since you’ve apparently just started reading as of 1/20/09 I suggest you take the time to read through the archives, as well as some of the links. You’ll be able to bring yourself up to speed on financial conservatism fairly quickly.

Hello? It’s “responsible” because he promised he’d cut the deficit in half and $712B looks like half or less of $1,752B to me. Promise kept!

He just didn’t bother to say (a lie by omission) that he’d TRIPLE it first. Is that a problem?

From Newsday:

http://www.newsday.com/business/ny-vpbud016053537mar01,0,6930525.story

“…It has been common for presidents from both parties to employ gimmicks to make their choices appear more palatable.

Obama explicitly rejected some of the more egregious budgeting practices of his immediate predecessor. President George W. Bush never included the cost of the wars in Iraq and Afghanistan in his budgets, for instance, opting instead to treat those military campaigns as emergencies and fund them off the books. He took a similar approach with the entirely predictable $60 billion it cost the Treasury for each year that Congress spared 20 million taxpayers the expensive bite of the alternative minimum tax. Bush also budgeted nothing for federal disaster response, though natural disasters invariably occur. Obama included all three things in his 10-year budget.”

You are probably right that Obama´s credibility could sink to Clintonian levels. But I would venture to say that his approval ratings will equal Bush´s final within three years.

Buildings sprang up as donations rained down on Bronx Borough President Adolfo Carrion

I’m sure this is not the Adolfo Carrion BHO knew…

-Nick (from HQ)

We’ve been doing this for years. We’re up to great-grandchildren now.

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Speaking of Obama’s long-term blueprint, Senator Jon Kyl is reported to have said: “This budget adds more debt to our country’s future than all of the debt from 1789, when George Washington was president, through Franklin Roosevelt and Lyndon Johnson and George W. Bush.” I don’t know for sure that Kyl is right, but he’s been right before.

So a doubling (or near-doubling) of the U.S. national debt over the next several years is now being sold by the Obamoonies as “deficit reduction”. It’s a scene from George Orwell’s _1984_. Specifically, page 51 of the Signet Classic paperback edition:

“It appeared that there had even been demonstrations to thank Big Brother for rasing the chocolate ration to twenty grams a week. And only yesterday, [Winston] reflected, it had been announced that the ration was to be *reduced* to twenty grams a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it. Parsons swallowed it easily, with the stupidity of an animal. The eyeless creature at the other table swallowed it fanatically, passionately, with a furious desire to track down, denounce, and vaporize anyone who should suggest that last week the ration had been thirty grams. Syme, too – in some more complex way, involving doublethink – Syme swallowed it. Was [Winston], then, *alone* in the possession of a memory?”