Only entitlement reform and major discretionary spending cuts would do that -- coupled with policies designed to generate economic growth, which, by the way, do not include tax hikes on the wealthy and major job producers. But how can we possibly win arguments when we don't even articulate them?
So here we have Obama for his entire first term obstructing entitlement and spending reform and railing about the alleged unfairness of the tax code, which has nothing to do with the debt. During the fiscal cliff negotiations, this distorted dialogue continued unabated, with the main things being discussed having nothing to do with the problems we're facing. It's no surprise, then, that the budget deal finally reached will not only not improve our debt picture but exacerbate it.
But that's all fine, we are told. Round two is coming up in two months, in which Obama will take "revenues" off the table and really focus on spending cuts and entitlement reform. Really?
I don't know what is more disheartening, Obama's obvious determination to take this nation into socialism and bankruptcy or the deniers on our side of the aisle who insist on pretending we're dealing with a man who eventually will be reasonable and work in good faith on balancing the budget.
Be offended if you choose, but Obama is either trying to bankrupt the country or so addicted to spending and determined to fundamentally transform the nation that he refuses to be bothered about the reckless spending he is causing. We remain blind to this at the nation's peril.
I hate to say I told you so, but after the budget deal, Obama wasn't humbled; he was emboldened. He was ungracious toward Republicans, chastising them and promising there would be more revenue increases coming and absolutely no negotiation over the debt ceiling. Now reports have emerged that, indeed, the deal has emboldened Obama to demand more revenues.
If Obama cared about this nation's solvency and prosperity, he wouldn't have to be enticed through budget bargaining to agree to spending cuts and entitlement reform. He would be initiating dramatic reforms himself. He isn't, and he won't. Peace in our time.