Obama: Tomorrow We Scrimp, But Tonight We Spend Like There's No Tomorrow!

courtesy White Housecourtesy White HouseThe ever-credulous Washington Post reports just the facts in a science-fictional piece titled "Stimulus aside, Obama vows future budget restraint." Read some details and decide for yourself whether the truth is out there:

Two weeks away from assuming the presidency, Obama vowed Tuesday to "bring a long-overdue sense of responsibility and accountability to Washington" and called the need for budget reform "an absolute necessity."...

"Many will focus on the upfront cost of this legislation," [House Speaker Nancy Pelosi (D-Calif.)] was to tell a House Democratic Policy and Steering Committee forum, according to an excerpt of her prepared remarks. "While we are not discussing small sums, focusing on the price tag alone ignores the cost of inaction and the real payoff in terms of job creation and increased revenues to our Treasury."

While promising to fight waste and to make tough budgetary decisions, however, Obama warned that the nation could face trillion-dollar deficits for years to come. Eight years ago, the federal budget ran a surplus; the deficit on Sept. 30 was about $455 billion. That was before the government began spending nearly half of a $700 billion bailout fund for the financial sector....

Obama has not detailed solutions for vexing problems such as growing demands on Social Security and Medicare. His prescriptions to make government accountable could easily run aground, much like those of predecessors who vowed to tackle government waste, fraud and abuse.

That's the same Obama who's pulling for a $775 billion stimulus package. And who has been trotting the spend-now, save-later line to sellout crowds for months now. That's the same Nancy Pelosi, by the way, who came into power saying the Dems would enforce fiscal discipline and then pushed a farm bill that blew the stops out on subsidies and whatnot.

The laffs continue here.

The good news is that Obama is not from Texas. Both LBJ and George W. Bush spent like not just drunken sailors but like falling-down-drunk drunken sailors. Inflation-adjusted discretionary spending increases during the past half-century have averaged 1.7 percent, with LBJ and Bush hitting high notes of 6.6 percent to 14.8 percent. Who wants to bet Obama's first budget comes closer to the high numbers than the low?

To stoke your fears of a unified government and spending (and that was all before we became the bailout nation), go here.

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  • Elemenope||

    That soup must have a mighty reputation, because he sure seems pretty excited.

  • LurkerBold||

    I hope that he is going for full nationalization of all corporations rather than these ineffective 1% solutions.

  • ||

    How telling, that Pelosi sees the real payoff as increased tax collections down the road.

  • ||

    Ah, the Voracity of Hope. It can end in only one way:

    CONGRESS: And finally, monsieur, a wafer-thin mint.

    MR. OBAMA: Nah.

    CONGRESS: Oh, sir, it's only a tiny, little, thin one.

    MR. OBAMA: No. Fuck off. I'm full.

    CONGRESS: Oh, sir. Hmm?

    MR. OBAMA: [groan]

    CONGRESS: It's only wafer thin.

    MR. OBAMA: Look. I couldn't eat another thing. I'm absolutely stuffed. Bugger off.

    CONGRESS: Oh, sir, just--just one.

    MR. OBAMA: [groaning] All right. Just one.

    CONGRESS: Just the one, monsieur. Voilà.

    [vomiting and a fatal explosion ensue]

  • phalkor||

    why would full nationalization of corporations be effective? effective at doing what?

    can someone explain to me the advantages of governmental control over all means of production? isn't that kind of like how France is?

    furthermore, why am i on H&R at work? don't I have something to do? should I be worried?

  • LurkerBold||

    Dean,

    If we had a sensible economic system in this country we could eliminate taxes in less than a decade.

  • Nigel Watt||

    While we are not discussing small sums, focusing on the price tag alone ignores the cost of inaction and the real payoff in terms of job creation and increased revenues to our Treasury.

    If you are spending more than the increased revenues to "your Treasury", that's not a benefit, you ignorant bitch.

  • ||

    I have a cunning plan. Let's set payroll deductions to 100%, then the government can refund what it thinks we each need on April 15 ("National Pay Day"). From each according to his ability, to the government according to its bottomless need.

  • Xeones||

    That picture is hilarious for some reason.

    Course, we bought that soup for him.

  • ||

    What is that, minestrone? Fuckin' Europhile--American soups not good enough for him?

  • ||

    Let's set payroll deductions to 100%

    But what about the rich?! It's only fair that they pay more. 170% ought to do it until we get all the ponies distributed.

    Then we'll scale back. Promise.

  • ||

    The more you spend, the more you save!

