Oh, and in case anyone's looking for a last-minute birthday gift...look no further!
:)
Sunset or Sunrise on Liberty?
By Mark Alexander · Thursday, May 12, 2011
The Current Crisis and the Opportunity of a New Dawn for Liberty
"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of his country; but he that stands it now, deserves the love and thanks of man and woman." --Thomas PaineA few decades ago, one of the national service opportunities I pursued required a battery of examinations including a comprehensive personality profile. After three days of psychological tests, a career profiler compiled my assessment. In a later interview with said profiler, he looked at me and declared with candor, "You are crazy!"
That decree got no rise out of me. I have received that appraisal numerous times, but he did put a fresh perspective on it. He continued, "Not crazy in the pathological sense, but crazy in that you are one of very few people I have profiled who actually thrives in the midst of crisis and conflict." Apparently, most "normal people" try to avoid crisis and conflict. He labeled my folder, "Warrior."
In light of this assessment and its outcome, my penchant for what Sam Adams called "the animated contest for freedom," I offer the following opinion about the future of American Liberty.
On occasion I have been critical of Barack Hussein Obama, a phony "community organizer" con man, who, with the help of his Leftist puppeteers, masterfully duped 69 million Americans into giving him the most expensive public housing and benefits in the nation.
I am most critical of this charlatan's political endeavor to demolish free enterprise with a debt bomb, and from the economic rubble, resurrect a transformed USSA subject to tyrannical rule under the oppression of Democratic Socialism.Obama built his presidential campaign around the "change" theme: "This is our moment, this is our time to turn the page on the policies of the past, to offer a new direction. We are fundamentally transforming the United States of America."
His former White House Chief of Staff Rahm Emanuel said infamously, "Never allow a crisis to go to waste," which was the basis for Obama's assertion, "this painful [economic] crisis provides us with an opportunity to transform our economy to improve the lives of ordinary people."
By no means will the full implementation of Democratic Socialism "improve the lives of ordinary people." As I have noted previously, Democratic Socialism, like Nationalist Socialism, is nothing more than Marxist Socialism repackaged. Likewise, it seeks a centrally planned economy directed by a single-party state that controls economic production by way of regulation and income redistribution.
The success of Democrat Socialism depends upon supplanting Essential Liberty -- the rights "endowed by our Creator" -- primarily by refuting such endowment.
Indeed, Obama's mission is transformation, and economic crisis is the horse he rode in on. It can also be the horse that he and his socialist cadre are chased out on.
Truth be told, I want to "fundamentally transform" what our nation has become after years of incremental encroachment upon Rule of Law by socialist predators, the most brazen offender in history being Obama. Indeed, I do not want the current economic "crisis to go to waste," and see it as a great opportunity to "change" our economy in such a way as to improve the lives of all Americans.
Of course, the opportunity I see in the current crisis is diametrically opposed to that which Obama and his Leftist cadres envision. I see a new dawn for Liberty on the horizon.
For all Patriots, steadfast in our devotion to Freedom, the sun is rising on one of two options to preserve the legacy of Liberty for this and future generations. The first and more desirable option is the transformational restoration of constitutional Rule of Law and the second is the transformational reformation of government, in fulfillment of Thomas Jefferson's contention, "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."
The current economic crisis, which manifested in 2006 with the surprisingly ubiquitous collapse in real estate values and subsequent banking crisis, poses an ominous threat to Liberty. The Obama administration used the cover of this crisis to implement its so-called "stimulus plan," which primarily stimulated the growth of central government at an enormous cost.
The result was accelerated accumulation of crushing national debt, now approaching $15 trillion, which has placed our economy on a collision course with catastrophic collapse, short of bold intervention.
The economic indicators foretelling that collision abound.
The Commerce Department reports that the American economy grew at an annualized rate of 1.8 percent in the first quarter of 2011. (You might have missed that report amid all the political campaigning over OBL's demise.)
Home values fell three percent in the first quarter and it is estimated that more than 28 percent of homeowners now owe more than the value of their property.
Energy and commodity costs are highly volatile, in large measure due to abysmal domestic economic and energy policies plus weak foreign policy. One way to devalue outstanding debt is inflation, and there are plenty of indicators that inflation is underway.
