Wednesday, July 27, 2011

Call him ‘Drama Obama’ -

Call him ‘Drama Obama’ -

Much like Blagojevich's final months, we have an Executive who can only campaign and not govern. An Executive seeking crisis after crisis to cajole the legislatures and public. Dragging them back into special sessions. Leadership by crisis.
"We face a debt crisis largely of Obama’s making.

Spending as a percentage of GDP now stands at a startling 25 percent, thanks to Obama’s failed stimulus boondoggle, his healthcare law and just run-of-the-mill spending by Democratic appropriators.

Taxes as a percentage of GDP now stand at historic low of 14.4 percent, thanks to a still-sluggish economy made worse by the president signing an extension of the Bush tax cuts. Obama can try to blame Republicans for these tax cuts, but when he had overwhelming majorities in both the House and Senate, he chose to keep those tax cuts in place.

Solving this debt crisis requires a math degree, not a degree in drama."

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