What's For Certain In Obamaland?

There are only two things for certain in Obamaland.

Debt:

Via the House Republicans, this is what the Obama administration’s idea of a “sustainable fiscal path” looks like:

And taxes:

“The proposed budget’s $300 billion in tax relief over the next 10 years for individuals, families, and businesses is mostly targeted and limited, often to people who don’t have to pay any taxes,” said Senator Charles Grassley of Iowa, the ranking Republican on the tax-writing Senate Finance Committee. “The tax increases in the budget dwarf the tax relief.”

But we knew that already, didn't we?

Comments

[mark l.]

if we produced 5 million more barrels of oil, domestically...
365*70*5mil=127 billion.

1 million from alaska, 1 million from california, 2 million from the gulf, and another million from east coast/florida.

throw in an increase in natural gas production, and we go from a trade gap, to a modest trade surplus(if one excludes our borrowing, of course...)

the only roadblock to domestic production is the fantasy that we will become less reliant on petrol in the next 10 years, so we can save the planet, 100 years from now.

the potential of an oil spike is the 'single' greatest threat to face our nation.

I know that oil has dropped off the pages of news, but I think it would be well worth the effort of the gop to have another run at it.

linking oil to national wealth/income along with domestice security is, imho, a winner.
the gop can reuse the old arguments, but great emphasis should be given to seek a source of revenue, to pay for our exploding debt.

if the dems want to run up the bill, they'll be hard pressed to deny gop efforts to create jobs and revenue, while promoting domestic security.

if this fails at 10% unemployment, they should revisit the idea again, when unemployment is at 15%.

[mark l.]

watching the messiah explain "paygo"...

lukewarm applause. even the audience knows that the debt is over a trillion, and their concept of paying as you go can't help but bleed into the concept of the entire federal budget.

he doesn't stay long on the topic, seguing into the fact that that one of the local politicians wife's name is pago...
the applause become twice as loud.

the crowd is kinda like a frank luntz focus group. vague and folksy brings the crowd back in, but the specifics are lost in the monolith of following a 1 trillion plus deficit, with a near one trillion dollar stimulus, to be followed by another trillion dollar deficit.

10% unemployment.