Fill in the blank: Obama proposing spending freeze is like…
The ballyhooed budget spending freeze that will be a feature of the State of the Union address tomorrow doesn’t cover behemoth entitlement programs.
It doesn’t cover a second stimulus.
It is limited to an electorally-timed three-year period.
The White House is already promising that favored left-wing programs in education and the environment would get a pass. The “estimated $250 billion in savings over 10 years would be less than 3 percent of the roughly $9 trillion in additional deficits the government is expected to accumulate over that time.”
And President Obama was against such a spending freeze before he was for it:
Says Michael Steel, spokesman for House Minority Leader John A. Boehner (R., Ohio): “Given Washington Democrats’ unprecedented spending binge, this is like announcing you’re going on a diet after winning a pie-eating contest.”
Give me your best analogy.
Fill in the blank: Spender-in-chief Obama proposing a spending freeze is like…
***
My favorite so far comes from Helen MacDermott via Twitter: “Obama proposing spending freeze is like Heidi Montag telling Joan Rivers to lay off cosmetic surgery.”
***
Related news from the CBO this morning:
The latest congressional budget estimates due Tuesday predict a $1.35 trillion deficit for this year, a top Capitol Hill aide says.
The Congressional Budget Office figures confirm the massive problem facing President Barack Obama and his Democratic allies just days before his Feb. 1 budget submission. The White House says Obama will propose a three-year freeze on domestic agency budgets, though the savings would barely make a dent.
The deficit would slide to $480 billion by 2015, CBO says, but only if tax cuts on income, investments and large estates are allowed to expire at the end of this year. Most budget experts see deficits as far higher once tax cuts and other policies are factored in.
The 2010 deficit figure is in line with previous estimates and would be a slight decline from last year’s $1.4 trillion shortfall. But plans afoot on Capitol Hill for a new jobs bill and a coming Obama request for war funds would add to the total.
The figures arrived just hours before the Senate is likely to reject a White House-backed plan to establish a bipartisan task force to recommend steps to curb the deficit.
The figures bring continued bad news on the deficit, keeping the pressure on Obama and congressional Democrats to demonstrate they’re serious about taking on the flood of red ink.
***
Direct from the CBO Director’s blog:
CBO projects, that if current laws and policies remained unchanged, the federal budget would show a deficit of $1.3 trillion for fiscal year 2010. At 9.2 percent of gross domestic product (GDP), that deficit would be slightly smaller than the shortfall of 9.9 percent of GDP ($1.4 trillion) posted in 2009. Last year’s deficit was the largest as a share of GDP since the end of World War II, and the deficit expected for 2010 would be the second largest. Moreover, if legislation is enacted in the next several months that either boosts spending or reduces revenues, the 2010 deficit could equal or exceed last year’s shortfall…
…Under current law, the federal fiscal outlook beyond this year is daunting: Projected deficits average about $600 billion per year over the 2011–2020 period. As a share of GDP, deficits drop markedly in the next few years but remain high—at 6.5 percent of GDP in 2011 and 4.1 percent in 2012, the first full fiscal year after certain tax provisions originally enacted in 2001, 2003, and 2009 are scheduled to expire. Thereafter, deficits are projected to range between 2.6 percent and 3.2 percent of GDP through 2020.
Those accumulating deficits will push federal debt held by the public to significantly higher levels. At the end of 2009, debt held by the public was $5.8 trillion, or 53 percent of GDP; by the end of 2020, debt is projected to climb to $15 trillion, or 67 percent of GDP. With such a large increase in debt, plus an expected increase in interest rates as the economic recovery strengthens, interest payments on the debt are poised to skyrocket. CBO projects that the government’s annual spending on net interest will more than triple between 2010 and 2020 in nominal terms (from $207 billion to $723 billion) and will more than double as a share of GDP (from 1.4 percent to 3.2 percent).
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Categories: fiscal stimulus,Politics
Nice Deb
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…is like Brendan Fraser talking about how important it is to select quality movie roles.
…is like McCain declaring how conservative he is (in every other sentence).
…is like Bloomberg rallying support for the 2nd Amendment.
…is like Sean Penn saying anything logical.
… Earth overheating due to human activity; or,
… OJ Simpson giving a seminar on the dangers of knives; or,
… Bwarney Fwank declaring responsibility for the financial meltdown.
… Obama telling us he’s a populist
…Riki Tiki Tavi coming out in support of cobras.
(obscure Kipling reference)
…being lectured by any elected official on the merits of telling the truth.
Got it!
(Mother and cousin each taught English for 30 years…back when public schools still taught.)
…Rosie O. appearing on “The Swan”
Obama thinks he’s more clever than he really is. He wants to be seen as doing the right thing without having to actually do the right thing.