  • Other Matt||

    Change!

    How telling, that Pelosi sees the real payoff as increased tax collections down the road.

    Pelosi would see a real payoff in being raped by a donkey if it involved a political position giving her control of others.

  • Elemenope||

    What is that, minestrone? Fuckin' Europhile--American soups not good enough for him?

    Funny. I'm having minestrone for lunch.

  • ||

    isn't that kind of like how France is?



    No, actually, it isn't.

    And, for heavens sake, stop feeding the troll.

  • Elemenope||

    Course, we bought that soup for him.

    Are you opposed to paying your employees? That's pretty odd.

  • Elemenope||

    And, for heavens sake, stop feeding the troll.

    But, but, but...if we feed him and make him big & fat, we'll have a *waddling* troll! Won't that be neat?

  • ||

    Both LBJ and George W. Bush spent like not just drunken sailors but like falling-down-drunk drunken sailors.

    As a former drunken sailor I object to the absurd charcterization of inebrieted mariners as spendthrifts. I drank in the cheapest waterfront holes all around the Pacific rim amply demonstrating that drunken sailors possess far more fiscal responsibiligty than politicians in D.C.

    If this were Canada I'd be hauling Niuck Gillespie before a Human Rights Commission.

  • ||

    NBC news (the regular nightly one) reported on Joe Biden being sworn in as Senator last night thusly:

    "Biden has continued to receive his salary as a Senator throughout the presidential campaign. Biden is not a wealthy man." [emphasis mine]

    And that was it. Can someone explain that qualifier to me? What's the standard and why is it relevant other than as an apology?

  • ||

    In the past 20 years we have tried every combination of government; Dem President/Dem Congress, Rep President/Rep Congress, Rep President/Dem Congress, and Dem President/ Rep Congress. Only the last one has ever given the country any sense of fiscal sanity. If the voters are not smart enough to divide the government in 2010, then they deserve going bankrupt.

  • Tyler||

    We all know what's going to happen. If the economy gets any better, it will be attributed to the stimulus and public spending will continue to increase.

    But if it gets worse, which is more likely, then it will be said that we just didn't spend enough, and spending will increase.

    The problem is the widespread belief in Keynesian economics, made worse by the fact that politicians never actually decrease spending and raise taxes when times are good anyway.

  • phalkor||

    Frbunny, there is no consistent standard. By any rational measure (that is based on average household assets) Biden is a wealthy man. The qualifier is just so stooges can think "oh he's just like me!".

    The attempts to show wealth as a bad thing in public life baffle me. Wasn't the opposite true in centuries of yore?

    I promise, no more feeding of the trolls, I just assumed I was also a troll, trolls gotta eat you know.

  • Elemenope||

    Only the last one has ever given the country any sense of fiscal sanity.

    It is fairly easy to be fiscally sane when you have a lot of money...less so when you don't. I think in all honesty the performance of the economy during those periods was a greater determinant of the fiscal austerity of the government than the party affiliations of the leaders of the branches of government.

  • ||

    I know I can lose weight if I just eat more chocolate cake.

  • Xeones||

    Are you opposed to paying your employees?

    Of course not. But then, i didn't hire him.

    I bet it's Spaghetti Os, and dude looks like he saw his own name in it. Which, i'll admit, is pretty exciting.

  • ||

    No, no, feed the troll. Then, at the appropriate time, give him a wafer-thin mint.

    Elemenope,

    I kid, of course. Minestrone and pasta fagioli are among my favorite soups.

  • ||

    ...drunken sailors possess far more fiscal responsibiligty than politicians in D.C.



    Yeah, next he'll be calling politicians prostitutes or whores, thus libelling that noble profession.

  • Elemenope||

    Of course not. But then, i didn't hire him.

    Your company did, so you might wanna start dealing with that fact. Don't be "that guy". ;) I always found the left-wing move to start saying "Bush, he's not my president!" to be really obnoxious.

    I bet it's Spaghetti Os, and dude looks like he saw his own name in it. Which, I'll admit, is pretty exciting.

    ROFL.

  • troll||

    MMM...BEEFY!

  • Nigel Watt||

    What the hell is the painting in the background of that picture?

  • ||

    What the hell is the painting in the background of that picture?

    A shining example of the shitty art the social realism movement creates?

  • Mark||

    It seemed like no one cared about fiscal before Obama got elected so I'm not exactly impressed by any Republican band-wagoners who now want to cry about anything Obama does that they've been doing the last 8 years or so.

