The president campaigned on running an honest and transparent government. There’s nothing honest and transparent about the current administration. Obama is misleading the nation on health care, taxes, and budget projections. Instead of being up front about the real numbers the White House is delaying the annual budget update.
The administration’s annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama’s budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.
The release of the update — usually scheduled for mid-July — has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town Aug. 7 on its summer recess.
The White House wants to bury bad news because it endangers their plans for health care reform. Why would they do that? Well, because the administration is willing to do just about anything to pass some kind of health care reform. Things have gotten so bad that Larry Summers, the president’s chief economic adviser, is making speeches that contradict what most economists believe. Greg Mankiw has more:
This[Larry Summers'] statement, while seemingly sensible to some laymen, is actually inconsistent with standard economic analysis, such as that offered by the Congressional Budget Office. The CBO tells us that the healthcare bills being considered in Congress will increase rather than decrease health spending and so will hardly assure markets the Federal debt is under control. The CBO also tells us that health spending does not raise problems of international competitiveness. My understanding is that the CBO analysis of these subjects is not at all controversial among professional economists.
On the issue of health care Obama is the exact opposite of honest and transparent. The president is frankly lying to the American people. For the new administration the ends must justify the means. The facts don’t add up, but we “have to do something.” This kind of thinking is the bedrock of “progressive” disasters. In Obama’s mind it’s better to pass something horrible and fix it later, rather than not “do something.” This is how the government works. Bad programs are created that are impossible to remove. People will get affordable health care in the short run that cannot be paid for in the long run. By the time people realize we can’t afford it, it’s too late. Entitlements cannot be removed and they’re slowly bleeding the nation to death. Obama should know better, but liberals can’t seem to grasp this concept.
Recent Comments