Obama is Cutting the Deficit by Spending More
President Bush, with the help of Congress, ran up gigantic yearly deficits in the the hundreds of billions of dollars. President Obama on the other hand, has managed to dwarf Bush’s record deficits. Despite the good game Obama has been talking the last few days about cutting the deficit and being fiscally responsible, his new budget for the 2011 fiscal year still contains another record deficit. I know what every liberal is thinking, “Yes, this new budget still has a big deficit, but Obama said he cut out 20 billion dollars. At least he is moving in the right direction.” It’s true, Obama claims he cut 20 billion out of the new federal budget. But if this budget actually increases the total amount of spending, is it truthful to say that 20 billion has been cut? Being truthful has not been one of Obama’s strong points so far in his presidency.
This new budget will total 3.8 trillion, which is 250 billion more than last years 3.55 trillion dollar budget. Obama claims to have cut 20 billion, but he is actually raising the amount of government spending by 250 billion. How is this being fiscally responsible? How is this cutting the deficit? If I told someone that I was going to get my finances under control by cutting back on the amount of money I’m spending in one area of my budget, but then increased the amount I’m spending in another area, am I really cutting anything? Of course not!
It goes without saying that this budget has
