Obama Endorses Deficit Task Force

Discussion in 'The Fire For Effect and Totally Politically Incorr' started by 22WRF, Jan 24, 2010.

  1. 22WRF

    22WRF Well-Known Member

    May 10, 2004
    Updated January 23, 2010
    Obama Endorses Deficit Task Force


    The general belief is that the task force idea will fail since many Republicans oppose the plan as a recipe for tax increases, while Democrats worry it'll lead to cuts to Medicare and Social Security benefits.

    WASHINGTON -- President Barack Obama Saturday endorsed a bipartisan plan to name a special task force charged with coming up with a plan to curb the spiraling budget deficit, though the idea has lots of opposition from both his allies and rivals on Capitol Hill.

    All the stupid SOB needs to do is look in the mirror
  2. zkovach

    zkovach Well-Known Member

    Oct 7, 2009
    I bet they will come up with this... We need to spend more to reduce the deficit. Just a guess.

  3. Eddie N

    Eddie N New Member

    Apr 23, 2009
    I have the answer! They can send me the money and I'll tell them how to fix it!
  4. hogger129

    hogger129 Well-Known Member

    Nov 29, 2009
    Won't they create more of a deficit when they have to pay for this "deficit task force?"

    But hey, that's okay. It's not like our tax money is paying them. (shakes head).

    Don't any of these clowns think that they could reduce spending on things to fix the deficit? How did this guy ever win election? I mean honestly? His whole administration is a joke. But hey what do I know? I'm just a 23-yr-old blue-collar kid who has no college education or political background.
    Last edited: Jan 24, 2010
  5. :rolleyes::rolleyes:

  6. cycloneman

    cycloneman Well-Known Member

    Dec 16, 2008
    This is just an attempt to show someone i dont know who that the adminstration is working on the problem. Not that they want to fix anything for real. This is like wrapping the turd in another wrapper. The Negro knows what he is doing and doesnt really give a darn about fixing anything.
  7. obxned

    obxned Active Member

    Mar 4, 2007
    More smoke and mirrors.
  8. Terry_P

    Terry_P New Member

    Mar 23, 2008
    They will be quite busy trying to figure out how many ways they can increase taxes. Soaking the rich of course, those rich people that actually have a job.
  9. Eddie N

    Eddie N New Member

    Apr 23, 2009
    I have a job. That must mean I'm rich!:rolleyes:
  10. artabr

    artabr New Member

    The Dems will cut spending .................................


  11. artabr

    artabr New Member

    Wait, it gets better. According to Politico, this so called "task farce" will not begin until after the November elections. :rolleyes: :D :D :D

    Quoting Politico:

    "Trying to win the votes of fiscal moderates, President Barack Obama formally endorsed legislation Saturday creating an independent commission with the power to force Congress to vote on major deficit reduction steps this year, after the November elections"

    Read more: http://www.politico.com/news/stories/0110/31899.html#ixzz0dbYZxesD

    Last edited: Jan 25, 2010
  12. Oldeyes

    Oldeyes Active Member

    Oct 13, 2006
    One of the populist Conservative takes that I have heard expressed on Obama's endorsement of a bi-partisan deficit task force is that now that the Democrats have unilaterally given away the financial farm that they wish to bring in the Republicans in via the task force to add their implicit endorsement to the fiscal blame line. Their hope is that that will make the Republicans look as if they were in on the whole thing. Pretty slick business really.
  13. PPK 32

    PPK 32 Active Member

    Apr 15, 2008
    Frickin, Illinois
    Last edited: Jan 26, 2010
  14. Helix_FR

    Helix_FR Active Member

    Apr 14, 2009
    Imperial, MO
    He's creating this task force so he can tell them to direct the blame away from him. It also signifies to me that he still has no idea what he is doing. If you can't fix a problem, throw money at it. If you can't figure the problem out for yourself b/c of lack of experience, make a task force. I don't remember who said it and from were but the comment was "If you want to see how experienced someone is at what they do, see how many task forces they make in their first year at doing what they do". Right now he's up to like 24 or 25.
  15. Terry_P

    Terry_P New Member

    Mar 23, 2008
    Obama is going to propose a spending freeze for all non-military, Social Security or Medicare for the next three years. Sounds great, right? Well what it doesn't say is that spending increased 24% already so it amounts to an 8% annual increase. Hows that sound for everyone would you take a 24% pay increase and nothing more for 3 years? Also what isn't mentioned is it doesn't apply to unspent stimulus money or money that banks pay back from the TARP loans. Those two should amount to 3/4 of a trillion dollars. How much does the spending freeze account for $250 billion or 1/4 of a trillion dollars. Smoke and mirrors and more Obozo BS. We need a task force alright one to balance the budget and start reducing the National Debt now at $12,300,000,000,000. That amounts to $55,900 for every man, woman and child in this country. Can you imagine someone borrowing $56 from you and treating you like the gov't treats us, much less $56,000.
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