Imports are up and exports are down. The International Monetary Fund estimates that China's economy will surpass ours by 2016.
Unemployment inched back up to 9 percent last month, but the "real" unemployment rate, those who have given up the search and part-time workers seeking full-time employment, is almost 16 percent.
More Americans are dependent upon government assistance payouts than ever before. More than 18 percent of total personal income was redistributed in the form of "government benefits." Almost one in seven households receive Supplemental Nutrition Assistance (food stamps).
The declining status of the U.S. dollar as the world's safest fiat currency is a metaphor for the decline of our standing as the world's beacon of liberty, the decline of "American exceptionalism."
Having a good recollection of the Carter administration, I invoke Yogi Berra's sentiment, "It is like déjà vu all over again."
Despite the considerable barriers these indicators pose to economic recovery, there is still time for a transformational restoration of constitutional Rule of Law and the consequential rescaling of our central government to comport with the limits placed upon it by our Constitution. But as noted above, that will require bold intervention, and it will require that a majority of the members of Congress honor and abide by their oath of office.
At present, there are outstanding plans on the table to put prosperity over poverty, including the Republican Study Committee Budget for FY 2012 and Heritage Foundation's comprehensive plan to restore prosperity.
House and Senate leaders are stepping out with bolder propositions to cut government spending. As a prerequisite to raising the national debt ceiling to avoid default, Speaker John Boehner has drawn the line, and may even hold it: "Without significant spending cuts and reforms to reduce our debt, there will be no debt limit increase, and the cuts should be greater than the accompanying increase in debt authority the president is given. We should be talking about cuts of trillions, not just billions."
Conservative Senate leaders are calling for a Balanced Budget Amendment as a condition to any agreement on increasing the national debt limit.
Of course, Obama, the consummate socialist, trotted out the class warfare card in response: "Their vision is less about reducing the deficit than it is about changing the basic social compact in America, [pitting] children with autism or Down's syndrome against every millionaire and billionaire in our society."
Then, in his fatuous display of faux bipartisan, Obama insisted the budget talks must "start by being honest about what's causing our deficit."
Apparently, Obama thinks the budget deficit is caused by a lack of government spending and regulation, as he is proposing a lot more of both.
So, given the current crisis and the long odds against the restoration of Rule of Law, would you concede that this portends a Sunset or Sunrise on Liberty?
Call me crazy -- that profiler certainly did -- but I clearly see a new dawn for Liberty, whether it be transformational restoration of constitutional Rule of Law or the transformational reformation of government. Count me in for either option.
I believe, as did my mentor, President Ronald Reagan: "America's best days are yet to come. Our proudest moments are yet to be. Our most glorious achievements are just ahead."
But I also know, as did he, that "Freedom is never more than one generation away from extinction. We didn't pass it on to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States when men were free."
That extinction will arrive only if we "shrink from the service of our country," so as Paine also said, "If there must be trouble, let it be in my day, that my child may have peace."
As if Congress had nothing more important to do, ABC News brings us word that Congress will hold hearings on the use of the code name Geronimo as a reference to Osama Bin Laden.
"The hearing was scheduled well before the Osama bin Laden operation became news, but the concerns over the linking of the name of Geronimo, one of the greatest Native American heroes, with the most hated enemies of the United States is an example of the kinds of issues we intended to address at Thursday's hearing," Loretta Tuell, the committee's chief counsel, said in a statement.
"These inappropriate uses of Native American icons and cultures are prevalent throughout our society, and the impacts to Native and non-Native children are devastating," Tuell said. "We intend to open the forum to talk about them."
Some of you are wondering if we can send SEAL Team 6 to Congress. I would never wonder that. I just wonder how exactly Congress ever hopes to improve its dazzling popularity rating when it plays on the hypersensitive humorlessness of lefties race warriors.
A new national alert system is set to begin in New York City that will alert the public to emergencies via cell phones.
Presidential and local emergency messages as well as Amber Alerts would appear on cell phones equipped with special chips and software.
The Federal Communications Commission and the Federal Emergency Management Agency said the system would also warn about terrorist attacks and natural disasters.
