Obama: You guys sure are impatient to avert this looming fiscal catastrophe

posted at 4:12 pm on February 15, 2011 by Allahpundit

Ed blogged the presser earlier but I want to make sure that everyone sees the lowest moment from it, when The One dared to compare public anxiety after decades of federal complacency about the debt to frustration that it took three! whole! weeks! to oust Mubarak. (Has anyone actually made that complaint, by the way — that Egypt’s revolution was too sluggish? Or is that yet another of Obama’s famous straw men?) The reason, of course, that people are “impatient” with his cowardice on entitlements is because this seemed like the perfect moment to finally address them. He’s got a Republican House that’s being spurred on by tea partiers to cut cut cut; he’s got a new House budget chairman in Paul Ryan whose reputation has been built on addressing long-term sustainability. And, thanks to the mind-boggling deficits of the past few years, he’s got heightened public awareness about the magnitude of the problem. Releasing his new budget seemed like a fine time to finally have that “adult conversation” on Social Security and Medicare that he keeps promising, but nope. The best he can do in dodging Chuck Todd’s question here about why he ignored his own Deficit Commission is to float pay some more feeble lip service about how it provides “a framework for a conversation.” We’re not actually going to have the conversation, but hey, at least there’s a framework. Progress.

So lame is his new budget proposal that some Obama fans in the media are speculating that there must be a more serious, super secret plan in the works between him and the GOP to reach a compromise on entitlements and the budget. Is there? From the New York Review of Books:

But despite all the confrontational rhetoric between the two parties about budget priorities, the White House and Republican congressional leaders, in private talks, have agreed on the need to try to reach a bipartisan “grand bargain” over the budget—a sweeping deal that could include entitlements and tax reforms as well as budget reduction. A Senate Republican leadership aide confirmed this, saying, “In fact, for anything to happen, it will require such a White House/congressional leadership bargain.” The preferred idea is that, just as they did late last year on the tax bill, they would reach an agreement and then unveil it to the public.

McConnell has also suggested private negotiations as the path to serious entitlement reform. But if that’s the plan, with the two sides waging war publicly over the budget while compromising privately, doesn’t it set up Obama’s base to feel hugely betrayed when he eventually strikes a deal with Boehner and McConnell? By ducking entitlement reform in his own budget and ceding it to the GOP, he’s created a situation where he’ll be seen as having sold out to the right on the “social safety net” when the alleged grand bargain is struck. Or is that the whole point, to make it seem like he was dragged kicking and screaming towards a compromise by refusing to even consider entitlements in his own proposal? That’ll buy him a little goodwill with seniors and his base, but only a little. Exit question: Should Obama want a grand bargain on entitlements before or after the next election? Doing it beforehand would be hugely risky given the impact of the cuts, but it would also hugely damage the GOP’s chief line of attack that he’s not serious about balancing the budget. Click the image to watch.


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Reminds me of a car this friend of mine had. The automatic transmission was shot, so I had to push him out of his parking space a few times.

Count to 10 on February 15, 2011 at 4:15 PM

The baseline for negotiations should be a balanced budget. The Republican Party should put a balanced budget on the table, explain to America why that’s important and then challenge Obama to do the same. Any “compromise” should be about the particulars of how we balance the budget, not whether or not the budget should be balanced.

If neither party supports a balanced budget then neither party will be relevant to the future.

FloatingRock on February 15, 2011 at 4:16 PM

D-lusional.

kevinkristy on February 15, 2011 at 4:18 PM

Strawmen. Unicorns.

antisocial on February 15, 2011 at 4:18 PM

Cloward-Piven baby! Zero’s reluctance to come up with real solutions to the debt crisis is a feature, not a bug…

Battlecruiser-operational on February 15, 2011 at 4:18 PM

So lame is his new budget proposal that some Obama fans in the media are speculating that there must be a more serious, super secret plan in the works between him and the GOP to reach a compromise on entitlements and the budget. Is there?

No, there is no secret plan. His plan(along with the rest of the Democrat Party) is demagoguery. Make the GOP take the lead on entitlement reform so the Democrats and the media(I know, I’m being redundant) can paint them as evil and puppets of the rich.

