The New, New Obama: Deficit Buster

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As long as the executive and legislative branches are controlled by the same polical party there is a near zero chance of balancing the budget - The republican congress gave Mr Clinton a balanced budget not the other way around. We have a president, while he has some great ideals, does not understand this fundamental principle of the constitution. His team does not prepare him, or he is too stuborn to listen to their advice on how the leader of one country greets the leader of another. America has little or nothing to sorry for, and while our president is showing subordination to foreign heads of state through his poor understanding of culture and international relations, he insults friends and has done much to ruin his image in the EU and other nations who initially greeted him enthusiastically. Americans need to travel and see how the foreign press is having a heydey with the US President's missteps in the last month. Mr Obama has to get MS Pelosi and Mr Reid to the oval office and read them the riot act on fiscal responsibility, if he knows how.

JS of NY 4:22PM November 17, 2009

It simply will not work with her in the room.

Bone R. of KY 3:30PM November 17, 2009

Since when has a conservative balanced a budget? Nixon? no Reagan? no Bush I? no Clinton? yes. oh yeah thats right, hes not a republican. BushII? took what clinton had left us in reserves and spent it.
I think my bet lies with a democrat balancing a budget if i was to bet. Clinton did it, obama may do it. and in 2012 a republican will spend it. NASA may say the world will not end in 2012 like the movie but the republicans will try their damnedest i am pretty sure.

MIT of GA 3:06PM November 17, 2009

nevermind i answered my own question.

manny of MN 1:53PM November 17, 2009

So, Bonnie, instead of spending on limited tax cuts, small business incentives, energy, education, health reform, HIT etc. you are slamming Obama because he didn't "do a Bush" and slash taxes?
Are you aware that even if all Bush tax cuts are allowed to expire as scheduled, Bush tax cuts will cost the federal budget $3.9 trillion over the next ten years (1.4 % of USA GDP per yr...so when the fed budget is atrociously high over the next decade, will you call out Bush, no you'll be blaming Obama).
But Bush' deficit-funded tax cuts created jobs? Wrong. Are you aware that from March 2001 thru Dec 2007 the US experienced the weakest jobs and income growth in the post-war period? On top of low job creation, 4,000,000 US jobs were shipped overseas or lost when the US stopped manufacturing.
Obama HAS to spend to create new industries, such as new energy - and one of the first things he had to do there was fix the national grid before it collapsed.
Do you think Obama can correct the issues before us single-handed, with a magic wand and no spending? Have you examined what % of his annual budget is already spent in deficit interest and other payments that Bush put off?
Before you post any more sarcastic comments about Obama, the fiscal hawk, I suggest you do a little homework.

Alix of NY 4:36PM November 16, 2009

I do hate it when we agree - It it gives me to cause to reflect on the very core of my belief system.
But like my momma used to say, "Even a bad cook occasionally produces a passable meal."

R.L. Schaefer of CA 12:33PM November 16, 2009