Verizon and AT&T, the nation's largest cell phone carriers, are already on board. Consumers would be able to opt out of all but those presidential messages.
For now, the system is capable on certain high-end cell phones but starting next year, all cell phones will be required to have the chip that receives alerts.
By the end of the year, the new system will be in place in New York City and Washington and in cities around the country by the end of 2012.
Hot Air also throws in this bit of trivia:The economy added 244,000 jobs but the unemployment rate went up to 9 percent. Is this a political problem for President Obama — as the economy improves, more enter the workforce and the unemployment rate looks horrible?
It’s actually even worse than it looks. The unemployment rate went up because of a divergence of the surveys, not an increase in the number of people looking for jobs. In the household survey, which determines the unemployment rate, we lost 190,000 jobs in April, and only 15,000 new people entered the workforce. Hopefully, the two?????? surveys will both indicate robust job growth soon, but not this month.
What was the highest unemployment rate, post-Great Depression, for which an incumbent President won re-election? 7.2% in 1984.If there was any recovery going on -- personally I don't believe there was -- this is a sign of that recovery slowing down. This is why the Obama administration is desperate to get the economy off the front pages as often as possible. The more people are thinking about the economy, the less likely Obama (and many other Dems with him) will get re-elected.
Among other things, CBO suggested that a vehicle miles traveled (VMT) tax could be tracked by installing electronic equipment on each car to determine how many miles were driven; payment could take place electronically at filling stations.And you thought driving was expensive now, and that government was already too intrusive...just wait, it gets better!
Mm-hmmm. But we've heard all this before, the last time being just a few weeks ago when the GOP swore they'd settle for nothing less than $100 billion cut out of the budget...right before settling for about $350 million cut out of the budget. Am I the only one skeptical of their ability/will to see this tough talk through? If they did, it would be a major surprise, albeit a welcome one.How much room will Boehner have in negotiating [on the coming debt ceiling debate]? Declaring himself “a regular guy with a big job,” Boehner declares tax hikes “off the table.” Lauer tries offering a misleading statistic to force Boehner to defend the Bush tax cuts, using unemployment numbers from June 2001 and comparing them to today’s rates. The tax cuts to which Democrats object passed in 2003, not 2001 (which lowered the top rate to its current 35% and reduced capital-gains tax rates), and unemployment at the time had gone into the 6% range. It resulted in an explosion of job growth that only ended in 2008 with the housing bubble’s collapse.
Boehner has declared tax hikes “off the table,” but says everything else will be up for discussion — everything else necessarily being spending cuts, especially in entitlements.
See, I got a question real quickly for those of you who are a little worried (maybe, oh, paranoid) that the Osama Bin Laden kill operation will give Obama a bump in the polls. Ceremony question: Were Obama's poll numbers falling -- were they, in fact, in freefall -- because he had not gotten Osama? No. They were in freefall for purely domestic, primarily economic reasons. Have circumstances changed in that regard? No. ...And in the meantime, while the media and the White House are trumpeting Obama's gutsiness and heroism in single-handedly taking out Osama bin Laden, the economy continues to tank. More on that coming soon...
Now, get this. This is quite telling. Washington Post Pew poll out now that says Obama has had his approval for the way he handled terrorism boosted to an all-time high of 69%. Washington Post Pew poll, Obama, all-time high in approval of how he handles terrorism, 69%. ... Weirdly, though, on the economy, Obama still sits at 40% approval, a career low. How is that possible? It's because you can't put Osama Bin Laden's blood in your gas tank. It's because you can't take Osama Bin Laden's turban to Walmart and exchange it for a box of crispies. ... the point is we come together on issues we all agree on. But we are not unifying around liberalism here, folks. We are not unifying around Obama.
Every narcissist's dream is to have the world agree with them and adore them but that's not our dream here, that's not what this unity is all about. No, the American dream concerns our families, our life goals, jobs, homes, those that still have them, our disposable income, those that still have that, and the liberty, those that still have that. I mean there's really nothing to leverage here. The celebration over Osama's assassination isn't transferable to a domestic political agenda. But they're trying. You see, the American people know what to celebrate. We did that. We know what not to celebrate, too. And that's liberalism. We don't do that no matter how it's positioned. And asking us to set aside our principles as a means of showing unity is absurd. Transparently absurd, but that's what they're doing.