Which is a stupid plan, BTW. We’re broke. Both at the federal and state level. This would’ve worked 15 years ago. Even 5 years ago. But all it’ll do now is make it clear to a majority of the electorate that Obama isn’t remotely serious about dealing with our fiscal crisis.

Doughboy on February 15, 2011 at 4:18 PM

The kind of budget that American families have to have are “balanced”.

That’s what I want the government to have. Which party do I vote for?

FloatingRock on February 15, 2011 at 4:20 PM

It is almost sounding like this fiscal train wreck in a feature and not a bug to Obama.

Chip on February 15, 2011 at 4:22 PM

Reminds me of a car this friend of mine had. The automatic transmission was shot, so I had to push him out of his parking space a few times.

Count to 10 on February 15, 2011 at 4:15 PM

Are you calling for a 2nd Ammendment solution to the deficit?

pedestrian on February 15, 2011 at 4:22 PM

It is almost sounding like this fiscal train wreck in a feature and not a bug to Obama.

Chip on February 15, 2011 at 4:22 PM

Those SEIU campaign contribution checks aren’t going to sign themselves.

pedestrian on February 15, 2011 at 4:23 PM

My understanding is that it is the task of the Congress to write the budget, what happened?

mixplix on February 15, 2011 at 4:24 PM

He’s doing the same thing to Boehner that he did to Pelosi. Punting the actual legislation to congress and trying to stay above the fray.

President Present 2012!

/not gonna happen

Mord on February 15, 2011 at 4:25 PM

As horrible as this may sound, in relevant terms, I’m sort of missing the good old days when Jimmy Carter was president.

ButterflyDragon on February 15, 2011 at 4:25 PM

What used to be called a “balanced budget” has been perverted by progressives on both sides of the isle into a fear tactic. Balanced budgets used to be considered sensible and responsible but now we’re supposed to believe that if we don’t raise the debt limit there will be a catastrophe.

Balance the budget or get out of the way!

FloatingRock on February 15, 2011 at 4:25 PM

McConnell has also suggested private negotiations as the path to serious entitlement reform. But if that’s the plan, with the two sides waging war publicly over the budget while compromising privately, doesn’t it set up Obama’s base to feel hugely betrayed when he eventually strikes a deal with Boehner and McConnell?

Not just Obama’s base.

If mcConnell and bammy want to govern in private, I suggest they buy an island somewhere and declare themselves in charge. Public has to buy into big time spending changes, or said public will be in the streets.

james23 on February 15, 2011 at 4:26 PM

As horrible as this may sound, in relevant terms, I’m sort of missing the good old days when Jimmy Carter was president.

ButterflyDragon on February 15, 2011 at 4:25 PM

Carter was a horrible President, but at least he didn’t add trillions to the debt while nationalizing our health care system.

Doughboy on February 15, 2011 at 4:29 PM

mixplix on February 15, 2011 at 4:24 PM

The president proposes a budget, Congress approves it and allocates funds. Congress can change the budget, but nothing happens until the president signs it. Nothing will happen until the President and Congress agree.

Mord on February 15, 2011 at 4:29 PM

Advisor: Mr President, we have a fiscal meltdown occurring and we have 1 week to find a solution.

Obama: Hey, whats for Dinner? I’m going to shoot some hoops tonight so….no interruptions, okay?

portlandon on February 15, 2011 at 4:30 PM

The message of November, at least mine:
Balance the budget
Reduce taxes

FloatingRock on February 15, 2011 at 4:30 PM

Barack Hussein Obama: sitting on the sidelines sucking on a slurpee since 1996.

csdeven on February 15, 2011 at 4:30 PM

And reduce regulation and bureaucracy.

FloatingRock on February 15, 2011 at 4:30 PM

Barack Hussein Obama: sitting on the sidelines sucking on a slurpee since 1996.

csdeven on February 15, 2011 at 4:30 PM

Obama’s teleprompter writers have failed, now, when he needs them most.

FloatingRock on February 15, 2011 at 4:32 PM

I think the Egypt reference is Obama’s narcissism showing itself. He apparently thinks that HE actually did bring it about. Delusional is right.

As for the budget it seems to me he loses the old folks either way. Make cuts now and they’ll be mad, don’t make cuts and their SS bennies are eaten up by inflation. Lose-Lose. His base is so small he can tell them to take a hike, if he does a Clinton and actually moves to the center. Otherwise he loses big in ’12.

