In my book "Crimes Against Liberty," I described President Obama as dishonest, hyper-partisan, a bully, a narcissist and a hard-core left-wing ideologue. Anyone who thinks my description is exaggerated or too harsh didn't hear his Wednesday speech on the budget.
One might have expected that a newly elected president who had "inherited" such a disturbingly high deficit, a growing national debt, and a forecast of unfunded entitlements soon to explode because of baby boomer demographics alone would roll up his sleeves and tackle this deficit and debt problem.
Instead, Obama saw that $1.3 trillion deficit, licked his Marxist chops, and used it as an excuse to double down on the profligate spending that was driving our budgetary problems in the first place. He proposed -- and secured -- an $800 billion "stimulus" package.
With messianic winds at his back, Obama proceeded to implement the plan, which couldn't have even qualified as a bona fide stimulus measure in the eyes of an avowed Keynesian. It was a combination of political paybacks, pork and unprecedented waste, with millions going to phantom ZIP codes under the watchful eye of Obama's stimulus cop, ol' sleeping Joe Biden. Adding insult to the sham claim that this money was designed to stimulate, just a fraction of the money was spent in the first year.
Hindsight confirms what many of us predicted: The stimulus did not stimulate. Unemployment became much worse, and the debt continued to explode. Obama's solution was to ignore the entitlements issue and devise new ways to bankrupt the nation, from cap and trade to Obamacare to reversing welfare reform.
Finally, everyone started to recognize our impending national financial crisis, thanks to the alternative media and the tea party. Obama went through the motions of establishing a "bipartisan" deficit commission, but when it recommended remedial action, he shelved it. He then presented his 10-year budget plan, which he said wouldn't add a penny to the debt but in fact would add some $8 trillion. Then he was AWOL, pretending to be above the "childish" partisan fray occurring in Congress over continuing resolutions.
Next, Rep. Paul Ryan produced his "Path to Prosperity," which boldly addressed entitlements, other spending issues and the oft-forgotten component of balancing budgets, economic growth. Obama was forced out of hiding to give us yet another speech on the budget.
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