Classic Obama: FY2015 budget would hike taxes by $100 billion on the one industry that’s thriving

posted at 7:21 pm on March 5, 2014 by Erika Johnsen

The White House dropped President Obama’s FY2015 budget readout yesterday, and as the NYT rather aptly titled it, it amounted to little more than a “populist wish list” that doesn’t even try to look serious about addressing our runaway entitlement spending or ballooning national debt. It includes a lot more of the stimulus-spending-as-growth utter crapola we’ve been dealing with for the past five years, and to really demonstrate just how bass-ackwards his and the Democrats’ brand of economic thinking really is, we need look no further than what his would-be budget would inflict on one of the few bright spots in his otherwise weaksauce economy.

ATR summarizes:

Read: The shale boom has happened entirely incidentally to the Obama administration’s policies, offering an unexpected boon of economic growth and job creation that their own paltry policies have largely failed to produce. In their dream world, their preferred reaction to this windfall is to heap billions of dollars worth of taxes onto oil and gas companies (consumers — this means you!) to pay for their most fantastical stimulus-driven whims — and (mind-blowingly regressive) higher energy prices on fossil fuels is just an added bonus!

Reducing federal spending and regulations, thereby making it easier for businesses to grow and hire and leaving that money and capital in the private sector for investment? Pish tosh!


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Only $100 billion?

It should be $100 trillion! Why does Dear Leader hate poor people?

ShainS on March 5, 2014 at 7:26 PM

Obama will fill his stash wherever he can get it.

Bitter Clinger on March 5, 2014 at 7:26 PM

It only makes sense when you realize Democrats want to hold America back. Their PR staff talks a big game, but the results speak for themselves.

JeremiahJohnson on March 5, 2014 at 7:28 PM

If it moves, tax it. If its still moving, regulate it. If it stops moving, subsidize it.

El_Terrible on March 5, 2014 at 7:30 PM

What an unbelievable moron and a liar. Typical liberal, however. Congress has no cajones, absolutely none.

ultracon on March 5, 2014 at 7:30 PM

The Obie Adminstration is just really becoming sad..I hope and pray that Team Obie doesn’t totally destroy the respect aspect of POTUS before they are gone..:(

Dire Straits on March 5, 2014 at 7:30 PM

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Lost in Jersey on March 5, 2014 at 7:31 PM

…out of control!
…thank you MSM!

KOOLAID2 on March 5, 2014 at 7:31 PM

OT but significant

Schadenfreude on March 5, 2014 at 7:31 PM

His approval is at 38% today.

Schadenfreude on March 5, 2014 at 7:32 PM

Obama is the anti-Reagan. He does everything in reverse of what would actually work to get America moving.

Conclusion? Obama is a communist and needs to be impeached.

redguy on March 5, 2014 at 7:33 PM

.I hope and pray that Team Obie doesn’t totally destroy the respect aspect of POTUS before they are gone..:(

Dire Straits on March 5, 2014 at 7:30 PM

Too late buddy, too late…

OmahaConservative on March 5, 2014 at 7:33 PM

If we start with the premise, advanced by Obama himself, that he’s the “smartest man in the room” anywhere he goes, then one must conclude that, because every *single* thing he does adds to our collective misery and the destruction of the America I grew up with, it must be on purpose.

Nobody could screw up so many things, so badly, so often, purely on accident. Think of the odds.

Lance Corvette on March 5, 2014 at 7:34 PM

Of course he’s going to tax the successful industries, silly! Where else do you think the money is?

PattyJ on March 5, 2014 at 7:37 PM

Just saw the obama’care’ delay thread.

Schadenfreude on March 5, 2014 at 7:37 PM

Too late buddy, too late…

OmahaConservative on March 5, 2014 at 7:33 PM

I have a sinking feeling you are right..:)

Dire Straits on March 5, 2014 at 7:38 PM

Too late buddy, too late…

OmahaConservative on March 5, 2014 at 7:33 PM
I have a sinking feeling you are right..:(

Dire Straits on March 5, 2014 at 7:38 PM

Sorry..Fixed..:)

Dire Straits on March 5, 2014 at 7:39 PM

The Obie Adminstration is just really becoming sad..I hope and pray that Team Obie doesn’t totally destroy the respect aspect of POTUS before they are gone..:(

Dire Straits on March 5, 2014 at 7:30 PM

I think many separate out from POTUS the dog eater.

