“Shared sacrifice, shared responsibility” is President Barack H. Obama’s (PBO) latest theme and mantra, now that he has discovered that fiscal responsibility resonates with the American people. In a talk today at the Annandale, VA Campus of NOVA el presdente admitted we need to cut our budget deficit to the tune of $4Trillion in spending over the next few years. He even endorsed the notion that America must begin living within its means. Trouble is, PBO’s definition of what constitutes “our means” is different than what most Americans might perceive.
Obama is calling for major reductions in defense and for raising taxes on wealthier Americans. These were the two primary areas for balancing the budget in his speech. Here’s what he isn’t willing to cut– healthcare spending (including entitlement programs like Medicare and Medicaid, and his very own Obamacare); education (in fact, he’s planning to spend even more in this category); Social Security (he guaranteed it’ll be there when everyone retires); infrastructure (highways, bridges and high speed rail); and Clean Energy initiatives. Wow! He must really be a miracle worker if he is able to cut $4Trillion and not cut in any of those areas, even increasing funding in some of them.
One astute student challenged Obama with his plan not to alllow more traditional energy development and instead investing in more speculative clean energy initatives with gas prices where they are. Obama argued back that our domestic oil was a finite resource and not worthy of pursuing, that natural gas was too hard to extract, and that gas prices are spiked only temporarily. He then stumped for biofuels and electric cars, completely side-stepping the point of the question. (Isn’t that what liberals always do?)
Obama made the point that Defense Secretary Gates has already cut defense spending by $400Billion, and that he’s working hard to gut the DoD even more. Isn’t that comforting? He even argued that the chief target for more savings in defense will be weapons systems cuts. Yeah, that’s really reassuring to our active and reserve forces. I can only imagine how motivated I would be to commit my career and life to an organization that wants me to be less well equipped. And all of that, right in the wake of a decade of tiring wars in the Middle East.
Obama also wants to end the Bush tax cuts, which he claims will generate hundreds of billions of dollars for federal spending, thus helping balance the budget. What he’s forgotten is that those “wealthiest Americans” are the job creators, as opposed to the federal government. By taking more from them, and spending it on wasteful government programs, he is hurting the country and its poor employment picture, not helping it.
His town hall presentation today only reaffirms PBO must go in 2012. He isn’t clued into what makes America strong. Instead, he is wedded to the notion we must dismantle the institutions that keep us strong and committed to making us even more dependent on the federal government, further socializing our culture.
You know, I like Obama’s mantra, “shared sacrifice, shared responsibility.” Here’s how I would apply it– In 2012, let PBO “share responsibility” for his misguided adventures as our president. Let’s vote PBO into the ranks of the unemployed, so he can “share in that sacrifice” with the millions of Americans who are out of work or underemployed.