Let's cheerfully and ungrudgingly give credit to Barack Obama for approving the military operation that resulted in the death of Osama bin Laden.
In my Washington Examiner column last Sunday I criticized Obama's foreign policy, which was characterized by one of his advisers in an interview with the New Yorker's Ryan Lizza as "lead from behind." That criticism still stands.
But in tracking down and nailing bin Laden, Obama led from behind the right way -- behind the scenes he made a right but risky decision, without any leaks to the press, to achieve an objective sought by two presidents and thousands in the American government and military since Sept. 11, 2001.
The decision was risky because the operation could have failed, like Jimmy Carter's Desert One operation to rescue American hostages in Iran failed in April 1980.
But this time, even though one helicopter was lost, the operation succeeded. There was evidently a lot of redundancy in the plan and a lot of flexibility on the ground. A lot of good people did a lot of good things right.
While we may not know all the details about and behind this operation, it's fascinating to see how many of the things that made the success of this operation possible were not so long ago decried by many of the president's fans and fellow partisans.
For one thing, it apparently would not have happened without those infamous enhanced interrogation techniques -- "torture," according to critics of the Bush administration.
The enhanced interrogation techniques reportedly led to identification of the courier who eventually led our forces to bin Laden's hiding place. Critics of waterboarding and other enhanced interrogation techniques assured us that "torture" could not produce reliable information.
They were probably right that sometimes such techniques yield false information. But the bin Laden operation shows that they can also produce actionable intelligence.
You may remember that many Democrats called for criminal prosecution of CIA interrogators who were acting under orders vetted by legal counsel. Attorney General Eric Holder actually considered bringing such prosecutions.
Fortunately he decided not to do so -- fortunately for the individuals involved but fortunately also for his own reputation. Who would want to be known for prosecuting the people who helped track down bin Laden?
It has also been reported that in hunting down bin Laden our forces relied on intercepted communications. I wonder if any of them included contacts between suspected terrorists abroad and persons in the United States.
This was the "domestic wiretapping" revealed to great acclaim by the New York Times and presented as an intolerable infringement of civil liberties. Given what we know now, it's a good thing our folks were tuning in.
Obama deserves credit also for employing the Navy SEALs who are part of the Joint Special Operations Command. It was fashionable a few years ago to call the JSOC Cheney's death squad and Cheney's assassination team.
The assumption behind such criticism was that Bush administration officials were using what they termed the war against terrorism as a smokescreen for persecuting domestic dissidents. But there is not a scrap of evidence that either the Bush administration or the Obama administration were doing anything of the kind. They were too busy trying to protect us.
There was criticism as well of the idea of targeting particular individuals for assassination. But in ordering the raid on bin Laden's compound Obama authorized the killing of bin Laden. And no Miranda warnings first.
Bin Laden's death removes the possibility of any debate about where he would be confined or tried. On this Obama has already been forced to keep the Guantanamo detention center open and Holder has had to concede that Khalid Sheikh Mohammed will not be tried in a civilian court in Manhattan.
Finally, let us note that this was a unilateral operation. Obama didn't go to the United Nations Security Council. He didn't, so far as we know, consult NATO allies. He took care not to inform the government of Pakistan, some elements of which obviously knew that bin Laden was ensconced in a house 800 meters away from Pakistan's military academy.
For years we heard supposedly enlightened people excoriate our leaders for torture, lawlessness, unilateralism -- the list goes on and on. Now the president they have wanted has used the tactics and methods they excoriated to get bin Laden. Good for him.
Your e-mail password is your last line of defense when it comes to online privacy and security; if a hacker cracks that, they could potentially reset the passwords of and gain access to your social networks, your bank account and even your identity by taking advantage of the ubiquitous "I Forgot My Password" button.
It's tempting to use the same password for all of your online accounts, but doing so renders every account vulnerable if any one of them gets hacked. But given some recent massive security breaches, now's a good time to update your passwords and make sure each is unique.