Bmore on March 5, 2014 at 7:43 PM

Obama’s got a bad, bad case of “hate”.
Hates his father, hates his other 1/2 cause its not black enough, hates the life he has lived,hates the fact he is a failure as a human, hates rich people cause it makes him hate the fact he is rich now himself, hates the fact millions of U.S. are happy and love one another and the U.S., hates he can not be normal, hates that he knows he will be remembered only as that fool social justice, global warming cult member, disruptive loon left Democrat President who had no idea what to do once elected to office.

It is not our problem, he hates no matter the facts or the truth.

Hate he is.

APACHEWHOKNOWS on March 5, 2014 at 7:46 PM

Obama is the anti-Reagan. He does everything in reverse of what would actually work to get America moving.

Conclusion? Obama is a communist and needs to be impeached.

redguy on March 5, 2014 at 7:33 PM

It’s his entire administration. He’s not astute enough to come up with all this destruction by himself.

Cleombrotus on March 5, 2014 at 7:49 PM

Nobody could screw up so many things, so badly, so often, purely on accident. Think of the odds.

Lance Corvette on March 5, 2014 at 7:34 PM

Your post makes a lot of sense..I hope a lot more folks will start questioning Team Obie..There are not a lot of “bright bulbs” in the Obie Administration..If any at all..:(

Dire Straits on March 5, 2014 at 7:49 PM

When I read the headline, my first thought was, he’s going to tax the government? That doesn’t make sense. This doesn’t make sense either, but he’s never let that stop him before.

talkingpoints on March 5, 2014 at 7:50 PM

The Obie Adminstration is just really becoming sad..I hope and pray that Team Obie doesn’t totally destroy the respect aspect of POTUS before they are gone..:(

Dire Straits on March 5, 2014 at 7:30 PM

The more he destroys respect for government the better.

ConstantineXI on March 5, 2014 at 7:51 PM

Look past this fool and the work that will be needed by all of U.S. to fix what he and the loon commie nut job leftey Democrats have done to the U.S..

APACHEWHOKNOWS on March 5, 2014 at 7:51 PM

Look past this fool and the work that will be needed by all of U.S. to fix what he and the loon commie nut job leftey Democrats have done to the U.S..

APACHEWHOKNOWS on March 5, 2014 at 7:51 PM

He’s done a generation’s worth of damage.

ConstantineXI on March 5, 2014 at 7:51 PM

I think many separate out from POTUS the dog eater.

Bmore on March 5, 2014 at 7:43 PM

I hope so..But he is starting to wear on folks..Like I said..I just hope we can keep the dignity of the office of POTUS intact after Team Obie has gone..:)

Dire Straits on March 5, 2014 at 7:52 PM

Dire Straits on March 5, 2014 at 7:49 PM

Good eeevening? Are you Dustin Siggins?

Lanceman on March 5, 2014 at 7:53 PM

The more he destroys respect for government the better.

ConstantineXI on March 5, 2014 at 7:51 PM

I hope we as a nation never lose respect for the office of POTUS..:)

Dire Straits on March 5, 2014 at 7:54 PM

The die is cast folks[I really hate that that term because Jugears uses it all the time,he thinks it makes him sound like one of the folks]. The system as our founding fathers designed it and has been broken for a long time, so here we are. Change will not come through the system. It is going to take a seminal quake of some sort and it better happen quickly before our military is completely turned into the brownshirts The tipping point has been crossed and it is going to take force to move it back,,,,,,that is my honest opinion on that. My heart cries for my country.

retiredeagle on March 5, 2014 at 7:56 PM

************ STUPID JACK*SS ****************************!!

canopfor on March 5, 2014 at 7:58 PM

Lanceman on March 5, 2014 at 7:53 PM

LoLlz..NO..Dustin is a very good blogger..I enjoy his blog posts very much..I am just a “normal” person that likes beer..:)

Dire Straits on March 5, 2014 at 7:59 PM

The shale boom has happened entirely incidentally to the Obama administration’s policies,

Incidentally??? Bull! The word you’re looking for here is despite.