It’s just my best guess, but I think this guy is a combination of not very intelligent and a narcissistic egomaniac. (Is that redundant?) So we get bizarre decisions and platitudinous speeches and griping about impatient reporters. The guy is a waste of reproductive matter.

JimP on February 15, 2011 at 4:33 PM

For such a ‘bright’ man, the analogy with the Egyptian change of dictators is very naive, er stupid.

This guy is not smart. The media and his handlers have you snookered.

Schadenfreude on February 15, 2011 at 4:34 PM

…on egypt, right? We had his monumental change over the last three weeks. Why did it take three weeks?,” Obama said today.

IMHO, throwing Egypt in there is a Fruedian slip. It sounds like he is telling us we need to throw him out of office to avoid fiscal catastrophe.

bitsy on February 15, 2011 at 4:35 PM

It doesn’t make any difference. The Republicans are going to do their best to fix this. They know it can’t be put off any longer. They will be rewarded with a recovering economy and a second Obama term. The American people will give this creep a chance to clean up the mess under Republican guidance. As long as he can keep any foreign countries from taking American citizens as hostages, he’s in like Flynn so he doesn’t need to worry about his base.

Cindy Munford on February 15, 2011 at 4:37 PM

Carter was a horrible President, but at least he didn’t add trillions to the debt while nationalizing our health care system.

Doughboy on February 15, 2011 at 4:29 PM

And Carter actually deregulated natural gas and the airline industry.

All part of the grand plot to make Jimmah look good.

rbj on February 15, 2011 at 4:38 PM

If you like your deficits, you can keep your deficits.

Signed,

Dear Reader

PS Send money.

GnuBreed on February 15, 2011 at 4:38 PM

Bargain? What bargain!

The president and the Democrats don’t intend to make a deal with Republicans to cut spending, and absolutely no evidence exists that would gives us a basis to think they will.

Get used to reality– the Democrats are dedicated to the proposition that government dependency is good, not bad. There is no budget deal, there is only misdirection and BS.

MTF on February 15, 2011 at 4:38 PM

Carter was a horrible President, but at least he didn’t add trillions to the debt while nationalizing our health care system. Doughboy on February 15, 2011 at 4:29 PM

I recall hand wringing about the $50B Carter deficit in 1979.

Akzed on February 15, 2011 at 4:40 PM

But what would Megatron have said about it?

livefreerdie on February 15, 2011 at 4:43 PM

It took this guy about 200 hours in office to rush through passage of a trillion-dollar spending bill. Impatience?

His current budget shows he doesn’t give a damn about what voters just told him loud and clear 14 weeks ago. When someone needs to listen and is not listening, then yeah, you get impatient with such an obstinate, feckless individual.

Edouard on February 15, 2011 at 4:45 PM

Gosh, what is that I see in the window?

/Chauncey

RedRedRice on February 15, 2011 at 4:45 PM

Obama is not enough of a man to come to the table and bargain for real. I’m not convinced that Boehner and McConnell are man enough to force a confrontation, either. Let’s hope the Tea Party pressures the GOP to do the right thing here.

Outlander on February 15, 2011 at 4:46 PM

This would be a perfect time for a Chris Christie’s type of speech by a Republican in response to Obowma…

“Years ago, you were lied to by a politician. And they knew they were lying to you. And they continued to lie to you until the day came where our fiscal problem is so big, that we can not hide from it anymore…

… Don’t get mad at me for telling you the truth. We are broke, we don’t have the money for all these programs, and if we don’t get our fiscal house in serious order, the future of this Country is at stake!”

Seven Percent Solution on February 15, 2011 at 4:47 PM

Strawmen. Unicorns.

antisocial on February 15, 2011 at 4:18 PM

“Strawcorns”!

NY Conservative on February 15, 2011 at 4:49 PM

Solid B+

Clark1 on February 15, 2011 at 4:49 PM

Ladies and Gentlemen, I give you the Peter Principle in the flesh.

booter on February 15, 2011 at 4:49 PM

Exit question: Should Obama want a grand bargain on entitlements before or after the next election?

Rome is burning and Obama is playing politic with the fire-hoses. The answer should be fix America first, worry about getting elected second. Didn’t we the people tell him that already?

