Guess what happens on Monday? President Obama sends his budget proposal to Congress. Wow! That's really big news, don't you think? So far today, I have seen four different articles discussing that budget and Obama's strategy for increasing spending. Supposedly, by offering to spend more on the military, the president is going to get the GOP to agree to end Sequestration, the process which has kept federal spending from rising as quickly as it did in the first few years of Obama's time in office.
It is amazing that the media even bothers to care what Obama proposes as a budget. Congress certainly won't care. Over the last six years, Obama has rarely proposed a coherent spending plan for any department or agency, let alone the entire government. We already know that Obama's proposal will be to jump spending back up again. After all, Obama has been touting the "rapid" growth of the economy and the "soaring" recovery. Those claims, however, were based on the good growth numbers from the third quarter of 2014. Now that we have the fourth quarter numbers, we can all see that the third quarter figures were just a one time thing. Both the year 2014 and the fourth quarter came in right about two and a half percent growth. That is hardly the basis for a new spending spree.
So why bother to write so much about something that will end up in the trash receptacles all across the Capitol? My best guess is that Obama himself has never read the proposals in "his" budget and he never will. Congress will ignore it as the fantasy that it is. I bet the reporters who wrote the articles about the budget haven't read the document either. So why tell us about it?
Maybe today is just a really slow news day.
It is amazing that the media even bothers to care what Obama proposes as a budget. Congress certainly won't care. Over the last six years, Obama has rarely proposed a coherent spending plan for any department or agency, let alone the entire government. We already know that Obama's proposal will be to jump spending back up again. After all, Obama has been touting the "rapid" growth of the economy and the "soaring" recovery. Those claims, however, were based on the good growth numbers from the third quarter of 2014. Now that we have the fourth quarter numbers, we can all see that the third quarter figures were just a one time thing. Both the year 2014 and the fourth quarter came in right about two and a half percent growth. That is hardly the basis for a new spending spree.
So why bother to write so much about something that will end up in the trash receptacles all across the Capitol? My best guess is that Obama himself has never read the proposals in "his" budget and he never will. Congress will ignore it as the fantasy that it is. I bet the reporters who wrote the articles about the budget haven't read the document either. So why tell us about it?
Maybe today is just a really slow news day.
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