There are a few great password management programs like KeePass that will store all of your passwords in one encrypted database and allow you to access them with one master password, allowing you to carry every password you'll ever need on a single thumb drive. A multi-platform password manager with browser support like LastPass is even easier to use because it will automatically sync between different computers and browsers, letting you access your encrypted database from any device, though you sacrifice the security of keeping your password list confined to a single hard drive.
Using a password manager is a great way to improve your personal security online, but it's not perfect; the perfect password is the one you never write down, a unique string of letters, numbers and symbols that not even you know until the moment you enter it. That may be beyond our grasp, but you can get awful close by using a few simple mnemonic tricks.
One Password To Rule Them All
It's actually fairly easy to create strong, unique passwords by following a few simple rules. First, we need a password "base" with a mix of upper and lower case letters, numbers and even a symbol or two to spice things up. Pick a phrase that will be easy to remember, and feel free to be as creative as you like. For simplicity's sake I'm going to use one of my favorite dishes, chicken adobo, as our example.
Make sure your passphrase is at least eight characters and avoid obviously memorable topics like proper names, birthdays and hometowns. You should also avoid picking a single word and changing some of its characters to symbols--hacker tools are sophisticated enough to foil that trick. Go for a passphrase--multiple words strung together--rather than a password; this makes it harder for hackers working to crack your password by trying every word in the dictionary.
Now that we've picked a passphrase, we need to mash that phrase into a single string (chickenadobo), then sprinkle in a few capital letters that are simple to remember (ChickenAdobo). Next, let's pepper our password base with a few random characters to keep things interesting (Ch!cken@dob0).
Now that we have our base password, we're going to memorize and use it as a skeleton key that will unlock our account on any Website as long as we hold fast to a few simple rules. To create the strongest password possible, we're going to invent a simple naming pattern as a mnemonic device that will help us generate a unique password for every Website we visit.
For example, let's say I decided to always use the first and fourth letter of a Website's domain name in the middle of my passphrase, capitalizing the former while leaving the latter lower-case. That means my Facebook.com account would have the unique password Ch!ckenFe@dob0, while my about.me account would require the password Ch!ckenAu@dob0.
See the pattern? Make up a something similar and you'll have a unique alphanumeric password for every website you visit, one that's easy to remember but nearly impossible for hackers to figure out. No password is perfect, but knowing your own unique passphrase and a few mnemonic tricks will go a long way towards keeping your online privacy intact.
Osama bin Laden, hunted as the mastermind behind the worst terrorist attack on U.S. soil, has been killed, President Obama announced tonight.
The president called the killing of bin Laden the "most significant achievement to date" in the effort to defeat al Qaeda.
"Justice has been done," Obama said.
Long believed to be hiding in caves, bin Laden was tracked down in a costly, custom-built hideout not far from a Pakistani military academy. The stunning news of his death prompted relief and euphoria outside the White House and around the globe, yet also fears of terrorist reprisals against the United States and its allies.
"Justice has been done," President Barack Obama said in a dramatic announcement at the White House.
The military operation took mere minutes, and there were no U.S. casualties.
U.S. helicopters ferried troops from Navy SEAL Team Six, a top military counter-terrorism unit, into the compound identified by the CIA as bin Laden's hideout — and back out again in less than 40 minutes. Bin Laden was shot in the head, officials said, after he and his bodyguards resisted the assault.
Three adult males were also killed in the raid, including one of bin Laden's sons, whom officials did not name. One of bin Laden's sons, Hamza, is a senior member of al-Qaida. U.S. officials also said one woman was killed when she was used as a shield by a male combatant, and two other women were injured.
The U.S. official who disclosed the burial at sea said it would have been difficult to find a country willing to accept the remains. Obama said the remains had been handled in accordance with Islamic custom, which requires speedy burial.
Former President George W. Bush, whose entire presidency was defined by the September 11th attacks, said in a statement tonight that President Obama called him to inform him of the news of bin Laden’s death.
Bush called the operation a “momentous achievement” that “marks a victory for America, for people who seek peace around the world, and for all those who lost loved ones on September 11, 2001.”
“I congratulated him and the men and women of our military and intelligence communities who devoted their lives to this mission. They have our everlasting gratitude,” the former president said in a statement. “The fight against terror goes on, but tonight America has sent an unmistakable message: No matter how long it takes, justice will be done.”