ExPat on February 15, 2011 at 4:51 PM

Frameworks, that’s all this stumble-bumble-head of a president has ever talked about, vague frameworks that will never go anywhere.

Of course the GOP is thinking 2012 so they aren’t going to do crap either, which means we are screwed and blued, the tattoo will come soon.

Bishop on February 15, 2011 at 4:53 PM

Here is the proof that the mind of a progressive is damaged from birth and that is why they grasp onto progressive ideologies. (As opposed to the notion that they are damaged because they are progressive.)

Maslow’s Hierarchy of Needs

When a NEED toward the bottom of the pyramid is lacking, the person forgets the current level until that lower need is fulfilled.

This country does not have the second level (safety) needs satisfied and that is where we need to focus our efforts. Obama saying we need to ANY efforts on achievements (future education, level 4 Esteem) is completely counter to reality. Every bit of our effort should be on level two, and only after those needs are satisfied can we move toward satisfying personal achievement goals. The plan he has set forth is akin to watching your house burn and rather than call the fire department, you pulls out the garden hose to put out the fire and then have a discussion with the neighbor on what type of fruit trees he is going to plant in the spring.

The liberal mind has always thought they can have their cake and eat ours too. Obama’s sham of a budget proves that.

Maslow used Einstein’s writings and accomplishments to exemplify the characteristics of the self actualized person. He realized that all the individuals he studied had similar personality traits. All were “reality centered”, able to differentiate what was fraudulent from what was genuine. They were also “problem centered”, meaning that they treated life’s difficulties as problems that demanded solutions.

Obama wants to sit above the fray and expects OTHERS to worry about if issues need to be solved while he and his ilk bask in opulence.

csdeven on February 15, 2011 at 4:55 PM

present!

DrW on February 15, 2011 at 4:56 PM

I recall hand wringing about the $50B Carter deficit in 1979.

Akzed on February 15, 2011 at 4:40 PM

Even in adjusted dollars, I wish we could stress over a deficit like that today. Hell, I’m pining for the days of Bush’s out-of-control spending.

Doughboy on February 15, 2011 at 4:57 PM

WTF … over.

darwin on February 15, 2011 at 4:58 PM

Anyone who thought that Barack Obama, who brought about one of the largest government spending sprees in history, would all of a sudden reverse course is a nitwit. Espcially with the polls the way they are.

You get the government you deserve, and there are too many ill-informed adults in this country for representative government to work correctly.

We are screwed.

WisCon on February 15, 2011 at 4:59 PM

Rome is burning and Obama is playing politic with the fire-hoses. The answer should be fix America first, worry about getting elected second. Didn’t we the people tell him that already?

ExPat on February 15, 2011 at 4:51 PM

Yeah, but why would he listen to a bunch of people who voted him into office in the first place?

If they knew what they were doing he wouldn’t be here.

Lily on February 15, 2011 at 4:59 PM

Nowobama is threatening to veto the GOP budget. They should go ahead and let the governement shutdown on March 3rd if he is going to try this nonsense

ConservativePartyNow on February 15, 2011 at 5:01 PM

Oh, veto away, baby. then it’s on.

WitchDoctor on February 15, 2011 at 5:03 PM

I still can’t believe that my country elected a man that regularly attended the church of an America-hating anti-Semitic radical pastor for 20 years and had that same man baptize his own children.

*shakes head*

Carry on…

visions on February 15, 2011 at 5:03 PM

The gross national debt as of yesterday (2/14/11) was $14,081,561,324,681.83. The fed has been printing money from thin air and buying US debt. Until Bernanke no fed has ever done this. Now under QE they bought $1.2 trillion in debt, and under QE2 they are now buying up another $600 billion for a total of $1.8 trillion making them the largest debt holder in the world.

Since the fed already owns 13 percent of the debt, what would prevent the fed from printing enough money to buy up all of the outstanding debt? Then no one or no country would own any US debt. The fed could then just say it was a bad investment and wipe out the debt in one fell swoop. If it can print money from thin air it can extinguish debt the same way.

The fact is even in the so called surplus years in the late 1990′s it was not so. Each year the debt increased because of so much of spending and transfers (e.g. Social Security to general fund) were concealed that the surplus was fictitious.

