Is Obama trying to have it both ways?

The is the face of a disingenuous liar?The Associated Press released an interesting article exposing the truths behind President Obama’s recent claims regarding the economy and the budget for his first term.

It’s definitely worth the read if you’re interested in holding our leaders and elected officials accountable for their promises and failures.

The highlight of the article for me was Obama’s claim that:

“We will recover from this recession. But it will take time, it will take patience, and it will take an understanding that when we all work together, when each of us looks beyond our own short-term interests to the wider set of obligations we have to each other, that’s when we succeed.”

Now if that doesn’t sound like Marxist inspired socialism, I don’t know what does… loosely translated, Obama is saying… “When we all share our wealth for the good of the country, that’s when we succeed.”

Great…

Now I’m not rich by any means… and an Obama administration probably realistically HELPS me financially… but I guess you can call me old fashioned because I believe in people (even myself) facing consequences when they make bad decisions.  I believe in people working hard for their living.  I don’t believe in bail outs of companies and I don’t believe in bail outs of those up-side-down in mortgages.

I’m in a tight mortgage right now, and I’m late on some bills, but I’m not complaining about it and sitting around wondering what more the government can do to help me.  It’s up to me to work myself out of the situation I find myself in.  Hard-working people are the only thing that’s going to get us out of this financial crisis we’re in.  Spreading the money around (as Obama cleverly suggests without actually using such terms), is not going to ensure our Country’s long term success.  It may get us out of the current pickle we’re in, but the socialist policy of sharing money and bailing out idiots is a terrible trend that will only create more trouble down the road.

Obama’s budget forecasts the recession will continue through this year but with a relatively shallow 1.2 percent decline in the gross domestic product.  Then, the budget predicts solid 3.2 percent growth for 2010, followed by three years of more than 4 percent growth each year. 

Christina Romer, head of the White House Council of Economic Advisers, said this week she was “incredibly confident” the U.S. economy will recover within a year.

This just cements my opinion that the leaders of our country have no clue when it comes to economics.  NOBODY knows when the economy will bounce back.  For Obama to so optimistically project that such an event will happen within one year is pure idiocy.  People continue losing jobs, and those living off their savings will find such rainy day funds drying up throughout the end of this year.  We’ve only just begun to feel the impact of our current economic downturn… and yet our fearless leader is budgeting money next year with the assumption that everything will be all better and rosy as ever.

I heard something interesting this morning that rings quite true with me…

People are scared right now, but it’s not for the reasons that Politicians would have you believe.  We haven’t lost faith in the American economy.  We have lost faith in the American government.”

I for one know that the economy will bounce back when it bounces back… It always does.  But every time the government intervenes in the process, I just cringe… and pray that they don’t mess everything up for generations to come.

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