April 9th, 2011
12:00 AM ET

POTUS hails budget agreement

(WASHINGTON) CNN–With less than an hour before the federal government would have shut down, President Obama praised the budget agreement on Capitol Hill and declared the government would "remain open for business."

"Like any worthwhile compromise, both sides had to make tough decisions and give ground on issues that were important to them," Obama said before cameras in the White House Blue Room as he acknowledged some of the cuts agreed to would be painful, with certain programs cut back and other projects encountering delays. "But beginning to live within our means is the only way to protect those investments that will help America compete for new jobs," he said.

Obama also thanked Speaker John Boehner and Senator Harry Reid "for their leadership and their dedication during this process."

In wrapping up his brief remarks, Obama spoke of a letter he recently received from the mother of an eighth grade student in Colorado who was concerned his upcoming trip to Washington would be canceled because of a shutdown. With a deal in place, Obama said he hoped the students would now "get a chance to look up at the Washington monument and feel the sense of pride and possibility that defines America, a land of many that has always found a way to move forward as one."

Topics: Budget • President Obama • The News

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soundoff (89 Responses)
  1. geow


    April 9, 2011 at 12:10 am |
  2. Miers Porgan

    Great job by Obama, really taking the lead on this one and staring down the $1.5 trillion deficit. Nice to have such a hands-on, roll-your-sleeves up leader to handle the big, existential national issues like the debt and the deficit.

    April 9, 2011 at 12:11 am |
    • Jekyll Island

      This is sarcasm correct?

      April 9, 2011 at 9:37 am |
    • The Big lebowski

      I really hope you a.e being sarcastic. If not, you need to consider suicide.

      April 9, 2011 at 10:08 am |
    • Hyon

      Do you know the difference between America and a Banana Republic.......

      America don't have any friggin banana's.
      Thanks Obama and you far left nuts.

      April 9, 2011 at 10:33 am |
    • GimmeABreak

      "Staring down the 1.5 trillion deficit?" This was a 38.5 Billion cut – that's less than 3% of the deficit. If you take the same ratios, it's like a family that makes $80K per year, spends $125K per year, and is "living within their means" by cutting out less than 2 grand from their spending. We need serious cuts at every level.

      April 9, 2011 at 10:35 am |
    • Jay in NC

      Barry is the one that created the budget deficit. Liberals rewriting history. Thank goodness for Google, everyone can see the trugh.

      April 9, 2011 at 11:20 am |
    • Jen06

      Miers – did you forget your sarc tag?

      April 9, 2011 at 1:44 pm |
  3. Tex

    What a load of crap!!

    "America will leave within her means"-Obama

    What an outright lie with him as POTUS. The guy just spews whatever he thinks the American people want to hear and then does what his Marxist base and George Soros want. The guy could care less about "living within our means". he'll just spend until he's outta office and let others worry about the damage he's done

    Utter failure n

    April 9, 2011 at 12:13 am |
  4. GJPinks

    Live within our means? They are cutting 33 Billion from a 1.7 TRILLION dollar deficit! If he believes that is living within our means, I have a bridge in Brooklyn he can have for only one billion dollars.

    April 9, 2011 at 12:18 am |
  5. John Smith

    Does this "Live withoin our means" include Obama and Congress............ If this is not an inclusive item then we still have that problem....... It's time to start takoing out Democrats and move on to Republicans if things don;'t straighten out shortly. Republicans look like they've blown it again. Revolution may be the last option. Gee a bad option but may be the only one if you still want America.

    April 9, 2011 at 12:20 am |
  6. Real Rick

    and of course the pos potus claims credit? what a spin!

    April 9, 2011 at 12:34 am |
  7. Susan

    What a joke this guy is!! I can't believe anyone in their right mind would vote for this man for a second term.I don't care if he's the first black president. He's incompetent and very dangerous!!

    April 9, 2011 at 12:42 am |
  8. CB

    Neither side deserves any praise and Obama least of all. They wimped out. 38 billion is peanuts. They really achieved nothing.

    April 9, 2011 at 12:45 am |
  9. Kevin Johnson

    What a joke. Barry should hang his head in shame.

    April 9, 2011 at 12:47 am |

      Actually – BARRY is the problem, and he understands what's going on. What most Americans don't see is that he's actually trying to bring down America. There's no other explanation for all that he's doing to hurt us. Come on America, stand up for what is right – and vote this ass out.