—- Like putting an Oyster in a Slot Machine!
Very good indeed. Is the plural mongooses or mongeese?
And speaking of Kipling…it’s like paying the Dane-geld and thinking you’ll be rid of the Dane.
Is like Bill Ayers turning himself in to the police and confessing to domestic bombing.
Is like Daley letting the people vote and the chips fall where they may.
… Ellie Light appearing in public
Its like Ron Popeil saying wait there’s more…..
Isn’t that what you’d normally expect Ron Popeil to day?
Say not day.
Yes. And its what I normally expect Obama to say. OF COURSE Obama is going to say such things.
… AllahPundit stumping for Palin
…revealing 2020 New Year’s resolutions at a boisterous 2010 New Year’s party.
…a gluttonous family member trying to hide the Turkey stuffing before the relatives arrive.
…having a sociopathic, narcissistic, congenital liar tell you that he’s not lying to you again, and arrogantly expecting you to be stupid enough to believe a word he says.
Oh, wait, that’s not “like” anything, that’s what is. Sorry.
Its like my mother-in-law saying it will only be a few days and she won’t be in anyone’s way.
…like prescribing Maalox for stomach cancer.
Its like Glen Beck saying today we’re going to lighten up and have a happy show.
….like listening to the “green shoots” crowd celebrating each tidbit of “less bad” economic news.
….like falling off of a cliff and learning that thanks to the laws of gravity, our fall is no longer accelerating.
…is like Yasser Arafat winning the Nobel Peace Prize. Oops. Wait a minute….
“winning the Nobel Peace Prize.”
LOL
…like closing the barn door after the horse is gone.
Its like George Hamilton being the spokesman for sun screen.
…like a clown being funny
Its like Courtney Love starting a Mother’s Day card line.
Its like Jon Gosselin writing a book on how to be a better husband and father with the introduction by Michael Lohan.
Its like Dan Rather teaching journalism.
Its like Andy Rooney singing “Don’t worry, be happy.”
…is like Jabba the Hutt announcing an aggressive campaign against the Seven Deadly Sins – but exempting Gluttony and Avarice.
Who’s he kidding..he proposes a spending freeze because their isn’t any more money. Never let a crises go to waste.
Dang it. Now I have Andy Rooney’s voice in my head singing “Don’t worry, be happy.”
What have I wrought on myself?
… is like eating a soup sandwich
… is like MSNBC promoting the virtues of Christian Conservatives.
… is like Arlene Specter teaching men how to treat women like ladies.
… is like NBC offering other networks advice on late night programming.
… is like Eric Holder being mistaken for a real AG that cares about enforcing our laws. It’s never going to happen.
On January 26th, 2010 at 10:13 am, Rogue Cheddar said:
On January 26th, 2010 at 10:20 am, Rogue Cheddar said:
We think alike.
On July 8, 2008 I posted:
Its like Ellie Light appearing on What’s my Line?.
… MessNBC providing a balanced, factual report.
… Keith Olbermann being in a good mood.
… Jesse Jackass declaring defense spending is too low.
Plagarism is the sincerest form of flattery, plus I have no money, so I’m forced to steal my original thoughts.
Its like Bill Clinton saying he did not have sex with that woman Monica Lewinsky.
its like Microsoft saying this time the operating system really will be easier to use.
Is like Joy Behar having a brainstorm!
Is like Michelle O eating vegetables grown from her garden.
Gawd, there’s been so many good ones, I hope I haven’t stepped on any. This is fun!
Or Bill Clinton saying ” Sometimes a cigar is just a smoke.”
It’s like Ron Jeremy preaching abstinence.
Is like a one legged man in a A.. Kicking contest
Bill Clinton remembering the name of an intern after their first, er, meeting in the Oval Office . . . or at least not talking on the phone at the same time he’s being “de-briefed” . . .
Is like Ellen Degeneres coming out “hetero”!
Or Bill Maher.
Its like saying the nudity in Showgirls was needed to further the story line.
…freezing my kids allowance after I have maxed out all my credit cards, home equity loans and cashed out my 401k.
Well at least I got Andy Rooney’s voice out of my head…..
My turn on the phrase:
I’ll believe it when the budget freezes over.
Its like Satan saying yes, but its a dry heat.
Is like George Clooney saying “Who wants to listen to me about politics, I’m just an actor?”
Its like NASCAR saying that its only because Danica Patrick is a good driver.
Its like Rodney Dangerfield saying maybe he didn’t deserve any respect.
…bailing a cup of water out of a sinking cruise ship and declaring yourself airborne.