    OMG he's increasing the Debt! Yeah, I've had to listen to Neal Boortz tell me how great the federal debt is and how we shouldn't worry about it because we'll out grow it anyway. Of course, now he's changing his tune.

    *sigh* I hate it when either party gets so wrapped up in the power struggle that they'd rather destroy the country just to spite the other party.

  • cunnivore||

    Is that Colin Powell in the background?

    This picture is amazing on so many levels. Still not the greatest picture in H&R history though, not by a long shot.

  • ed||

    the Dems would enforce fiscal discipline

    "Enforce fiscal discipline."

    Translation: Lie through their botoxed lips.

  • ||

    I bet it's Spaghetti Os, and dude looks like he saw his own name in it. Which, i'll admit, is pretty exciting.

    Yeah, but that kid over his shoulder looks awfully bummed out. I bet he took it from the kid. That's stimulus eating for ya.

    And besides, it is clearly Chunky soup. It's the only soup that garner that type of reaction from its customers, at least going by the commercials.

  • creech||

    Time to bring a "long overdue sense of responsibility and accountability to Washington." What is this code for?
    "My party has controlled Congress for two years already and did nothing. I was too busy running for President and promising goodies to notice the irresponsibility and lack of accountability. Cong. Frank assured me, however, that there was no problem with Freddie and Fannie. Besides, it is all Bush's fault. Thank goodness, Americans are extremely gullible. Now, I've seen the light . Believe me, you can hope I've changed."???

  • ||

    With the picture, headline and story together, Reason has achieved thee perfect confluence of snark.

    Bravo!

  • Other Matt||

    Translation: Lie through their botoxed lips.

    Followed by a fit of joe-like "I never actually SAID I was going to enforce it! And, discipline means that you SPEND it quickly, yeah, that's it!"

  • .||

    One must earn those single-digit approval ratings.

  • Nigel Watt||

    This picture is amazing on so many levels. Still not the greatest picture in H&R history though, not by a long shot.

    That is an epic thread.

  • ||

    I'm not exactly impressed by any Republican band-wagoners who now want to cry about anything Obama does that they've been doing the last 8 years or so.

    You realize that game never ends, right? You're doing exactly what you decry: deferring an objective judgment of his actions/ideas based on the Red v Blue game.

    Still not the greatest picture in H&R history though.

    How is that link not lobster girl?

  • ||

    "I think in all honesty the performance of the economy during those periods was a greater determinant of the fiscal austerity of the government than the party affiliations of the leaders of the branches of government."

    In fairness though, the economy wasn't as good as people remember in 93 through 96. The boom really took off after 96. Clinton and Gingrich really did pass some sane policies. Granted they were busy investigating and trying to destroy each other, but in the mean time spending didn't go through the roof and a few things got done. I think Obama could do the same thing if, and this is a big if, the Republicans could give him someone to work with. As it is with Reid and Pelosi running things, we are fucked.

  • ||

    Nicodemus,

    I think it reigns because of the thread it created, which will definitely be in the Hit & Run coffeetable book.

    We could even point them to Epic Threads... my noms.

    Your Tears Are So Yummy and Sweet
    There's Safety in a Union

    Also, one of the early Palin threads was just fucking nuts, but I can't seem to google the right one up...

  • Xeones||

    Your company did

    Sort of true, but the metaphor has gotten all soggy at this point.

    I just noticed that the other guy in the picture looks ridiculously stoked too.

  • Other Matt||

    There's Safety in a Union

    That was vintage joe, you're right, it should be in a coffee table book.

    Not that it has anything to do with Obama's apparent willingness to spend double digit multiples of income, though.

  • Egosumabbas||

    Obligatory caption:

    Eat the rich

  • ||

    First, the greatest Hit & Run photo ever was, of course, the Lobster Girl. The Santorum thread was the greatest snarkfest ever.

    Second, that is Colin Powell.

    Third, the painting is Young Obama Vomiting America (in oil).

  • stuartl||

    What is that, minestrone? Fuckin' Europhile--American soups not good enough for him?

    How can you be so insenstive? That is good old american senate navy bean soup.

  • eah||

    OMFG! It's Keynesian economic stimulus 101. The horror. The horror. The end is niegh.

    Never mind, of course, that the overwhelming majority of the world's economists--those individuals who actually know what they are talking about--are more or less New Keynesians.

  • ||

    Widespread stupidity will suddenly morph into genius, eh? Reality by democracy. Neat.