      April 9, 2011 at 1:44 pm |
  10. Mayusun

    Ummm, the kid could have looked up at the Washington Monument even if the Government had been shut down.

    April 9, 2011 at 12:54 am |
  11. Jeffery Stutsman

    Is this guy kidding? the guy spends trillions of dollars of borrowed money, suddenly hes a penny pincher? He's been on vacation for months, now suddenly he's the master statesman? Do us all a favor, go on vacation until 2012. I'm real tired of letters from moms and the Majority leader of the Senates friends, be used as some tear jerker script. If we survive as a country it will be inspite of our leaders, not by any greatness on their part.

    April 9, 2011 at 1:01 am |
  12. Greg Buls


    April 9, 2011 at 1:05 am |
  13. Norwegianbear

    Anybody who calls cutting 38 billion out of a 1.64 trillion budget deficit starting to live within our means is seriously mathematically challenged or a fool. That is a meaningless 1% cut from the 2011 budget. The democrats are unethical and the republicans continue to have a weak spines. It is just as well the Aztec calendar runs out in 2012 because Americans have long since run out of common sense.

    April 9, 2011 at 1:10 am |
  14. knowsit

    Since when is spending some $1.5 Trio. in borrowed money annually "living within your means"??
    Since when is borrowing 40 cents out of every Dollar you spend "living within your means"???
    The lauded "Savings" in this budget is not even a rounding error, and the next 2 generations will have to forgo must of the luxuries this spoiled electorate is enjoying right now, while selling their kids future.
    Is the writer of this editorial really so ignorant not to recognize that less than 10 years budget deficits like the current ones will lead us to where the Soviet Union went just 20 years ago, into total bankruptcy??

    April 9, 2011 at 1:42 am |
  15. ONTIME

    So does this mean the Mystery Man we call a POTUS is going to give up a few of his many family, tax paid vacations he uses to dodge his responsibilities or maybe just let his sweetie eat a lot more iceberg lettuce instead of arugala?

    April 9, 2011 at 1:45 am |
  16. grundoon

    Who gives a d**n if the kid's trip get's cancelled. What these idiots just did is decide to cut a whopping 2.6% of this year's $1.5 Trillion deficit and they think that's GOOD!!!!! I'd say lay off 2-3% all federal employees indefinitely and freeze the pay of the rest for 5 years and have a hiring freeze for at least 3 years. That would START to get the government down to size. You could cut the EPA in half, double the SEC inspection staff, defund all 501(C)3s that should be making it on their own like the NEA, NPR, CPB, PBS, etc. that aren't providing a tangible product or humanitarian public service. LIkewise, privatize the post office, allow personal IRAs within Social Security, begin allowing partial privatization of medicare accounts. I could go on and on, but as long as there are vote buying liberal democrats in congress we'll always have give away programs that will entice some group to vote them back into office.

    April 9, 2011 at 1:55 am |
    • iggy

      Let the banks fail and imprison their executives. Tax the rich and their corporations. Cap executive bonuses. Then Americans will swallow the always sound advice to "live within their means". Otherwise, this grandstanding only breeds more cynicism, I'm afraid.

      April 9, 2011 at 10:22 am |
  17. POTUS Jr.

    This guy is such an ass. In fact, they're all a bunch of sophomoric imbeciles. Who do they think they're kidding? This is no cut – and the only thing historic about it is that they all look like a bunch of giddy schoolgirls who just got caught calling their boyfriends. "Tough decisions" my butt. This just goes to show that these people are completely incapable of running this country. This "historic" event would be akin to me losing my house, going broke, owning thousands in credit card debt, and owing taxes over six figures, and then telling everyone I'm doing a good thing by canceling my morning paper subscription to help out my budget. It's a disgrace. What a bunch of clowns.

    April 9, 2011 at 2:03 am |
  18. Ron Mayo

    How will that 8th grade student from Colorado feel one day when he or she realizes just how much their share of the national debt is? And how it affects their quality of life? There is a tipping point when the total yearly income of the federal government is used to meet interest payments of the national debt. It's called bankruptcy.

    April 9, 2011 at 3:14 am |
  19. john phillips


    April 9, 2011 at 3:18 am |
  20. bsimons49

    Hey Obama your Debt credit card still has to be paid and the Chinese are angry.
    Little boy time to pay up.

