Friday's Washington Post ran a column by Charles Krauthammer describing the four parts of the Obama 'sting.'
The first part he refers to as "The Whopper", or President Obama's statement that he had "identified $2 trillion in deficit reductions over the next decade." Actually this is not a deduction in spending--it's just what will naturally occur as the war in Iraq winds down.
The second part he refers to as "The Puzzler", or President Obama's claim that his budget would reduce domestic discretionary spending as a share of GDP to the lowest level ever recorded. This is a result of the out-of-control entitlements that take up more and more of the budget every year. It has nothing to do with any reduction of spending.
The third part he refers to as "The Non Sequitur", or President Obama's statement that the drastic changes he is proposing in health-care, energy and education have some relationship to the financial crisis we are facing now. The reforms he is proposing have nothing to do with the current financial crisis and are not needed or helpful for economic recovery.
The fourth part he refers to as "The Swindle", or President Obama's statement that he intends to cure the budget deficits by entitlement reform while at the same time he is allowing pork-barrel spending larger than we have ever seen, which will lead us to unsustainable debt.
The financial plans of this administration are dangerous to the long-term well being of the country. The reforms in health care, energy, and education will not lead us out of this recession--they will lead us closer to government control over all aspects of our lives.
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