A one trillion dollar budget deficit in 2009! The entire 2009 federal budget (as submitted by President Bush) is only $3.1 trillion! Holy crap!
That’s what President-elect Obama will inherit, thanks the President Bush’s reckless mismanagement of the federal government, taxes, and economic policy.
The AP describes it pretty well:
While nobody likes a deficit, many economists agree that heavy federal government spending—on food stamps or unemployment benefits or public works projects—may be necessary to keep economies moving in times of recession or war.
The problem is that this time Washington was racking up massive deficits even before the current economic downturn.
We can’t cut government assistance in this economy. We can’t cut anything that would result in significant government layoffs. So the deficit explodes…
If President Bush wants to do what’s best for his country, he’ll immediately start recommending specific cuts to the military budget since these are best received when they come from a Republican (the “only Nixon could go to China” philosophy). Obama, as a Democrat, can then tackle non-military spending cuts.
However, spending cuts can only get us so far. In fact, they’re a drop in the bucket compared to $1 trillion deficit. We’re not talking about trimming the fat here; we’re talking about nearly one third of the entire federal government being financed by deficits.
We’d have to eliminate one third of the federal government to catch up. It’s almost beyond comprehension what that means.
PS: Maybe President-elect Obama bought himself a little political capital on military spending cuts by keeping Gates as Secretary of Defense. If Gates gives the green light to certain cuts, that might help. Perhaps Obama understood that he need the credibility of a Republican Secretary of Defense to do what needs to be done, not just for defense spending but for bringing our troops home.
Showing posts with label Secretary of Defense. Show all posts
Showing posts with label Secretary of Defense. Show all posts
Wednesday, November 26, 2008
Thursday, November 20, 2008
Benefit of the Doubt
Should Pres. Barack Obama keep Secretary of Defense Robert Gates at his post? Looks like it may happen. I can’t say I’m thrilled with the idea, but I’m willing to trust Obama’s judgment.
Some Obama fans may be horrified to see anything short of an crisp, clean break from President Bush and immediate abandonment of his foreign/war policies. But there’s something to remember -- Gates was already a repudiation of Bush’s war policies. After 2006, Bush was forced to fire Donald Rumsfeld and pretty much acknowledge that everything in Iraq up to that point had been a total disaster.
Gates is not a neo-con. He’s not a Rove-ite. He’s not part of that inner Bush circle that ransacked the federal government, politicizing everything they could and burning the rest to the ground. If President-elect Obama says he can work with this guy, then I believe him.
I can’t stand Republicans who would drive this country into a brick wall just to spite the Democrats. I can’t stand Republicans who confuse reckless ignorance with “principles.” The last thing I want is for President-elect Obama to start mimicking that behavior. If he did, that would represent a far more dangerous continuation of President Bush’s behavior than keeping Gates in charge of the Defense Department.
If President-elect Obama says the best thing for our nation and our troops is to keep Gates around another 6-18 months for a slower, more gradual changeover, then I’ll give him the benefit of the doubt on this one.
Some Obama fans may be horrified to see anything short of an crisp, clean break from President Bush and immediate abandonment of his foreign/war policies. But there’s something to remember -- Gates was already a repudiation of Bush’s war policies. After 2006, Bush was forced to fire Donald Rumsfeld and pretty much acknowledge that everything in Iraq up to that point had been a total disaster.
Gates is not a neo-con. He’s not a Rove-ite. He’s not part of that inner Bush circle that ransacked the federal government, politicizing everything they could and burning the rest to the ground. If President-elect Obama says he can work with this guy, then I believe him.
I can’t stand Republicans who would drive this country into a brick wall just to spite the Democrats. I can’t stand Republicans who confuse reckless ignorance with “principles.” The last thing I want is for President-elect Obama to start mimicking that behavior. If he did, that would represent a far more dangerous continuation of President Bush’s behavior than keeping Gates in charge of the Defense Department.
If President-elect Obama says the best thing for our nation and our troops is to keep Gates around another 6-18 months for a slower, more gradual changeover, then I’ll give him the benefit of the doubt on this one.
Labels:
Barack Obama,
George W. Bush,
Iraq,
Robert Gates,
Secretary of Defense
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