Following the State of the UNion Address, a poll was taken of CBS and CNN listeners: 92% and 84% approval respectively. MSNBC, Jimmy Carter, Chris Matthews, and North Korea also approved. PP just got out of Dodge on Wednesday AM before the CBO dropped a huge bomb or was it a "sputnik monent"? Does a "Sputnik Moment" supersede a "Teaching Moment" or do they have equal value? Do I really need to know? Anyhow the 2011 deficit is now projected to be $1.5 T or 9.8% of GDP and its only January. Most all of PP's "investments/ sputnick moments" of which he subliminally spoke thereof, are just spending projects and add to the 2011 deficit and national debt. To get the deficit and certainly the debt to a manageable levels, PP and Co. may have to entertain the Weimar Republic option and that ain't a Hail Mary pass.
PP is delusional and don't have a clue what real spending cuts are! Freezing all discretionary budgets for five years netted but $400 B in 10 years is laughful. The WH has to get serious and start looking at cutting SS, Medicare, Medicaid, military, union pensions up and down the line. The WH will have to leave a phone message to tell the 46 States who are in financial trouble, to get lost.
C-TP-R must keep their powder dry in the early encounters and let the WH lead or we will have the cart in front of the horse as in '96.
Thursday, January 27, 2011
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