Freshly back from his golf vacation, Obama developed symptoms of what appears to be a nasty flu virus. And he just vomited and had diarrhea right in front of the American people. He made a heck of a mess.
How embarrassing? I forgot, he has no shame or conscience anyway. No cure found yet.
“THE PRESIDENT: Good morning, everybody. (Applause.) Please have a seat. Well, welcome to the White House.”
As I said in my State of the Union address last week, our top priority must be to do everything we can to grow the economy and create good, middle-class jobs. That’s our top priority. That’s our North Star. That drives every decision we make. And it has to drive every decision that Congress and everybody in Washington makes over the next several years.
First lie. North Star? Excellent synonym for it.
And that’s why it’s so troubling that just 10 days from now, Congress might allow a series of automatic, severe budget cuts to take place that will do the exact opposite. It won’t help the economy, won’t create jobs, will visit hardship on a whole lot of people.
It does what it’s designed to do….it was your idea, remember?
Here’s what’s at stake. Over the last few years, both parties have worked together to reduce our deficits by more than $2.5 trillion. More than two-thirds of that was through some pretty tough spending cuts. The rest of it was through raising taxes — tax rates on the wealthiest 1 percent of Americans. And together, when you take the spending cuts and the increased tax rates on the top 1 percent, it puts us more than halfway towards the goal of $4 trillion in deficit reduction that economists say we need to stabilize our finances.
I see now where your problem is, we could never raise taxes fast enough to keep up with your spending.
Now, Congress, back in 2011, also passed a law saying that if both parties couldn’t agree on a plan to reach that $4 trillion goal, about a trillion dollars of additional, arbitrary budget cuts would start to take effect this year. And by the way, the whole design of these arbitrary cuts was to make them so unattractive and unappealing that Democrats and Republicans would actually get together and find a good compromise of sensible cuts as well as closing tax loopholes and so forth. And so this was all designed to say we can’t do these bad cuts; let’s do something smarter. That was the whole point of this so-called sequestration.
We’re making a tiny bit of progress here, Barry: “the whole design of these arbitrary cuts was to make them so unattractive and unappealing that Democrats and Republicans would actually get together and find a good compromise of sensible cuts as well as closing tax loopholes and so forth.” — By design, now you are catching on. But you refused to even negotiate and then said you had no interest in talking about spending cuts. Now you want more revenue after what you got last month.
Unfortunately, Congress didn’t compromise. They haven’t come together and done their jobs, and so as a consequence, we’ve got these automatic, brutal spending cuts that are poised to happen next Friday.
You would not compromise or even talk remember when you said I get the tax hikes for nothing in return? Your alternative reality is even worse than your budget, which isn’t done either. You’re the first one who is not doing your job.
Now, if Congress allows this meat-cleaver approach to take place, it will jeopardize our military readiness; it will eviscerate job-creating investments in education and energy and medical research. It won’t consider whether we’re cutting some bloated program that has outlived its usefulness, or a vital service that Americans depend on every single day. It doesn’t make those distinctions.
You mean if your “meat cleaver approach” is allowed to go into effect.
Emergency responders like the ones who are here today — their ability to help communities respond to and recover from disasters will be degraded. Border Patrol agents will see their hours reduced. FBI agents will be furloughed. Federal prosecutors will have to close cases and let criminals go. Air traffic controllers and airport security will see cutbacks, which means more delays at airports across the country. Thousands of teachers and educators will be laid off. Tens of thousands of parents will have to scramble to find childcare for their kids. Hundreds of thousands of Americans will lose access to primary care and preventive care like flu vaccinations and cancer screenings.
Have you taken a look at the economy and the private sector lately? Probably not. But you would see all the sacrifices Americans have been forced to make while all you worry about is government jobs … and spending more borrowed money. And then you can’t even get a budget enacted, which all these companies in the private sector must do, along with the CEO’s being held accountable. But you said the private sector is doing fine and that government jobs were the real concern. Now you aim more torpedos at the economy while it has already begun contracting.
And already, the threat of these cuts has forced the Navy to delay an aircraft carrier that was supposed to deploy to the Persian Gulf. And as our military leaders have made clear, changes like this — not well thought through, not phased in properly — changes like this affect our ability to respond to threats in unstable parts of the world.