    April 9, 2011 at 3:35 am |
  21. Tiredofthecrap

    Here is an idea, Have the government live within their means like my family has to. Every American should be ashamed that we have this kind of smarmy showboating by the man who has spent more money than any presdient in the last two centuries. Re-elect this guy at your own peril.

    April 9, 2011 at 3:43 am |
  22. Lance Morrison

    Gee, we are drowning in debt, are the laughing stock of the financial world, and our president is glad we cut a thin slice because a teacher can take her class to see the Washington Monument. What a grand trade-off...

    April 9, 2011 at 4:34 am |
  23. Mike

    Why are the senate democrats so enamored with Planned Parenthood? A couple cancer screenings and the murderous abortion doctors are now saints? I want no part of this – please de-fund this organization!

    April 9, 2011 at 4:45 am |
  24. rowley


    April 9, 2011 at 4:51 am |
  25. Hyon

    This hopefully was just the very small start in cutting our EXTREME deficeit. Real cuts are are coming very soon. Obama will take the credit as did Clinton when the Right cut the budget on 94, and put us on the road to surpluses. Too bad the right lost it's way and helped dig this hole we are in. I really blame us for not holding their feet to the fire back then. Hopefully the "Tea Party" will be successful and keep the preasure on these folks. The left makes me sick.

    April 9, 2011 at 5:06 am |
  26. Cal Clift

    I started to say that this is "politics as normal" but there is nothing 'normal" about it. A pox on both of your houses!

    April 9, 2011 at 5:15 am |
  27. Brian

    "beginning to live within our means" ... really ? Another trillion to cut and then let's feel good about living within our means.

    April 9, 2011 at 5:26 am |
  28. time dearman

    "Historic" in the sense that it summarizes the abject failure of both parties to face reality! And the sycophant press calls it a success.

    We are spending $1.7 TRILLION dollars more than we have and they cannot manage to find more than $38B in cuts! And simply returning to 2008 spending levels – you know, the ones the Dem's so loudly decried when they had Bush to blame, is considered draconian! LOL!

    All the while Obama is quoted as saying: . "But beginning to live within our means is the only way to protect those investments that will help America compete for new jobs.”

    All as they cannot figure out how to reduce a $1.7TRILLION deficit by more than $30B!
    Obviously he and the rest of the lawyers are failures in math as well.

    The really sad thing that these corrupt self serving politicians don’t get is that while they lack the intelligence and maturity to make the necessary cuts, the market will not have such a problem.

    And as others cease to buy our debt because of the lack of our ability of us to contain our own spending, the US will join the ranks of Greece and Ireland in a steady downhill slide.

    Meanwhile the Democrats continue with their sanctimonious sense of entitlement, while the RINOs attempt to use cuts in order to social engineer a narrow right wing liberal religious political ideology. And both have their heads up their @ss.

    And that, along with an utterly @ss-backward foreign policy will be Obama’s real legacy.

    April 9, 2011 at 6:21 am |
  29. gutz22

    Where are we moving forward to?Over a cliff ,2012 can't come soon enough when America can scrape it's shoes off the mess Obozo has caused.

    April 9, 2011 at 6:38 am |
  30. Mike A.

    "Live within our means..." Ha ha ha ha...any politician, from either side of the aisle, that can say that with a straight face deserves an Oscar. Pretty soon here we won't even be able to service the interest on our national debt.

    April 9, 2011 at 6:46 am |
  31. Mainely Doc

    The deficit THIS year is $1.3+ Trillion. Why the theatrics over a paltry $40-50 Billion? When is the real spending crisis going to be addressed.

    I think our President is so stupid that he doesn't know the difference between $1 Trillion and $1 Billion.

    April 9, 2011 at 6:51 am |
  32. Paul K.

    Oh please... spend 8 times more than we bring in so some kid doesn't mess up his school trip? ...talk about not seeing the big picture!

    April 9, 2011 at 6:58 am |
  33. Rascal69

    Yes, it's much more important that this student have a chance to see the Washington Monument while it's open than bring the entire U.S. economic condition into reality. After all, it's only for the children. What a putz.

    April 9, 2011 at 7:00 am |
  34. DR

    Shame on those Republicans for cratering to the Democrats. You guys have no balls at all

    April 9, 2011 at 7:01 am |
  35. Crusoy

    Obama says, "But beginning to live within our means is the only way to protect those investments that will help America compete for new jobs," These are cuts we can believe in. Ouch, they hurt.
    Really?- I wonder if he'll remember his statement when our "adult betters" debate raising the debt ceiling another 2 trillion $.
    Folly, "Go ahead move those deck chairs over there will ya...", pure folly...