Happy Nomad on March 5, 2014 at 7:59 PM

************ STUPID JACK*SS ****************************!!

canopfor on March 5, 2014 at 7:58 PM

Wow!..Tell us how you really feel friend!!..:):)

PS..Good evening..:)

Dire Straits on March 5, 2014 at 8:00 PM

I hope we as a nation never lose respect for the office of POTUS..:)

Dire Straits on March 5, 2014 at 7:54 PM

Why should I have any special respect for a President? He’s no better a man than me, and in most cases WORSE!

ConstantineXI on March 5, 2014 at 8:00 PM

I hope we as a nation never lose respect for the office of POTUS..:)

Dire Straits on March 5, 2014 at 7:54 PM

Hey, it isn’t as if he made an important foreign policy speech standing atop an alphabet rug.

Happy Nomad on March 5, 2014 at 8:00 PM

Cloward Piven straight up.

Anybody even have a smidgen of doubt anymore?

wolly4321 on March 5, 2014 at 8:02 PM

LoLlz..NO..Dustin is a very good blogger..I enjoy his blog posts very much..I am just a “normal” person that likes beer..:)

Dire Straits on March 5, 2014 at 7:59 PM

You’re just the only one I can think of with those initials.

And come to think of it, has anyone seen dusty lately?

Lanceman on March 5, 2014 at 8:02 PM

ConstantineXI on March 5, 2014 at 8:00 PM

It is about the “Office” of the POTUS..Leader of the free world NOT be reduced to some 3rd rate SNL skit..:)

Dire Straits on March 5, 2014 at 8:05 PM

Cloward Piven straight up.

Anybody even have a smidgen of doubt anymore?

wolly4321 on March 5, 2014 at 8:02 PM

I was 100% certain in 2007. I warned everyone I knew. Lost quite a few friends and acquaintances during the Obama Regime.

Murphy9 on March 5, 2014 at 8:06 PM

Lanceman on March 5, 2014 at 8:02 PM

lolz..Dustin has done a very good body of work across the Blogosphere..:)

Dire Straits on March 5, 2014 at 8:08 PM

lolz..Dustin has done a very good body of work across the Blogosphere..:)

Dire Straits on March 5, 2014 at 8:08 PM

Never heard of him until recently.

Lanceman on March 5, 2014 at 8:10 PM

AP Politics ‏@AP_Politics 29m

At a glance: Agency-by-agency summary of Obama budget for fiscal 2015, beginning next Oct. 1. http://apne.ws/1jOUqJW
===============================================

Agency-by-agency summary of Obama budget
By The Associated Press
— Mar. 4, 2014 1:16 PM EST
**************************

Here is an agency-by-agency summary of President Barack Obama’s proposed budget for fiscal 2015, beginning next Oct. 1.

The top-line figures do not include spending on automatic benefit and subsidy programs that together account for 70 percent of government spending. Figures for many of those programs were not provided by the White House Office of Management and Budget.

The top-line figures for each agency also omit the $55.4 billion “opportunity” initiative Obama would divide equally between domestic and military programs. An agency-by-agency accounting of that proposed spending was not included in the White House budget documents.