Who’s fault is that? Who has been ramming the military cuts through? …even trying to cut troops medical benefits? You could not be bothered by a response to Benghazi.
So these cuts are not smart. They are not fair. They will hurt our economy. They will add hundreds of thousands of Americans to the unemployment rolls. This is not an abstraction — people will lose their jobs. The unemployment rate might tick up again.
Tell me what is fair? While Americans are hurting, the economy contracting, unemployment at record highs, gas and fuel at record highs; not only don’t you mention that but you galavant around on luxury vacations even as you ignore your job and constitutional duties. And you told Americans you would not negotiate, again. (several times)
And that’s why Democrats, Republicans, business leaders, and economists, they’ve already said that these cuts, known here in Washington as sequestration, are a bad idea. They’re not good for our economy. They’re not how we should run our government.
If they are bad for the country, how could you, the executive, have let it come to this without working to avoid them?
And here’s the thing: They don’t have to happen. There is a smarter way to do this –- to reduce our deficits without harming our economy. But Congress has to act in order for that to happen.
That’s what you have been saying they don’t have to happen and they aren’t going to happen. But you’ve done nothing to avoid them. Your only concern is raising taxes on certain targeted people. (maybe you are getting it confused with your drone operation)
Now, for two years, I’ve offered a balanced approach to deficit reduction that would prevent these harmful cuts. I outlined it again last week at the State of the Union. I am willing to cut more spending that we don’t need, get rid of programs that aren’t working. I’ve laid out specific reforms to our entitlement programs that can achieve the same amount of health care savings by the beginning of the next decade as the reforms that were proposed by the bipartisan Simpson-Bowles commission. I’m willing to save hundreds of billions of dollars by enacting comprehensive tax reform that gets rid of tax loopholes and deductions for the well off and well-connected, without raising tax rates.
Hogwash, Lie #____ (I lost count) Your “will” lacks any credibility at all. You wanted the tax hikes without negotiating spending cuts. Now you say you are willing? The Simpson Bowles you keep talking about you totally ignored. Once again, back to the tax hikes, closing loopholes mantra. We cannot balance the budget or decrease the deficit by raising taxes. You cannot get there.
I believe such a balanced approach that combines tax reform with some additional spending reforms, done in a smart, thoughtful way is the best way to finish the job of deficit reduction and avoid these cuts once and for all that could hurt our economy, slow our recovery, put people out of work. And most Americans agree with me.
A balanced approach to Obama is raising taxes while raising taxes.
The House and the Senate are working on budgets that I hope reflect this approach. But if they can’t get such a budget agreement done by next Friday — the day these harmful cuts begin to take effect — then at minimum, Congress should pass a smaller package of spending cuts and tax reforms that would prevent these harmful cuts — not to kick the can down the road, but to give them time to work together on a plan that finishes the job of deficit reduction in a sensible way.
At least maybe someone is working on a budget. However, we haven’t had one yet under your first term. And it doesn’t look any more promising now.
I know Democrats in the House and in the Senate have proposed such a plan — a balanced plan, one that pairs more spending cuts with tax reform that closes special interest loopholes and makes sure that billionaires can’t pay a lower tax rate than their salary — their secretaries.
Democrats in the Senate have stubbornly stood in the way of any budget attempts.
And I know that Republicans have proposed some ideas, too. I have to say, though, that so far at least the ideas that the Republicans have proposed ask nothing of the wealthiest Americans or biggest corporations, so the burden is all on first responders or seniors or middle-class families. They double down, in fact, on the harsh, harmful cuts that I’ve outlined. They slash Medicare and investments that create good, middle-class jobs. And so far at least what they’ve expressed is a preference where they’d rather have these cuts go into effect than close a single tax loophole for the wealthiest Americans. Not one.
Straw man alert! Republicans have proposed ideas and a BUDGET. While all you want to talk about is those wealthiest Americans who, by the way, cannot solve your budget crisis. All you DO want to talk about is their taxes…and those evil loopholes.
