In what has turned out to be the most important news item NOT reported, it is this gem that bubbled up from the questioning of Treasury Secretary Tim Geithner by House Budget Committee Chairman Paul Ryan.
After three years of Hope and Change, after three years of blaming the Bush administration for its $4 trillion in debt that the Dear Leader Barack Obama inherited, after 4 yeas of consistent deficit spending, and after spending programs that hike the national debt from 4 to 16 trillion dollars, our treasury secretary is finally asked whether his 10 year budget projection does anything to reduce the debt and deficit. The short answer is NO.
Here’s the way Obama’s Secretary of the Treasury put it . . .
We’re not coming before you to say we have a definitive solution to our long-term problem. What we do know is we don’t like yours.
Well, wait a minute. What happened to compromise? What happened to working together? What happened to crossing the aisle? You notice how that only goes one way?
It takes pure audacity to presume to tell the American people that the economy is turning around, which it isn’t, while having no intention, not now and not for the next ten years, to limit spending to something less than the government takes in. That is reckless and irresponsible. Well, unless you’re a Marxist.
Apparently no solution is preferrable to a Republican one. Guaranteeing that the President will have a ‘do nothing’ congress.