So Barack Obama is now telling us that his "balanced approach" to the economy is $4 trillion in deficit reductions. Well I must say that sounds good until you remember two things. The first is that he has overseen $1 trillion in deficit spending every year he has been in office. The second is that he has yet to show balance anywhere in his life, and in particular that includes a balanced budget....oh wait, he hasn't had a budget the entire time he's been in office.
Obama makes a claim that seems ludicrous given the spending and wasteful redistribution of our wealth to his buddies and failed government "green energy" companies and, in fact, the claim is ludicrous. In fact, it's a flat out lie. I know you're surprised that he would lie to us, right? Just remember that under this president our national debt has skyrocketed more that all of the first 41 presidents combined!
A new analysis of Mr. Obama’s budget reveals the president’s plan would add $10.6 trillion in debt accumulation over the next decade, bringing the U.S. federal debt to a jaw-dropping $25.4 trillion.
If Barack Obama even could balance a budget, something he obviously has never had to do in his life and certainly not while in political office, then we would have seen that already. Still his mouthpieces continue babbling the nonsensical lines about $4 trillion in deficit cuts. No one knows how that would take place seeing as he's going to be adding billions with the new health care law implementation.
White House Press Secretary Jay Carney, like an Obama parrot, repeated the mantra on Air Force One to the Press en route to Cleveland, Ohio on June 16th of this year:
There are the President’s proposals, which include a balanced deficit reduction plan that would reduce our deficits by $4 trillion over 10 years, as well as his proposals for near-term economic growth and job creation.
Senator Jeff Sessions (R-AL), of the Senate Budget Committee, provided research that shows that Barack Obama's "plan" will end up spending $1.4 trillion above what was agreed to in last year's debt deal.
So again, Obama expects people to believe him and not their lying eyes, wallets, unemployment, mortgage foreclosures and a crippled economy. In order to be believable one has to be able to be trusted and frankly Obama cannot be trusted.Don't forget to Like Freedom Outpost on Facebook, Google Plus, & Twitter. You can also get Freedom Outpost delivered to your Amazon Kindle device here.