…is like me watching ‘Sleepless in Seattle’, or ‘Titanic’, or ‘Steel Magnolias’, or ‘The Notebook’, or…
…like me wearing orange on St. Patrick’s Day…in Belfast…
Its like airport security in Nigeria saying let’s check the no fly list first….
Its like Mary Matlin saying why in the hell did I marry James Carville.
On January 26th, 2010 at 12:15 pm, spaceycakes said:
…is like me watching ‘Sleepless in Seattle’, or ‘Titanic’, or ‘Steel Magnolias’, or ‘The Notebook’, or…
—————————————
“Farenheit 911 or Sicko . . . “
It’s like Brett Favre saying he’s not going to play footbal anymore!
“Favre saying he’s not going to play”
LOL
Its like James Carville and Andy Rooney singing a duet of “Don’t Worry, Be Happy.”
Now you try and get that out of your head!
Its been fun. Will catch up this afternoon.
…Bush saying he would secure the border.
Like a poor person voting democrat so that government can raise taxes ON THE RICH and therefore make said wealthy individuals pay their FAIR SHARE.
Like a welfare recipient declaring that we all need to do more to help the president.
…Michelle Malkin saying of Keith Olbermann: “I know, but he’s kind of cute!”
Please don’t ban me for this!
…like Jimmy Carter saying ‘my hero has always been Moshe Dayan’…
It’s like the pediophile saying “it’s not my fault. I had a bad childhood.”
like hell freezing over?
…..McCain saying he supports enforcing the immigration laws.
….Romney saying………(fill in the blank) it’s likely to be opposite from what he’s said before.
…when donkeys fly.
…like Chamberlain at the Munich Accord: “This means peace in our time”.
..like Emelia Ehrhart: “Trust me, I know what I’m doing”.
…like Captain Smith on the bridge of the Titanic: “Full speed ahead”.
Here’s a little song I wrote
You might want to sing it note for note
Don’t worry, be happy.
In every life we have some trouble
But when you worry you make it double
Don’t worry, be happy.
Don’t worry, be happy now.
(Chorus)
Don’t worry, be happy. Don’t worry, be happy.
Don’t worry, be happy. Don’t worry, be happy.
Ain’t got no place to lay your head
Somebody came and took your bed
Don’t worry, be happy.
The landlord say your rent is late
He may have to litigate
Don’t worry, be happy.
(Chorus)
(Look at me — I’m happy. Don’t worry, be happy.
Here I give you my phone number. When you worry, call me,
I make you happy. Don’t worry, be happy.)
Ain’t got no cash, ain’t got no style
Ain’t got no gal to make you smile
Don’t worry, be happy.
‘Cause when you worry your face will frown
And that will bring everybody down
Don’t worry, be happy.
(Chorus)
(Don’t worry, don’t worry, don’t do it.
Be happy. Put a smile on your face.
Don’t bring everybody down.
Don’t worry. It will soon pass, whatever it is.
Don’t worry, be happy.
I’m not worried, I’m happy…)
‘Fried Green Tomatos’, or ‘Pretty Woman’ or ‘Alien Resurrection’ Oops!
….Hillary Clinton saying she trusts her husband.
…Michael Moore saying “no” to the last piece of pie.
…Paris Hilton avoiding a camera.
…Olbermann getting his panties out of the knot they’re in.
Is like the ‘View’ to ‘Press The Meat’
It’s like Rep. Henry Waxman responding about the $2,200-a-day bill for room and food in Cophenhagen, “I can’t believe that,” Rep. Waxman said. “I can’t believe it, but I don’t know.”
Is like Allen Iverson going to basketball practice.
…Charlie Crist running as a conservative.
…spacey shopping at Wal-mart.
Is like Harry Sinden keeping Bobby Orr a Boston Bruin forever! (don’t get me freakin started!)
… is like Marion Barry exhorting kids to “Just Say No”.
… is like George Carlin telling other comedians to stop the f@#$&%^ swearing.
… is like Tim Geithner ordering others to pay their taxes.
… is like Obama encouraging the Toastmasters to improve their impromptu speaking skills.
Tom Friedman on Imus In The Morning, advises his Golfing Buddy – President Obama to ignore the Tea Party Movement and the Populism spreading across the country.
Is like Larry Bird winning the All Star dunking contest.
It’s like Michelle O saying “for the first time in my life, I’m proud of my country.”
Its like Barbara Streisand saying that she sings people who need people, she means people just like us.
… is like announcing another Michael Jackson comeback tour.
OT
Mongoose. PS, I can send you some if you like.
A republican sitting in “Ted Kennedy’s seat”.
Oh, wait. I thought I had the hang of this.
How about:
A Democrat presidential candidate fathering a child in wedlock?
Its like the UN saying maybe this time Israel had the right to defend itself.
…is like Octomom stumping for Abortion Rights…