The US has never reduced the debt or paid off any debt, it just keeps growing. I expect we will never pay off the debt unless we use the magic of just making it disappear.

In a 1992 book titled “Debt Virus” by Jacques Jaikaran described a method of no taxation, where a country would print the monies it needed for required spending. This country exists on the island of Guernsey.

Dasher on February 15, 2011 at 5:09 PM

You know who this helps?…..

….the Caliphate!

PappyD61 on February 15, 2011 at 5:34 PM

Releasing his new budget seemed like a fine time to finally have that “adult conversation” on Social Security and Medicare that he keeps promising, but nope.

No, that would require LEADERSHIP. The One doesn’t have it. When the Republican ax falls on entitlements, Barry will lead the charge, wailing and moaning about the ‘disrespect’ shown to seniors.

There’s no issue Barry can’t straddle.

GarandFan on February 15, 2011 at 5:37 PM

It’s too late. We are doomed. Our corrupt and moronic CONgress, along with Fed Dictator Ben Bernanke, are going to destroy us all.

he’s got a new House budget chairman in Paul Ryan whose reputation has been built on addressing long-term sustainability.

Economy Flight 666 – Our One-Way Ticket To Zimbabwe

Congressman Ryan is working to solve it. As much as I like, admire and respect Representative Ryan – I have to say: He epitomizes Walker’s illustration of our biggest deficit. He does not have the economic vision to see the picture and he is therefore stunted from forming a dynamic and cohesive plan that will solve our problems.
[...]
Bernanke is by definition a weak link. Obama should have fired him. He and Greenspan created the housing bubble. They deserve no rewards for ordering a 10.4 trillion dollar carpet to sweep their mess under in order to hide and prolong the disaster. Paul Ryan should have used this opportunity to publicly condemn the man and demand the idiot’s resignation.
[...]
We can’t get to a stable monetary system stuck on this flight to hell. I am deeply saddened that Paul Ryan won’t be a good leader until after he learns from this colossal failure.

Rae on February 15, 2011 at 5:39 PM

The One dared to compare public anxiety after decades of federal complacency about the debt to frustration that it took three! whole! weeks! to oust Mubarak.

Everything these people say would fit perfectly at a crack addict’s intervention.

“I’ve been doing this for thirty years. Why do people keep telling me to stop NOW?”

logis on February 15, 2011 at 6:09 PM

He gets worse each week…I swear, he is going backwards in intellect, speeches, leadership…like a strange movie, where one man moves backward through time, while the rest of us are dealing with reality and the future.
It is surreal watching him seriously talk about a subject, that has moved far beyond his ability to comprehend.

right2bright on February 15, 2011 at 6:13 PM

“You guys are pretty impatient. If something doesn’t happen today, then the assumption is it isn’t going to happen,” Obama said. “My goal here is to actually solve the problem….It’s not to get a good headline on the first day.”

Anyone think his goal is to “solve the problem”? If so, can I get a clarification as to the nature of this problem?

Maybe, if the problem is that the US doesn’t spend 30-35% if it’s revenue on interest payments for debt… well his budget for the next decade will fix that problem.

If the problem he think he’s solving is the debt and deficit with his plan… maybe he could come up with a better plan to solve a problem. Peeing on a Forest Fire seems more likely to be an effective solution.

gekkobear on February 15, 2011 at 6:43 PM

Close the government down in March.

And keep it closed until there’s been some serious slashing and burning and the bills can get paid.

BowHuntingTexas on February 15, 2011 at 7:43 PM

it provides “a framework for a conversation.” We’re not actually going to have the conversation, but hey, at least there’s a framework. Progress

Wow it sounds like the recent NFL Player’s UNION tactic of proposing what a deal may look like, then not negotiating from that point.

cobrakai99 on February 15, 2011 at 8:35 PM

Or is that the whole point, to make it seem like he was dragged kicking and screaming towards a compromise by refusing to even consider entitlements in his own proposal? That’ll buy him a little goodwill with seniors and his base, but only a little.

His base, maybe. But seniors? Why were there so many seniors at “town hall” meetings and Tea Parties the last two years? Maybe because ObamaCare is cutting Medicare funding and taxing private health insurance to “pay for” health insurance for young people who don’t want it?

Steve Z on February 16, 2011 at 10:23 AM