    April 9, 2011 at 7:04 am |
  36. JerseyCityKid

    Obama has spent a fantastic amount of money without responsibility. It will burden the next two generations of our descendents unfairly and has the very real potential of taking down the US and he says we must live within our means. To believe that statement you would need a protologist to find your head.

    April 9, 2011 at 7:07 am |
  37. Blax Thoughts

    Again the wonder boy jumps in front of a camera, reads the prompter and takes the credit! He is making Jimmy Carter look better each day! Go take another vacation and see what else you can take credit for!

    April 9, 2011 at 7:23 am |
  38. DCOrangeman

    Who does this guy think he's kidding? Barack Obama is like the man who has a 10,000 calorie dinner, then congratulates himself on slipping a pack of artifical sweetener into coffee he has with his huge dessert by saying, "This is a tough decision, but I have to eat withing my means. This is the largest in my history."

    I can't even listen to him anymore. His every statement is baloney and shows the contempt he has for us all.

    April 9, 2011 at 7:38 am |
  39. Jake Braekes

    Live within our means?
    Let's see, how many vacations on We the People have the Obama's taken within the last year?
    How many has he paid for himself?
    Who takes so many vacations, plays so much golf, shoots so many hoops?
    Only the Presider in Chief.

    April 9, 2011 at 7:54 am |
  40. Bob

    Wow! Our "noble" politicians cut ONE PERCENT of Obama's budget while continuing to fund those who kill unborn babies. Disgusting, spineless bottom-feeders–ALL of them.

    April 9, 2011 at 7:58 am |
  41. John

    "But beginning to live within our means is the only way to protect those investments that will help America compete for new jobs," ... $1.5 trillion annual deficit on the way for 2011, even with the cuts...is he serious??

    "In wrapping up his brief remarks, Obama spoke of a letter he recently received from the mother of an eighth grade student in Colorado who was concerned his upcoming trip to Washington would be canceled because of a shutdown. With a deal in place, Obama said he hoped the students would now "get a chance to look up at the Washington monument and feel the sense of pride and possibility that defines America, a land of many that has always found a way to move forward as one.""... puh-leaze... only the brain-dead would see this statement as relevant. So if the deal wasn't forged, students would have been crest-fallen and depressed?? "...get a chance to look up at the Washington Monument..."??? who writes this drivel???

    April 9, 2011 at 8:00 am |
  42. Cogito

    He has no plan to live within his means or within our means.

    April 9, 2011 at 8:04 am |
  43. george

    Now Obama can take a vacation that's is the most important thing to him!!!!

    April 9, 2011 at 8:06 am |
    • Jake Braekes

      It's actually good that he goes on vacation. The less damage he can preside over. In 2012 let's send him on a permanent vacation. The cowardly Republicans, too.

      April 9, 2011 at 9:36 am |

    I can't read or listen to what this Imposter in Chief says any longer. My stomach turns. "Live within our means"??? We still have a 1.5 TRILLION dollar deficit for this year alone!!! Another 2.9 TRILLION deficits for 2010 and 2009!! SO BIG DEAL. They cut 40 billion dollars. Do you realize that one trillion is 1000 billion? Let me be very clear...LOL.. We need to vote this administration out in 2012. We need to vote out the rest of the congress who are not serious about reducing our deficit. That include the Repbublican leadership. When this country goes down ALL of us we fall too.

    April 9, 2011 at 8:15 am |
  45. Barry Bin Inhalin

    The ESOTUS (Empty Suit Of The United States) speaks. Deep – very deep – did he come up with these words alone of the Mr. TelePrompter help out? I know he has a long, arduous weekend in WIlliamsburg planned – what with golfing and all – and can't be too taxed.

    April 9, 2011 at 8:15 am |
  46. MNB

    Obama really has a major disconnect with reality and no regard for the success of the USA.

    April 9, 2011 at 8:25 am |
  47. SirGareth

    Obama's Planned spending 2011: $4,482 Billion dollars

    Federal Income 2011: $2,217 Billion dollars

    Current Debt $14,200 Billion dollars

    Hurray: The government just "slashed" $00,065 billion from its spending binge.

