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Supporter
Join Date: Aug 2000
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The Obama legacy – it doesn’t look promising
I think Obama should listen to this guy because I think he's right.
The Obama legacy – it doesn’t look promising By Frank Donatelli Published February 11, 2013| FoxNews.com Democrats, Republicans and indeed all American citizens are eagerly anticipating President Obama’s State of the Union Address Tuesday evening, hoping for a clearer picture of what he plans to accomplish before 2017 to cement the Obama legacy. But as we look toward the next four years, we must not overlook the far-reaching consequences of the president’s actions early in his second term. For starters, his refusal to cement a long term fiscal deal with Republicans is a tell-tale sign that the political and economic environment he’s created does not bode well for the legacy he hopes to leave behind. He has no more excuses on the deficit. Obama campaigned for reelection promising to reduce the deficit almost exclusively through tax increases and phony cuts, like ending a war that was already over. Despite his tax increases, US debt is still growing as far and fast as the eye can see. The CBO’s midyear forecast shows this year’s deficit will still be $845 billion, over 5% of GDP. Worse, the public debt is predicted to be 77% of GDP in 10 years, double the average of the last 40 years, and this despite exceedingly optimistic CBO growth targets never achieved during Obama’s time in office. When the fed finally stops subsidizing interest rates, government debt payments and entitlements, which Obama also refuses to touch, will consume virtually the entire federal budget in 12 years. The president’s ability to blame this all on his predecessor will only diminish with time. It's also clear that our commander in chief faces budget warfare for the next four years. Because he snubbed a comprehensive budget solution, Obama will now have to deal with fiscal issues one at a time. He still faces a $1 trillion sequester, which his own retiring Defense Secretary says will devastate our national defense. Hopefully this worries the president who is after all still our commander in chief. Next up is a budget resolution and appropriations bills for the coming year plus a need to raise the debt ceiling yet again. There will be no more shortcuts or negotiations with Speaker Boehner. All of these issues will be handled in regular order. A balanced, long-term agreement could have taken many of these matters off the table, but the president will now be forced to spend valuable political capital and time for the balance of his term dealing with them individually. Hopefully he’ll still have time to fit in regular appearances on "The View." The country will remain divided with our major problems unsolved. It bears mentioning at least once more that Obama began his first term pledging to end legislative gridlock and change the way Washington works. He is destined to end his second term reinforcing both gridlock and partisan division. His class warfare rhetoric and constant questioning of the motives of his opponents have made him one of the most divisive presidents ever. One example: Before he gave a long-anticipated speech on immigration, one of his second term priorities, the chairman of the Congressional Hispanic Caucus asked him NOT to introduce his own bill, presumably because an Obama immigration bill would be dead on arrival and set back the prospects for bipartisan reform. Apparently he has also applied that advice to fiscal matters since he has again missed the deadline and failed to submit a presidential budget for this year. -- That actually might be a good thing, however, given that his previous two budgets were rejected by nearly unanimous votes in the Senate. Some of Obama’s many admirers in the media have compared him to Franklin Roosevelt and Abraham Lincoln as an equally historic figure. The better comparison would be with their predecessors, James Buchanan and Herbert Hoover. President Buchanan stood by, watched the Union dissolve and did nothing. President Hoover was overwhelmed by the Great Depression. Sadly the record will show that despite enormous promise and opportunity, President Obama stood by and watched as America mortgaged its fiscal future and its citizens grew even further apart. The solution to those problems will be the province of our next president. Frank Donatelli is the Chairman of GOPAC, an organization dedicated to educating and electing a new generation of Republican leaders. He previously served as Political Director for President Ronald Reagan. Read more: http://www.foxnews.com/opinion/2013/...#ixzz2KpkHTBu5 |
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#2 |
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Arf! Arf! Arf!
Join Date: Dec 2007
Location: North
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No charts or graphs, no good/Direckson
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"Often is a word I seldom use"--JP |
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Posts: 14,302
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#3 |
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ARRRRRRRRRRRRRRRRGH
Join Date: Nov 2002
Location: In the Soup Nazis Kitchen
Casino cash: $160381
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It's only gonna get worse.
He's coming for the guns.
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Alex Smith's career record when the opponent scores at least 24 points: 2-27-1 |
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#4 | |
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Brainwashed
Join Date: Dec 2003
Location: Swims with fishes
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Quote:
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Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself. Mark Twain |
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#5 |
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Supporter
Join Date: Aug 2000
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Yeah I'm probably sure you didn't read it because it was from Fox News but I posted it because this guy thinks just like I have been saying, Obama is painting himself into a corner.
It's just a prediction that I agree with. It isn't anything more important like being outraged about Rubio lying about his family's history while ignoring Obama wrote a ****ing autobiography filled with lies. Carry on. |
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#6 | |
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Fantastic Planeteer
Join Date: Oct 2006
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#7 | |
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More laws are not needed~
Join Date: Sep 2001
Location: Close to the big pond~
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"They that give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." -Benjamin Franklin~ |
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#8 |
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Brainwashed
Join Date: Dec 2003
Location: Swims with fishes
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No, I didn't read the propaganda of Fox News. But, I don't read Limbaugh, Olbermann, Maddow or any other partisan pieces. I watch Fox News every once in a while. Try to watch at least two shows a week. See how things are being slanted. It's terribly disappointing. If you are getting your news from Fox News or MSNBC you are getting a partisan slant on your information.
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Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself. Mark Twain |
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#9 | |
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Supporter
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Quote:
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#10 |
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Brainwashed
Join Date: Dec 2003
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No, you are a rare breed. A "real" conservative with hard core beliefs but still with an open mind.
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Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself. Mark Twain |
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Posts: 38,367
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#11 |
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In the misty morning...
Join Date: Aug 2000
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This "breed" isn't as rare as you think. They just don't post here often, DC isn't real friendly to people with "open minds".
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Don't live for pleasure, make life your treasure... \m/ Ronnie James Dio, 1942-2010 \m/ |
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#12 | |
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Supporter
Join Date: Aug 2000
Location: Spink, SD
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Quote:
And it's something Obama should be thinking about. |
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#13 | |
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Brainwashed
Join Date: Dec 2003
Location: Swims with fishes
Casino cash: $2267996
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Quote:
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Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself. Mark Twain |
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Posts: 38,367
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#14 |
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In the misty morning...
Join Date: Aug 2000
Location: on the edge of time...
Casino cash: $1044370
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I should make it clear that it's not the sole reason I don't post here often, though.
Even though I fancy myself "open-minded" I don't post here often because I always end up getting my ass handed to me by people much smarter and politically savvy than I... ![]()
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Don't live for pleasure, make life your treasure... \m/ Ronnie James Dio, 1942-2010 \m/ |
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The savior is here
Join Date: Aug 2001
Location: The Pitt State baby
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Quote:
The mother****ers just need to reach a compromise. |
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