March 15, 2013

Latest PJ Media Post (‘Obama: Our Out-of-Control Debt Is ‘Sustainable’ for the Next Decade’) Is Up

Filed under: Economy,Taxes & Government — Tom @ 6:34 am

It’s here.

It will go up here at BizzyBlog on Sunday (link won’t work until then) after the blackout expires.

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The column deals with what Barack Obama told former Clintonista George Stephanopoulos of ABC News earlier this week:

And, y– you know– I think what’s important to recognize is that– we’ve already cut– $2.5– $2.7 trillion out of the deficit. If the sequester stays in, you’ve got over $3.5 trillion of deficit reduction already.

And, so, we don’t have an immediate crisis in terms of debt.

In fact, for the next ten years, it’s gonna be in a sustainable place.

Combined with Obama’s statement to John Boehner during fiscal cliff negotiations that “We don’t have a spending problem,” that leaves punitive tax increases as the only option. There is no way to “negotiate” in any real sense with a president who holds these reality-denying positions.

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1 Comment

  1. [...] column went up at PJ Media and was teased here at BizzyBlog on [...]

    Pingback by BizzyBlog — March 17, 2013 @ 8:09 am

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