Agency: Agriculture

Discretionary spending: $22.2 billion

Percentage change from 2014: 7.9 percent decrease
=================================================

Agency: Commerce

Discretionary spending: $8.8 billion

Percentage change from 2014: 6 percent increase
=================================================

Agency: Education

Discretionary spending: $68.6 billion

Percentage change from 2014: 1.9 percent increase
=================================================

Agency: Energy

Discretionary spending: $27.9 billon

Percentage change from 2014: 2.6 percent increase
=================================================

Agency: Environmental Protection Agency

Discretionary spending: $7.9 billion

Percentage change from 2014: 3.7 percent decrease
=================================================

Agency: Health and Human Services

Discretionary spending: $73.7 billion

Percentage change from 2014: 7.6 percent decrease
==================================================

Agency: Homeland Security

Discretionary spending: $38.2 billion

Percentage change from 2014: 2.8 percent decrease
=================================================

Agency: Justice

Discretionary spending: $27.4 billion

Percentage change from 2014: 0.7 percent increase
==================================================

Agency: NASA

Discretionary spending: $17.5 billion.

Percentage change from 2014: 0.6 percent decrease.
==================================================

Agency: State and U.S. Agency for International Development

Discretionary spending: $42.6 billion

Percentage change from 2014: 0.2 percent decrease
==================================================

Agency: Transportation

Discretionary spending: $14 billion

Percentage change from 2014: 2.2 percent increase
=================================================

http://bigstory.ap.org/article/agency-agency-summary-obama-budget

canopfor on March 4, 2014 at 1:35 PM

canopfor on March 5, 2014 at 8:13 PM

canopfor on March 5, 2014 at 7:58 PM

Wow!..Tell us how you really feel friend!!..:):)

PS..Good evening..:)

Dire Straits on March 5, 2014 at 8:00 PM

Dire Straits:

Lol,….spit’n/frothing at the mouth,….with Hopey the Moronic
year five, or six,..who the boink cares,… and……and……:)
(sarc)

canopfor on March 5, 2014 at 8:16 PM

O’ is merely carrying out the plans fostered during the whole of his life. He does hate America and his plans to ‘change’ (destroy) it is right out of his bible, as written by Alinsky. Concomitantly, he is putting Cloward and Piven on steroids. He MUST make the destruction of the country too far gone to recover by the time he’s done. His minions in the bureaucracy and the educationalist (indoctrinationist) system are the catalysts, along with the useful idiots in Congress and the judicial system.

vnvet on March 5, 2014 at 8:17 PM

canopfor on March 5, 2014 at 8:13 PM

Pffft! Pocket change.

Lanceman on March 5, 2014 at 8:20 PM

Lanceman on March 5, 2014 at 8:10 PM

I think he started posting at HA in the old green room..:)

Dire Straits on March 5, 2014 at 8:22 PM

I think he started posting at HA in the old green room..:)

Dire Straits on March 5, 2014 at 8:22 PM

Yeah, come to think of it. Along with Portnoy. I miss Doctorb Zero’s stuff here.

Lanceman on March 5, 2014 at 8:27 PM

What we really need is a gasbag tax. Make Obama pay $100 a word to the Federal Treasury for his speeches. When he runs out of money, we won’t have to listen to him anymore.

Steve Z on March 5, 2014 at 8:33 PM

AP Politics ‏@AP_Politics 3h

GOP pans Obama’s $3.9T budget as campaign warm-up, by @asfram http://apne.ws/1gSpSUU
==========

GOP pans Obama’s $3.9T budget as campaign warm-up
By ALAN FRAM
— Mar. 5, 2014 4:30 PM EST
**************************

WASHINGTON (AP) — Republicans are dismissing President Barack Obama’s new $3.9 trillion budget as nothing more than a Democratic manifesto for this fall’s congressional campaigns, but the fiscal plan is taking hits from another quarter too — anti-deficit groups.

