Comments on: Obama’s real fiscal problem

By: OxyCon

OxyCon — Fri, 30 Nov 2012 22:49:32 +0000

Why is it that Obama always begins his terms in office with some cataclysmic even that can only be solved by giving him trillions in tax dollars which he can then spend as he sees fit?

By: DeathtotheSwiss

DeathtotheSwiss — Fri, 30 Nov 2012 22:20:14 +0000

We're going to know for sure come January what the "real Obama" looks like.

By: ShainS

ShainS — Fri, 30 Nov 2012 21:03:07 +0000

Obama’s real fiscal problem

Redistributionist Ideology justifies — nay requires — Economic Destruction.

By: RadClown

RadClown — Fri, 30 Nov 2012 20:33:06 +0000

Without 3%-4% growth, Mr. Obama will never get middle-class incomes back to what they were even in 2007.

That's the last thing he wants. Higher incomes would mean more independence and a stronger private sector. That's not how you grow government power and control. It also wouldn't be 'fair' to the rest of the world. “We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that every other country is going to say, ‘OK.’” - BHO, 2008

By: UltimateBob

UltimateBob — Fri, 30 Nov 2012 20:25:47 +0000

Meh. Who cares what the WSJ has to say, I want to hear Paul Krugman’s solutions.

By: JeremiahJohnson

JeremiahJohnson — Fri, 30 Nov 2012 20:14:23 +0000

Why would President Obama care? Anytime anything bad happens, it’s blamed on someone else before he even has to open his mouth. The most stressful thing he’ll deal with in the next six months is how to fill out his NCAA bracket for his next ESPN special.

By: rsherwd65

rsherwd65 — Fri, 30 Nov 2012 20:11:15 +0000

The only pro-growth policies Obamasite has are:

1. Grow unemployment
2. Grow the number of citizens on government assistance
3. Grow the number of citizens paying higher taxes
4. Grow government

I am sure there are other “growth” areas I am not considering.

By: WisRich

WisRich — Fri, 30 Nov 2012 20:03:06 +0000

Without faster growth, he’ll be forced to choose between cutting entitlements, raising taxes again, or facing a debt crisis that may not wait until 2016.

Nope. Has gotten away with for four years. He’ll do it for another four.

The FED will make sure there’s not another debt crisis. Helicopter Ben to the rescue.

By: Schadenfreude

Schadenfreude — Fri, 30 Nov 2012 20:00:03 +0000

But if we may offer the President some friendly advice, his real challenge in a second term isn’t the Republicans. He’s beaten them like the Washington Wizards. … It’s his economic growth deficit. …

Fools, the premise is wrong. He wants NO growth. He wants to destroy the middle class. Period. Open your eyes, fools at all levels.

By: Doughboy

Doughboy — Fri, 30 Nov 2012 19:57:31 +0000

Without faster growth, he’ll be forced to choose between cutting entitlements, raising taxes again, or facing a debt crisis that may not wait until 2016.

Aren’t we already there?