It is well-known that Barack “The Change We’ve Been Waiting For” Obama is a “historic” figure, and I’ve told you many times, whenever liberals start touting the benefits of a political figure using that adjective, you should hang on to your wallet and run in the opposite direction. (See also the first welfare cheat in the U.S. Senate, Carol Moseley Braun.)
From Red Alert Politics:
The White House must be jumping for joy now that it’s the first administration in history to propose spending more than $4 trillion in a single fiscal year!
According to the Office of Management and Budget (OMB), Obama’s fiscal year 2014 budget proposal projects that the federal government will spend a whopping $4.1 trillion in fiscal year 2016. And if you think that’s bad, federal spending will increase by another $2 billion in fiscal year 2017.
By our calculations, the president could buy himself at least 42 billion new sets of golf clubs with that much money!
Annual spending, however, isn’t the only record that Obama is breaking with his proposed budget. His administration is expected to collect more than $2.7 trillion in taxes this year – breaking the previous record of $2.5 trillion set under President Bush in 2007.
Remember when Sen. Obama berated George W. Bush as “unpatriotic” for adding $5 trillion over eight years? Yes, that was right before he overspent Pres. Bush in half the time. Please note those numbers we are taking in more tax revenue than ever, and it’s still not enough to satisfy Obama’s insatiable appetite for your cash.
Currently, Obama is engaging in another ridiculous charade designed to position him as the moderate, reasonable adult in room full of squabbling brats who refuse to compromise. At the risk of sounding as if I have fallen prey to that corrosive cynicism that I always deplore, let me suggest that all this feigned outrage on the part of Left over Obama’s supposed earth-shattering, dramatic, Nixon-goes-to-China willingness to “cut” Social Security by offering to change the formula for cost of living increases is being ginned up sub rosa by the Obama apparatchiks themselves. The goal is to enable them to say “Look, look. AARP is screaming for Obama’s head! Look how he’s wiling to antagonize his own supporters. He’s compromising, but those unreasonable, extremist right-wingers won’t!” The reality is that no matter how many straw men Obama battles, the “chain CPI” that you keep hearing about, and that 99% of people couldn’t explain at gunpoint, is a much more reasonable way of computing cost-of-living increases because it reflects reality, something that the One’s budget does not.