There were no yuks Tuesday night, and by my count, his first big smile came 46 minutes into a very sober press conference. It’s no coincidence that he also suffered a setback to his aim of selling the public on the idea that the economy depends on his budget being passed intact.
By Michael Goodwin
New York daily News
“The budget is inseparable from this recovery,” he said, putting his chips on a radical spending, borrowing and tax plan.
It’s a bad bet, one he won’t win – and shouldn’t win.
Peppered with questions about the trillion-dollar deficits his proposal creates and the chorus of opposition from Democrats and Republicans, not to mention concern in Europe and China, Obama had no persuasive answers. His silver tongue seemed tied in knots when he was asked why, despite his promises to cutthe deficit, projections have itrising dramatically – trillionsbeyond what his own office estimates.
The true answer is that Obama wants to spend far more than the nation can afford, even with his huge tax hikes. And the more his plans become clear, the less convincing is his claim that they are all tied to the economic crisis.