  • Phil Gomes||

    Oh... *This'll* work...

    http://www.reuters.com/article/economicNews/idUSN0748633420090107

    The answer for reigning in gov't spending is to create a new senior-level cabinet position focused on reigning in government spending?

    *sigh*

  • guy in the back row||

    What the hell is the painting in the background of that picture?

    I thought it was Obama's good angel whispering in his ear.

  • ||

    new senior-level cabinet position

    But don't you see? He's doing something! He's taking action! He's moving forward! He's exploring creative solutions! He's...

    Aw Christ, I can't even mock it without vomiting. Win!

    On a positive note, I now have a new cache of dead-baby jokes thanks to SugarFree's Epic Threads.

  • Xeones||

    Second, that is Colin Powell.

    Actually, if you click on the picture, the man in the background turns out to be Chairman of the Louisiana Recovery Authority Dr. Norman Francis, the soup is gumbo, and the setting is a New Orleans restaurant called... Dooky Chase. Reality, then, is almost as funny as conjecture. No mention is made of the terrible painting.

  • ||

    Okay, that is gumbo, on closer inspection. I didn't know that Colin Powell owned a New Orleans-style restaurant. That's great food.

    The key to understanding Obama and the tenor of his administration is this: What's in the gumbo? If it's a shrimp gumbo, that indicates weak character and lack of resolve. If it's crawdad, then he's got character but will be cursed by bad luck. Only if it's a true seafood gumbo (mixed with Gulf shellfish and fish but including at least oysters and redfish) will he have a successful term in office.

    What does he use to thicken the gumbo? Filé or okra? If he uses both, he's a damned fool. And if the roux is not dark, then he's incompetent as well.

  • ||

    Okra is the reason I know that there is no God.

    Or only, at best, an idiot Demiurge.

  • ||

    I grew up hearing my mother tell me that I loved fried okra. I'd say, "No, I don't", then she'd come back a few months later and insist on my okra love again. She did the same thing with fried liver. I bet she tells her friends today about me loving fried okra and liver as a meal. I get my revenge by constantly referring to Oprah Winfrey as Okra Winfrey.

    Along similar lines, to this day, my younger brother gets a little annoyed when I remind him about Mom giving him a German chocolate cake for his birthday, telling him that she made sure to get his favorite. Wrong! That would be the other boy's favorite. I laughed and laughed and laughed that day, let me tell you. And ate lots of cake. It's good to be the first born.

    I'm okay with okra in gumbo, but I prefer the filé option.

  • ||

    filé > okra

    Strangely, I like pickled orka and no other form. Pickling almost completely breaks down the mucilaginous interior hideousness.

    Nice on the cake trick.

  • ||

    I like the think that my mother's error was due to some sort of insidious and criminally subtle maneuvering on my part. Not that I'd do that to my brother now--I'd jump on an H-bomb for him today. Go figure.

  • Other Matt||

    Not that I'd do that to my brother now--I'd jump on an H-bomb for him today. Go figure.

    Getting older does have that effect, I've noticed myself. 'cept towards my youngest alcoholic brother that gets drunk and goes on obnoxious rants, age doesn't seem to fix that.

  • ||

    My brother's worthy of me being turned into some sort of mutant superhero from a nuclear blast.

  • ||

    Query for the Obama fans: If Obama found the One Ring, would he attempt to wield it or to destroy it?

    I'm not a fan, but I vote wield it.

  • Xeones||

    Oh, he'd wield it. Are you kidding?

  • Other Matt||

    Oh, he'd wield it. Are you kidding?

    Agreed, but I'm not an Obama fan so I'm not the target group.

  • cunnivore||

    First, the greatest Hit & Run photo ever was, of course, the Lobster Girl.

    Sorry, I disagree. While I definitely appreciate photos of top-heavy scantily clad women striking romantic poses with dead invertebrates, every time I look at that Santorum family picture I find something new to laugh at. We need some sort of playoff system.

  • ||

    cunnivore,

    Lobster Girl is part of our culture; Santorum girl is part of our history. Big difference.

  • ||

    We'll Bust Up Al Qaeda Just Like We Busted Up AT&T absolutely must be included in the Classic H&R Threads coffee table book.

    "Big terror" needs competition.

  • ||

    J sub D,

    Even without rereading that thread, I hasten to agree with you--that's definitely one of my very favorites. Big Terror, indeed.

  • ||

    You guys make it far too easy to procrastinate ;)
    Too bad calculus homework and wine thirty don't mix.

    "Pah, rum! I never mix my pies!"

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