A few words from CNN’s cover story of the president’s fiscal policy address today at George Washington University:
“Obama's approach seeks to carve out a political middle ground between conservatives -- who are pushing for deficit reduction based solely on spending cuts and expected economic growth -- and liberals, who are generally resisting entitlement reform and seeking higher corporate and personal taxes.
“He called for political leaders to put aside orthodox party ideology and work together for the good of the country, saying ‘we can solve this problem’ while noting that ‘any serious plan to tackle our deficit will require us to put everything on the table, and take on excess spending wherever it exists in the budget.’
“At the same time, Obama blasted the House Republican 2012 budget proposal unveiled last week, saying it would ‘lead to a fundamentally different America than the one we've known throughout most of our history.’
"‘These are the kind of cuts that tell us we can't afford the America that I believe in and that I think you believe in,’ Obama said of the plan by House Budget Committee Chairman Paul Ryan, R-Wisconsin, who sat in the audience Wednesday. ‘I believe it paints a vision of our future that's deeply pessimistic.’"
Read about Ryan’s proposals linked at the top of DemWit’s sidebar.
TRANSCRIPT OF PRESIDENT’S ADDRESS: LINK (Note: For easy access to beginning of speech, go to the top of your screen, click on “edit,” then “find in top window” and type in: Here’s the president)
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3 comments:
"“Obama's approach seeks to carve out a political middle ground between conservatives -- who are pushing for deficit reduction based solely on spending cuts and expected economic growth..."
I think CNN forgot to add, "and conservative ideology."
The reaction to Obama's speech has, in general, been pretty positive, the exceptions being the extremists on both sides. But even those of us who give it a thumbs up are, I think, concerned about words vs action. Time will tell.
tnlib: Yes, I read an article yesterday where a number of “deficit hawks” think Obama’s plan is good. I am bracing for the “debt ceiling” battle, but don’t much care to fight the fight here.
There was a reason that he gave that speech on a Wednesday afternoon, with the opposition in the room, "in the front row." Frodo does not believe for one minute that the subsequent "open mike" was in error. We have entered a phase of partisan leadership that has the whole world watching.
Frodo has packed up his troubles in his old kit bag.
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