Friday, August 21, 2009

Obama loses $2 trillion, whines, flies off

Obama seems to have Lost $2 trillion - the Obama administration will increase its 10-year budget deficit projection to roughly $9 trillion, an increase of about $2 trillion from the previous projection.

That $2 trillion loss might be reason enough to have a 'time out' on new Government spending, taxes and programs, say until we actually get jobs losses under control, I mean private sector job losses: " While the private sector has shed 6.9 million jobs since the beginning of the recession, state and local governments have expanded their payrolls and added 110,000 jobs."

Obama seems to forgotten that as the leader with a Congress on his side, it's up to him to lead, not to be to whine about the opposition. Obama's got 60 Democrats Senators and over 250 Democrats in the House. If he can't bring them together and get a bill with such a majority, then he is just an incompetent in the quicksand. Man up, Obama, or as Steele challenges Obama: "Up or down, baby."

Have a nice vacation, Mr President. See you in the fall.

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