Losing Ground on the Foreign Policy, Reeling from Failures at Home and Abroad, the President Pivots to Waging an Empty Rhetorical War Against His True Enemy – The GOP – and Finds Comfort in Familiar Territory
During a speech to the City Club of Cleveland, the President said though the success of his plan to expand “middle-class economics” proves that “trickle-down economics” don’t work, Republicans’ budget proposal—which would balance the budget within 10 years—doesn’t reflect that.
“Sadly this is just the latest example of President Obama putting campaign-style events and partisan politics above governing. And it’s all a ruse designed to distract from the president’s own problems.“
— House Speaker John Boehner
“We know now that the doom and gloom predictions that justified this [type of] budget in the past were wrong,” Obama said. “Despite the new evidence, their approach hasn’t changed. “
Since the House budget was released on Tuesday the Obama administration has come out swinging, using it as a convenient foil against his own budget ideas. Republicans suggest cutting $5.5 trillion from the budget over the next ten years, mainly by pulling back investments in domestic programs. Read the rest of this entry »