Saturday, February 21, 2009

How NOT to fix the economy

Obama has announced that he intends to continue his pattern of doing exactly the wrong thing in response to every problematic situation. The target this time? The budget. He plans to cut the deficit in half over the next four years, an idea which I would, in principle, be solidly behind. But, alas, even here I cannot support Dear Leader. He will cut the deficit by raising taxes on "the rich" and business and cutting defense expenditures. Now that's sure to create jobs! For terrorists.....

President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on business and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

In addition to tackling a deficit swollen by the $787 billion stimulus package and other efforts to ease the nation's economic crisis, the budget blueprint will press aggressively for progress on the domestic agenda Obama outlined during the presidential campaign. This would include key changes to environmental policies and a major expansion of health coverage that Obama hopes to enact later this year.

Just fabulous. Not only will we lose the war and kill jobs, we will also destroy the health care industry and further annihilate our economy with a bunch of bogus global warming crap. It's difficult to imagine anyone finding a way to be more wrong in their approach to running a country. This guy is going to completely destroy this nation.

The Washington Post has a lot more details, if you can stomach them, here.

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