Republican primary voters at this early stage of the game now give billionaire developer Donald Trump the edge over presumptive favorites Mitt Romney and Mike Huckabee in the race to be the GOP’s presidential nominee in 2012.
A new Rasmussen Reports national telephone survey of Likely Republican Primary Voters finds Trump with 19% support, just ahead of the former governors, Massachusetts’ Romney at 17% and Arkansas’ Huckabee with 15%.
Congress does not have a vault of money waiting to be distributed. Every dollar Congress injects into the economy must first be taxed or borrowed out of the economy. No new spending power is created. It is merely redistributed from one group of people to another.Congress cannot create new purchasing power out of thin air. If it funds new spending with taxes, it is simply redistributing existing purchasing power (while decreasing incentives to produce income and output). If Congress instead borrows the money from domestic investors, those investors will have that much less to invest or to spend in the private economy. If they borrow the money from foreigners, the balance of payments will adjust by equally raising net imports, leaving total demand and output unchanged. Every dollar Congress spends must first come from somewhere else.
Conservatives believe that the federal government should have limited powers and that—beyond providing for the common defense and enforcing contracts— government should stay out of economic affairs as much as possible. Conservatives believe most federal spending is suspect and should be cut if it has not proven to be effective (such as on programs like COPS, FEMA fire grants, and Head Start). Progressives, on the other hand, see the federal government as a giant jobs program so that any cut to any federal program, no matter how ineffective or wasteful, would be a harm to the economy.

Bar Stool EconomicsSuppose that every day ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:The first four men (the poorest) would pay nothing.The fifth would pay $1.The sixth would pay $3.The seventh would pay $7.The eighth would pay $12.The ninth would pay $18.The tenth man (the richest) would pay $59.So, that's what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. He said, "Since you are all such good customers, I'm going to reduce the cost of your daily beer by $20. Drinks for the ten now cost just $80."The group still wanted to pay their bill the way we pay our taxes, so the first four men were unaffected. They would still drink for free. But what about the other six men -- the paying customers? How could they divide the $20 windfall so that everyone would get his "fair share"? They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer. So the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay! And so:The fifth man, like the first four, now paid nothing (100% savings).The sixth now paid $2 instead of $3 (33%savings).The seventh now pay $5 instead of $7 (28%savings).The eighth now paid $9 instead of $12 (25% savings).The ninth now paid $14 instead of $18 (22% savings).The tenth now paid $49 instead of $59 (16% savings).Each of the six was better off than before, and the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings."I only got a dollar out of the $20," declared the sixth man. He pointed to the tenth man, "but he got $10!""Yeah, that's right,' exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got ten times more than I!""That's true!!"shouted the seventh man. "Why should he get $10 back when I got only $2 ? The wealthy get all the breaks!""Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor!"The nine men surrounded the tenth and beat him up. The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up any more. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.Author unknownFor those who understand, no explanation is needed.For those who do not understand, no explanation is possible.
When Barack Obama gave a much-anticipated speech on the budget and deficit spending last week, it turned into a disappointing mix of ambiguities and demagoguery. Most people couldn’t discern any “plan” at all in the speech, only hazy promises with few specifics. As it turns out, Obama himself doesn’t appear to be aware of even those few specifics he did offer. In yesterday’s Facebook townhall event, Obama not only mischaracterized the scope of the Republican plan to cut deficits, he also mischaracterized his own:That’s actually wrong on three counts. First, Obama’s plan doesn’t reduce the national debt at all. It reduces by $4 trillion dollars the amount that Obama originally promised to add to the debt through deficit spending in his earlier budget projections. Obama’s plan adds at least $7 trillion to the national debt by its end, with projections rapidly increasing thereafter. Secondly, Republicans have a plan to cut deficit spending — not debt in the short term — by over $6 trillion, using the far less rosy baseline figures of the CBO over the Pollyannaish predictions of growth coming from the OMB.And thirdly, Obama promised a twelve-year plan, not a 10-year plan, a point he made repeatedly in last week’s speech ...
It’s bad enough to have a President who confuses debt and deficit. It’s worse to have a President who can’t keep his own plan scope straight.