    April 9, 2011 at 8:34 am |
  48. Bla bla freakin bla

    i only make 100k a year, but this year i'm going to budget for $500k. Should be fine...

    April 9, 2011 at 8:50 am |
  49. George Smith

    In his announcement after the budget agreement, Obama spoke of "beginning to live within our means." This sounds great, but dropping tens of billions of spending from a budget with a deficit of about one and a half trillion dollars falls a long way short of achieving that admirable goal. In discussing this budget, Democrats in Congress accused Republicans of wielding a meat ax, but these cuts are but a drop in the bucket. It will take cuts over a hundred times as large to bring any degree of fiscal sanity to the new budget for next year. Republicans appear to have gotten the message, but will Democrats hear it? We must not only stop this spending binge but reverse it for the country to survive!

    April 9, 2011 at 8:54 am |
  50. Like I'm that stupid

    Obama is full of crap. He's the one who ran the deficit up to new heights now he wants us to stand awe because he is dragged to cutting a mere 38 billion by the Republicans. Excuse me if I have to state the obvious that even the right is too chicken to say " the emperor is naked." I hope he and Muchelle have fun on their 50th vacation this weekend. Too bad the rest of us won't be able to take one since all that wonderful qualitative easing finally catches up with us this summer.

    April 9, 2011 at 8:59 am |
  51. Steve House

    Apparently the President thinks the American people are stupid or not paying attention. He tells us to live within our means when he has signed budgets while in office that have added over 3 million to the national debt. Funny how it wasn't important the last 2 years and suddenly became important after the 2010 elections and his campaign for 2012. He says one thing but does another. This budget still adds to the National debt and the reductions in spending are very small yet the President and the Democrats have fought any cuts while stating that they will be very painful. A fact missed by most stories is that his budget was supposed to be passed by the last Congress but the President and the Democrats did nothing, and have the arrogance to blame the Republicans for attempting to cut government spending. We cannot sustain this deficit spending much longer or we will see complete economic ruin. At least the Republicans are trying to cut spending with little help from the Democrats. It is time for the President and the Democrats to come on board with "real" spending cuts. If not, he needs to stop campaigning for 2012 with his empty " live within your means" talk.

    April 9, 2011 at 9:02 am |
  52. Lassiter

    Seriously, living within our means? Not even close. How about we shut down some of the 700+ military bases worldwide. Create jobs? Based on what? We DON"T MAKE ANYTHING anymore. We're a service driven economy. How about collecting taxes from the huge corporations that somehow escape paying any? It's all blah blah blah and what our "Leaders" don't get is that we've heard it all before, it means nothing, nothing will change, we'll still have endless news cycles on nothing while things like Japan and the radiation issues aren't addressed and you'll still (and rightfully so) assume that whatever is fed this dumbed down populace will suffice and SADLY, you'll be correct. PS, I voted for Obama hoping for change.

    April 9, 2011 at 9:11 am |
    • Gary Hodges

      Sorry you wasted your vote.

      April 9, 2011 at 11:40 am |
  53. Mark

    Obama is so pathetic. What a toddler.

    April 9, 2011 at 9:18 am |
  54. Steve

    "Live within our means"? HUH? Have you read the CBO report lately? What La-La land are you living in? What a complete idiot!!

    April 9, 2011 at 9:39 am |
  55. Mike

    Ummm isn't standing and looking up at the Washington Monument free? I haven't been to DC is 30 years so I was just wondering...

    Its all a very, very sad joke...

    April 9, 2011 at 9:39 am |
  56. sirandrew

    The man is delusional .How he can say such an idiotic statement with a straight face.
    We should have respect for the office of the President but it is hard to have respect for an empty suited community organizer from the cesspool of politics,Chicago

    April 9, 2011 at 9:39 am |
  57. John Q.

    Obama is a phony, a facade when it comes leadership. To get to this September they are going to have to raise the debt ceiling another TRILLION dollars. To get through his term, it's TWO TRILLION dollars. $65 billion isn't squat, and just a slight amount less to "borrow" only! If the Dems and Obama can't get past planned parenthood or Reid's cowboy poets, then they are still "debt-deniers" and not taking it seriously enough. Still kicking the can down the road for special interest's votes while America slowly dies.