Obama on Tuesday sent lawmakers a 2015 budget top-heavy with provisions that have little chance of becoming law. They included $1 trillion in tax increases — mostly on the rich and corporations — and a collection of populist but mostly modest spending boosts for consumer protection, climate change research and improved technology in schools.
(More….)
===========

http://bigstory.ap.org/article/gop-deficit-hawks-pan-obamas-39t-budget

canopfor on March 5, 2014 at 8:33 PM

Dire Straits on March 5, 2014 at 7:30 PM

Too late buddy, too late…

OmahaConservative on March 5, 2014 at 7:33 PM

OC: Tru dats,…that Titanic has smacked into enough ICeBergs!!

canopfor on March 5, 2014 at 8:36 PM

Speaking of POTUS,..who’s at a Dinner FundRaiser Lootery:

2014 US elections
4m
President Obama, at Democratic National Committee fundraiser in Boston, warns Democrats could get ‘walloped’ again in midterm elections if there is low Democratic turnout – @joshledermanAP
=============================================

Mark Knoller ‏@markknoller 7m

In the midterms, Democrats too often don’t vote…don’t think its sexy…people tune out, complains Pres Obama to donors paying $5K-$20K.
=======================================================================

Mark Knoller ‏@markknoller 9m

At Dem fundraiser in Boston, Pres Obama again laments lack of grassroots enthusiasm during midterm election years.
Expand

canopfor on March 5, 2014 at 8:41 PM

Lanceman on March 5, 2014 at 8:27 PM

J. E. Dyer was another very good green room blogger..There are some very good writers that used to post in the old green room..:)

Dire Straits on March 5, 2014 at 8:47 PM

Think what we could do if we controlled the House of Representatives.

GaltBlvnAtty on March 5, 2014 at 8:47 PM

canopfor on March 5, 2014 at 8:36 PM

You maybe right..:)

Dire Straits on March 5, 2014 at 8:55 PM

little more than a “populist wish list” that doesn’t even try to look serious about addressing our runaway entitlement spending or ballooning national debt

Not SERIOUS? The Obamassiah? The Chosen One? The President most exalted by the NYT?

RACIST!

GarandFan on March 5, 2014 at 9:04 PM

Your post makes a lot of sense..I hope a lot more folks will start questioning Team Obie..There are not a lot of “bright bulbs” in the Obie Administration..If any at all..:(

Dire Straits on March 5, 2014 at 7:49 PM

That’s where you couldn’t be more wrong. These people are brilliant. They just happen to be socialists.

Spliff Menendez on March 5, 2014 at 9:43 PM

J. E. Dyer was another very good green room blogger..There are some very good writers that used to post in the old green room..:)

Dire Straits on March 5, 2014 at 8:47 PM

That was a lady!

Lanceman on March 5, 2014 at 9:48 PM

Spliff Menendez on March 5, 2014 at 9:43 PM

You may have a point..:)

Dire Straits on March 5, 2014 at 9:48 PM

That was a lady!

Lanceman on March 5, 2014 at 9:48 PM

Yes she is..A very smart lady indeed!..:)

Dire Straits on March 5, 2014 at 9:48 PM

Classic Obama: FY2015 budget would hike taxes by $100 billion on the one industry that’s thriving

Saw that and I thought it was either prostitution or pornography.

Well, I guess shale oil is good for Beijing.

Dr. ZhivBlago on March 5, 2014 at 10:09 PM

Wow! This new budget using Common Core Math is awesome!…./

tanked59 on March 5, 2014 at 10:24 PM

That’s where you couldn’t be more wrong. These people are brilliant. They just happen to be socialists.

Spliff Menendez on March 5, 2014 at 9:43 PM

That’s where you couldn’t be more wrong. These people are brilliant. They just happen to be National Socialists.
FIFY

III

Sgt Stryker on March 5, 2014 at 11:02 PM

I am now absolutely certain that Obama has read Atlas Shrugged….

…and thought it was an instruction manual.

Random Numbers (Brian Epps) on March 5, 2014 at 11:56 PM

Congress is very comfortable by doing nothing about the rape of this Country. They have over 23,000 appointed staff that do the grunt work that they credit themselves doing. No wonder Nancy said we have to pass this Bill to find out what’s in it. I wonder if America will last another three years.

mixplix on March 6, 2014 at 8:19 AM

It only makes sense when you realize Democrats want to hold America back. Their PR staff talks a big game, but the results speak for themselves.

JeremiahJohnson on March 5, 2014 at 7:28 PM

We should be calling them “Regressives” every chance we get.

dominigan on March 6, 2014 at 10:20 AM