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GOP throws Obama's old deficit stands back at him
Associated Press ^
| Dec 11, 2012 2:17 PM (ET)
| CHARLES BABINGTON
Posted on 12/11/2012 1:07:50 PM PST by DJ MacWoW
WASHINGTON (AP) - Some of the best Republican arguments against President Barack Obama's proposals to avoid a "fiscal cliff" come from the president himself, in comments he made months or years before his re-election.
Stung by the GOP's midterm election gains in 2010, Obama took stands that differ from his current positions on raising tax rates, adjusting Social Security and other topics now dominating Washington as a Dec. 31 deadline nears.
(Excerpt) Read more at apnews.myway.com ...
TOPICS: Government; News/Current Events
KEYWORDS: deficit; fiscalcliff; taxes
Ho-Hum. They aren't serious. It's all for show.
The one they should have been using all along is this:
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America's debt weakens us domestically and internationally. Leadership means that, the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."
~ Senator Barack H. Obama, March 2006
1
posted on
12/11/2012 1:07:57 PM PST
by
DJ MacWoW
To: DJ MacWoW
Completely different. That was Bush’s reckless spending. Now it is Obama’s heroic investment. I’m sure that clears it up. < /sarc, as if you needed it>
2
posted on
12/11/2012 1:13:27 PM PST
by
KarlInOhio
(Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
To: KarlInOhio
Um............yeah. But thank you for the help anyway. :-)
3
posted on
12/11/2012 1:15:02 PM PST
by
DJ MacWoW
(My faith and politics cannot be separated)
To: DJ MacWoW
4
posted on
12/11/2012 1:15:26 PM PST
by
The_Victor
(If all I want is a warm feeling, I should just wet my pants.)
To: DJ MacWoW
That was then, this is now.
~ President Barak H. Obama, November, 2012.
5
posted on
12/11/2012 1:34:05 PM PST
by
ArGee
(Reality - what a concept.)
To: ArGee
And the Republicans are too spineless to use it.
6
posted on
12/11/2012 1:38:56 PM PST
by
DJ MacWoW
(My faith and politics cannot be separated)
To: DJ MacWoW
Boehner also must live with ghosts from the failed "grand bargain" talks of 2011. Chief among them is his willingness to generate $800 billion in new federal revenue No, this is NOT a ghost. Boehner is still calling for $800 B.
Obama is the only ghost here no matter how much the media wants to spin some kind of moral relativity.
7
posted on
12/11/2012 2:07:00 PM PST
by
what's up
To: DJ MacWoW
Cheney to Treasury: “Deficits don’t matter”
Former Treasury Secretary Paul O’Neill was told “deficits don’t matter” when he warned of a looming fiscal crisis.
O’Neill, fired in a shakeup of Bush’s economic team in December 2002, raised objections to a new round of tax cuts and said the president balked at his more aggressive plan to combat corporate crime after a string of accounting scandals because of opposition from “the corporate crowd,” a key constituency.
O’Neill said he tried to warn Vice President Dick Cheney that growing budget deficits-expected to top $500 billion this fiscal year alone-posed a threat to the economy. Cheney cut him off. “You know, Paul, Reagan proved deficits don’t matter,” he said, according to excerpts. Cheney continued: “We won the midterms (congressional elections). This is our due.” A month later, Cheney told the Treasury secretary he was fired.
Source: [X-ref O’Neill] Adam Entous, Reuters, on AOL News Jan 11, 2004
8
posted on
12/11/2012 2:21:35 PM PST
by
RedStateRocker
(Nuke Mecca, Deport all illegals, abolish the IRS, DEA and ATF.)
To: DJ MacWoW
Great post DJ!
How ya doing, haven’t seen you in a while ;)
9
posted on
12/11/2012 2:22:27 PM PST
by
Las Vegas Ron
(Medicine is the keystone in the arch of socialism)
To: Las Vegas Ron
I've done better.
How are you?
10
posted on
12/11/2012 2:24:09 PM PST
by
DJ MacWoW
(My faith and politics cannot be separated)
To: DJ MacWoW
About the same, really nice to see you!
11
posted on
12/11/2012 2:26:08 PM PST
by
Las Vegas Ron
(Medicine is the keystone in the arch of socialism)
To: RedStateRocker
The really sad thing is not so much that both parties are being entirely hypocritical (few Republicans had any issue with raising the ceiling when President Bush was in office) but that a ‘mere’ 500 billion looks so quaint now.
12
posted on
12/11/2012 2:26:20 PM PST
by
RedStateRocker
(Nuke Mecca, Deport all illegals, abolish the IRS, DEA and ATF.)
To: RedStateRocker
13
posted on
12/11/2012 2:26:54 PM PST
by
DJ MacWoW
(My faith and politics cannot be separated)
To: DJ MacWoW
I wonder how far back the data can be analyzed - is King Obama the first President ever since WWII to have hit the 25% level?
14
posted on
12/11/2012 4:29:11 PM PST
by
Cheerio
(Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
To: Cheerio
I wish that I had saved the info but didn’t. Obama and FDR lead the pack. They outspent everyone else back to Geo. Washington.
15
posted on
12/11/2012 4:36:57 PM PST
by
DJ MacWoW
(My faith and politics cannot be separated)
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