Tag: Deficit

Charles Krauthammer suggests that Obama (D-Kenya) is selling snake oil when he says that he will not sign a bill that will add to the Deficit.

“Obama last night sounded smooth, polished, strong and convincing, and what he was selling was snake oil, that was a completely bogus claim. When he talked about what would be in his bill and how he would not end up with a dime of deficit, he said it will cost almost a trillion dollars and the majority of it, more than half, will come from what? from removing waist, fraud and abuse from Medicare. Now that’s an insult to the intelligence of the American people.

That phrase was a joke when it was used by Richard Nixon in 1971, and if there’s all this waist and abuse in the system waiting to be squeezed out, why hasn’t he started already, where is it, why does he have to have a bill? If you tell us that Medicare is destroying our budget and our economy he ought to be on this from day one and we’re 8 months in, why doesn’t he start today and give us a report in 6 months how the attack on waste and abuse is going?

That was a fraud. I mean, a lot of the stuff he sold, again, smoothly and extremely effectively, was amazing.

What he offered last night was the greatest free lunch.”