We made one heck of a huge mistake in November, my fellow Americans:
The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today’s bleak landscape.
The administration’s annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama’s budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.
The release of the update—usually scheduled for mid-July—has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town Aug. 7 on its summer recess.
The administration is pressing for votes before then on its $1 trillion health care initiative, which lawmakers are arguing over how to finance.
Anyone who defends this Administration is digging himself ever deeper in to the “sucker” hole – Obama knows his numbers are all screwed up, that his Obamacare can’t be paid for, but he wants to hide the budget numbers until after the vote…so that the numbers won’t show that passing Obamacare is national economic suicide.
Here’s the real problem – the greatest nation in human history has an inexperienced, cowardly socialist for a President…his VP is even more of an idiot, and the leaders of the House and Senate are partisan hacks. We’re stuck hoping that, some how, Clinton and Gates can keep things up on the rails until we can vote Obama and his Democrats out.
Its going to be a very, very long four years.
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