If Obama is going before the American public to sell a deficit reduction plan, one would think that the Post would demand some real facts so that Obama's proposals for so-called deficit reduction could actually be analyzed. Seems that the Post reporters are more concerned with portraying a "positive" image of Obama rather than analyzing his vacuous assertions of deficit reduction.
Well even though the "left hand" of Post did not give Obama a critical examination, the "right hand" of the Post did provide the graphic below. To be fair, the graphic probably does not take account Obama's undisclosed plans concerning how he would actually reduce the deficit. All I can say, from what I have read is that there is no real proposal to reduce the debt. Obama's assertions of deficit reduction are illusionary. We have a "Bread and Circuses" economy to simply win votes from the masses, not to solve our deficit problem.
PS: Looks like my April 14th guesstimate: "Obama's "savings" would result in an approximate debt of $22.6 trillion dollars." is pretty close to the graph above.
No comments:
Post a Comment