    April 9, 2011 at 9:45 am |
  58. Mike B

    This is a very good example showing us why this current group of politicians are not capable of solving the catastrophic problem that looms ahead of us. Maybe the American people are not ready yet to accept the kind of change that must come in our future, but it will come if not by our leaders than by the market place which will tell us that we have lived beyond our means too long. I've always said that in a democracy it is almost impossible to head off a major crisis because it is hard to convince people to take pain before they have to to solve something. This just reinforces my prediction that a large crisis lies ahead. So buckle up and get ready for the ride. It will be one to tell the grandchildren about.

    April 9, 2011 at 9:48 am |
  59. Bob in Indiana

    Since we are going to live long lives as Baby Boomers, our children will rightly hold us in contempt and shame us for allowing this to happen to this country and accumulating real deficits that are already 3-5X what anyone in government will admit.

    April 9, 2011 at 9:54 am |
  60. John W Galt

    I actually felt nauseus when I watched Obama spouting his hypocracy. The speach was just that, empty words designed to appeal to ignorant and clueless. America can do better than this.
    Semper fi

    April 9, 2011 at 9:58 am |
  61. The Big lebowski

    This clown wannabe dictator is simply not capable of opening his mouth without saying something completely stupid. Live within our means?? He is the jerk who doesn't want us to make money in the first place.


    April 9, 2011 at 10:12 am |
  62. The Big lebowski

    Obama clearly does not have a clue how much he is HATED.

    April 9, 2011 at 10:14 am |
  63. obeline

    what's it going to take to wake up/shake up america? an arrogant con man with no personal records is the anointed one?

    April 9, 2011 at 10:15 am |
  64. Thomas Paine

    The captain is taking credit for rearranging the deck chairs on the Titanic. Brilliant!

    April 9, 2011 at 10:16 am |
  65. Anna

    Obama is the biggest liar and biggest disaster to even befall our nation. A fool, a spectacle, a dangerous and bumbling scourge on this country. Live within our means? This ACTUALLY came out of this colossal liar's mouth? How he didn't just burst into flames at that given moment is beyond me. We are so on the verge of total collapse financially it isn't funny, and the things that come out of this jerk's mouth are staggering in their sheer idiocy. Create American jobs my a$$. He either knows nothing of which he speaks or he is the most evil man America ever elected. I think it's a combination of both. Hey, Obama, NOONE with a brain is buying your crap anymore. NOONE that can think believes your lying rhetoric. We'd better get this pos out of office in '12 or it's really over. Think about that the next time you look into your children's faces.

    April 9, 2011 at 10:19 am |
  66. notesonmoney

    There is a lot of BS being handed out by both sides. Reducing the "spending" is a good idea because it tends to reign in government. If using the excuse that we can't afford it works, so be it. The reality is that neither side is telling us the truth about what money is, what it does, where it comes from, that it is not wealth and that we cannot run out of it.


    April 9, 2011 at 10:29 am |
  67. aaron mccullars

    Boy I wish I could be billions in debt and still think I was living within my means. I nominate a new syndrome for these thoughts micheal Jackson syndrome

    April 9, 2011 at 10:32 am |
  68. Foster VonKeet

    It took all THAT to get THIS!?! What is going to happen when they get to the hard decisions? And that day is coming.
    Between legislators that take care of those that take care of them (meaning Wall Street and corporate America) and an American voting public that gets all squishy inside when some hack politician puts the word 'change' in their campaign slogan (Republican or Democrat, no difference) then refuses to vote for any candidate that will actually do something different because they're too far out of the mainstream – nothing will change till it collapses.
    Change will come, we can try and exert some control over it or continue as we are, celebrating trivial accomplishments while the sharks circle our sinking boat.
    Either way, it's going to hurt.

    April 9, 2011 at 10:36 am |
  69. hargen

    Obama is delusional. Starting live within our means? WHAT? We are still running a trillion dollar deficit. Protection our investments? WHAT? That means he protected deficit spending, the opposite of living within our means.

    April 9, 2011 at 10:40 am |
  70. Hyon

    When someone gives you a check and the bank informs you that there are insufficient funds, who do you get mad at? In your own life, you get mad at the guy who gave you a check that bounced, not at the bank. But, in politics, you get mad at whoever tells you that there is no money.
    One of the secrets of the growth of the welfare state is that politicians get a lot of mileage out of making promises, without setting aside enough money to fulfill those promises.
    When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of those who have been promised the benefits, without getting grief from the taxpayers. It's strictly win-win as far as the welfare-state politicians are concerned. But it is strictly lose-lose, big-time, for the country, as deficits skyrocket.
    Anyone who says that we don't have the money to pay what was promised is accused of trying to destroy Social Security, Medicare or Obamacare– or whatever other unfunded promises have been made. It is like blaming the bank for saying that the check bounced.
    It is the same story at the state level as in Washington. The lavish pensions promised to members of public sector unions cannot continue to be paid because the money is just not there. But who are the unions mad at? Those who say that the money is not there.

