'My goal is to cut our deficit by half by 2013...' - Pres. Obama...

[Subdivisions]

Will that require austerity measures?

[havocmom]

1. it will if the government keeps contracting with private companies for basics

like troop support and intel

[Subdivisions]

2. I asked already assuming we won't see any cuts in the MIC/War. =) n/t

[nickinSTL]

3. wrong priorities

no way to cut the deficit in a down economy and spur the economy at the same time.

If he really cuts the deficit by half by 2013, the national economy will slide into what no one will be able to argue is not a depression, IMO.

[Subdivisions]

4. I've already begun to see headline like: The G-20 Votes

for Global Depression

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=8642267&mesg_id=8642267

[Tierra_y_Libertad]

5. Maybe stopping the "necessary" war in Afghanistan instead of switching generals.

[leftstreet]

6. +1

[monmouth]

9. +1

[bigwillq]

20. ....

:thumbsup:

[nc4bo]

22. Not trying to be a ditto head but....+11111!

Come on now President Obama, it really isn't that difficult to figure out that this country spends far too much on war and the makings of war.

[amborin]

31. +1

[Phoebe Loosinhouse]

7. "My goals as given to me by the G20 is to cut our deficit in half by 2013"

would be a lot more accurate, don't you think?

[Subdivisions]

10. Yes. That is exactly what I think. In fact, I think they decided to finally

let the chips fall where they may.

[Make7]

19. Actually that goal is about what Obama's previous budget proposals project.

From a February 17, 2010 article by the Center on Budget and Policy Priorities:



Whether or not one believes those numbers to be realistic, the President's current goal doesn't seem much different than what his previous budget proposals indicated.
 

[DJ13]

8. He sends conflicting messages

He has Tiny Tim Geithner urging the EU not to concentrate on deficits while the recession is still with us, then he makes a boneheaded statement to agree with the IMF to cut deficits in 3 years?

[Subdivisions]

11. This should scare the shit out of all of us. n/t

[Mimosa]

12. The bankers (IMF) are dictating the rules. n/t

[Make7]

13. Perhaps this is like the 2004 debates when Bush promised to cut the deficit in half by 2009. ( n/t )

[donco6]

14. "But cutting defense spending is off-limits"

How long before we hear that?

[SocialistLez]

29. I don't even think it's necessary to say that. NT

[Subdivisions]

15. Kicking for heads up: CNN is about to discuss this very point of Pres. Obama's presser. n/t

[Robert DAH Bruce]

16. ...

:rofl:

[Subdivisions]

18. Mind letting us in on which part you find so hilarious? n/t

[Moochy]

28. ...

can't reply, too busy getting back to 1000+

[Coyote_Bandit]

17. Yeah, well

he said he was going to bring transparency to the healthcare reform debate too..........

[Bitwit1234]

21. It might be all but eliminated if

the wars would stop.

[Stinky The Clown]

23. If we keep them wars a-goin' then its gunna hurt us Owned people real bad

After we pay for wars, there'll be nothing left for a fucking thing else.

Who was that promise intended to impress/deceive?

[corpseratemedia]

24. what about his admin's plan to end chronic homelessness in a few years..

they had a pdf that was basically what sounded like a (good) trojan horse for expanding medicaid to a medicaid for all type program


http://www.usich.gov/PDF/OpeningDoors_2010_FSPPreventEndHomeless.pdf

that's the way I read it since they kept mentioning expanding medicaid in it...how will they do that when states are having Greek-style budget crises and he wants to lower the half the deficit without stopping the wars(?)

[sendero]

25. Translation..

... we've given the banks trillions but is nothing left for you working shlubs. Deal with it.

It's astounding that our government looks like it is going to make the same mistake that tipped us into a depression in the 30s AGAIN.

[depakid]

26. And he's at the G-20 arguing for more stimulus?

:crazy:

[Chisox08]

27. As long as he starts with military cuts and ending tax breaks for the top 1%

[Unvanguard]

30. Not if we end the wars and reduce the tax cuts, no. n/t