Well, that’s not balanced. That would be like Democrats saying we have to close our deficits without any spending cuts whatsoever. It’s all taxes. That’s not the position Democrats have taken. That’s certainly not the position I’ve taken. It’s wrong to ask the middle class to bear the full burden of deficit reduction. And that’s why I will not sign a plan that harms the middle class.
What is not balanced here is you, Barack Obama. You and Democrats have said almost exactly that, no spending cuts whatsoever.
So now Republicans in Congress face a simple choice: Are they willing to compromise to protect vital investments in education and health care and national security and all the jobs that depend on them? Or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthiest Americans and biggest corporations? That’s the choice.
Mr. President, you face a choice. If you are not willing to work, then there is nothing stopping these drastic cuts as you call them. But you’ve done nothing.
Are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? Are you willing to have teachers laid off, or kids not have access to Head Start, or deeper cuts in student loan programs just because you want to protect a special tax interest loophole that the vast majority of Americans don’t benefit from? That’s the choice. That’s the question.
Now you want to threaten Americans with first responder cuts. You, however, have not been a first responder – now or in the past. Then your threaten us with air traffic controllers, or inspectors, or teachers, and on and on. Don’t you ever change your script? They should be asking you what you are doing about it, other than campaigning and playing politics?
And this is not an abstraction. There are people whose livelihoods are at stake. There are communities that are going to be impacted in a negative way. And I know that sometimes all this squabbling in Washington seems very abstract, and in the abstract, people like the idea, there must be some spending we can cut, there must be some waste out there. There absolutely is. But this isn’t the right way to do it.
It’s always for real with you, not an abstraction. You always want to hold Americans hostage to your plans and ideas, as bad as they are. But doing nothing to fix it has been your record.
So my door is open. I’ve put tough cuts and reforms on the table. I am willing to work with anybody to get this job done. None of us will get 100 percent of what we want. But nobody should want these cuts to go through, because the last thing our families can afford right now is pain imposed unnecessarily by partisan recklessness and ideological rigidity here in Washington.
So, your door is open…now?! After telling America you would not negotiate, again?
As I said at the State of the Union, the American people have worked too hard, too long, rebuilding from one crisis to see their elected officials cause yet another one. And it seems like every three months around here there’s some manufactured crisis. We’ve got more work to do than to just try to dig ourselves out of these self-inflicted wounds
We’ve gone from one self-inflicted crisis to another that you’ve waged on America and the economy. Now you hold it hostage to your failing agenda.
And while a plan to reduce our deficit has to be part of our agenda, we also have to remember deficit reduction alone is not an economic plan.
5-alarm straw man alert. But a spending plan is our entire agenda, along with tax hikes? Even when it is well known that you cannot get there.
We learned in the 1990s, when Bill Clinton was President, nothing shrinks the deficit faster than a growing economy that creates good, middle-class jobs. That should be our driving focus — making America a magnet for good jobs. Equipping our people with the skills required to fill those jobs. Making sure their hard work leads to a decent living. Those are the things we should be pushing ourselves to think about and work on every single day. That’s what the American people expect. That’s what I’m going to work on every single day to help deliver.
You seem to think by recreating some tax policies and rates of Bill Clinton’s term that the economy, budget and deficit will miraculously heal itself. The economy is nowhere near what it was then. On one hand you want to criticize the boom type bubble economy, on the other hand you want one of your own. Which is it?
So I need everybody who’s watching today to understand we’ve got a few days. Congress can do the right thing. We can avert just one more Washington-manufactured problem that slows our recovery, and bring down our deficits in a balanced, responsible way. That’s my goal. That’s what would do right by these first responders. That’s what would do right by America’s middle class. That’s what I’m going to be working on and fighting for not just over the next few weeks, but over the next few years.
This is your presidential manufactured problem, and your timetable. To project anything else is LIE #… someone count, please. These trillions of dollars you’ve blown are sucking all the oxygen out of the room. And I know, you aren’t done yet.
Thanks very much, everybody. Thank you, guys, for your service. (Applause.)
Thanks for nothing, Mr. Obama, nothing but yet another crisis…made to order and aimed at America. (at least you are good at something)
So its the “meat cleaver” vs. Obama’s invisible scalpel.
I was hoping for the best for that virus, but the prognosis is really not good.