    “During times of universal deceit, telling the truth becomes a revolutionary act.” George Orwell

    April 9, 2011 at 10:40 am |
    • notesonmoney

      There is one big difference. When your bank account is empty that's all you can spend. When the Federal Gvt's bank account is empty it can make more money. Another difference is that all the money that the Fed G spends eventually flows right back to the Treasury. Not true for the money that you spend. I'm not saying that reducing government spending isn't good. I'm just saying that those who shout that we're "running out of money" are using a hollow argument. The Dems seem to understand this while the Ron Paul followers do not.


      April 9, 2011 at 10:59 am |
  71. godsmotive

    So the country is completely broke and the media is whining about people's vacations getting interrupted if the government shuts down. The people who would be swayed to keep spending rather than risk the Smithsonian closing for a week are MORONS

    April 9, 2011 at 10:59 am |
  72. Steve

    Obama says we need to live within our means, then continues to spend. spend, spend money we don't have. He is one sick SOB.

    April 9, 2011 at 11:01 am |
  73. Gary Hodges

    Living in Indonesia and being indoctrinated by Communists and Socialists never allowed this buffoon to understand American principles and ideals. At least he has an excuse, unlike his partner in crime, FLOTUS. America is doomed, I'm afraid.

    April 9, 2011 at 11:39 am |
  74. palintologist

    I figured out long ago that Soros could indeed pay the salaries of the entire lamestream media, save FOX, Rush and Beck. It appears I was right. Hope all you "journalists" love your kids' rotten futures. How dumb and TRAITOROUS can you be?

    April 9, 2011 at 12:53 pm |
  75. Jen06

    This guy is the poster child of hypocrisy. Jet setting all around the globe with his wife, daughters and mother in law in tow so they can have expensive shopping trips dragging along hundreds of security and entourage with them costing millions of dollars. Vacationing in Hawaii and Martha’s Vineyard at very expensive estates compliments of the American taxpayer. Telling the American people they should trade in their current vehicles and get economical compacts while he rides around in a six mile per gallon limo and his own personal vehicle back in his Chicago garage is a Chrysler 300 with a 5.7 liter Hemi.

    April 9, 2011 at 1:46 pm |

    It's about smoke and mirrors. Both the Republicans, and the Democrats are on the same side. They both belong to the Washington political belief system. It's kind of like the Denver Broncos, and the KC Chiefs. They both oppose each other with each side looking to come out on top...but in the end – they're both in the NFL. It's all a show for us. They were probably having a few beers, laughing it up, telling jokes, and discussing how stupid Americans are as they waited just a few more minutes to come out in front of the TV cameras to tell us what a great thing they did for us. They're playing us for fools.

    April 9, 2011 at 1:54 pm |
  77. Liz Carter in Georgia

    @The Big lebowski; I don't know where your heart/mind was when you said OBAMA doesn't have a clue of how much he's hated, but you are right! He sure doesn't! He doesn't know unless he has taken notice, meditated on my comments, a few others comments, and probably his own wifes' analysis, that he's hated for #(1) being Barack H Obama, the first black PRESIDENT of THE UNITED STATES; #(2) implementing 'projective' change for the good, for ALL, to an existing white 'establishment' that has undeniably FAILED!!

    April 10, 2011 at 4:15 pm |
  78. Liz Carter in Georgia

    Jealous, Jen06. He's not a hypocrite! He's just the PRESIDENT of THE UNITED STATES! You can start by asking BILL & HILLARY CLINTON and GEORGE & LAURA BUSH how much fun they had zipping here and there! Or is it that you'd rather just not see 'this' president doing or being privvy to all of the same perks previous presidents were allowed? Begrudging anyone of their total, complete rightful places and opportunities in life is hateful and deceitful! KARMA, 'THE BIG PAY BACK'! 'As a man thinketh, then so is he'!

    April 11, 2011 at 6:28 am |