graduates of school systems dominated by the leftist agenda. . . . they apparently don’t understand that, when you subtract a negative number from a negative number, you get an even larger negative number.

And I thought they knew everything there was to know about “negative”.


27 posted on 03/20/2009 2:01:20 PM PDT by RatRipper (Opposing the leftists for my family, my friends, and for me.)
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To: maggief

What a stupid statement. Where’s that pic of the Iraqi public affairs spokesman who was such a loon? His picture should be posted with every statement Robert Gibbs makes. They are in the same league.


28 posted on 03/20/2009 2:04:59 PM PDT by saganite (What would Sully do?)
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To: saganite

See post #4. :)


29 posted on 03/20/2009 2:08:49 PM PDT by maggief
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To: bill1952
Take away their 1st amendment protections.

I agree but it cannot possible happen with the environment we have today - the DNC media and their supporters in the DIM party and WH will fight that to the death.

The GOP is totally screwed, and will never regain control. The country is divided with 1/2 of America believing this guy is their messiah - he will bring free and legal drugs to all, he will ensure tax funded abortions for everyone, he will disband the US military, and he will complete the destruction of the evil capitalistic system we have been ruled under for 233 years and replace with a much fairer MARIXIST state. How can the GOP POSSIBLE WIN AGAINST SUCH AN ATTRACTIVE PROMISE AS THAT? To one-half the country that want a MTV Rock Star president that will hand out public treasury goodies to the drug dazed population, the GOP can never compete. America has taken 233 years to reach this state.
30 posted on 03/20/2009 2:11:30 PM PDT by Cheerio (Barack Hussein 0bama=The Complete Destruction of American Capitalism)
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To: RatRipper
“What we will not cut are investments that will lead to real growth and prosperity over the long term,” Obama said. “That's why our budget makes a historic commitment to comprehensive health care reform. That's why it enhances America's competitiveness by reducing our dependence on foreign oil and building a clean energy economy.”

http://news.yahoo.com/s/ap/20090320/ap_on_go_pr_wh/obama_budget

31 posted on 03/20/2009 2:27:47 PM PDT by maggief
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To: maggief

LOL! Yeah, I saw it after I posted my rant. Still, it’s a good idea to associate those two every time Gibbs gets mentioned here.


32 posted on 03/20/2009 3:41:30 PM PDT by saganite (What would Sully do?)
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To: maggief

These guys are crazier than a herd of $hithouse rats.


33 posted on 03/20/2009 3:44:06 PM PDT by VideoDoctor
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