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April 18, 2011

Keith Hennessey: Yes, Obama Picked His 12 Year Deficit Window So He Could Claim To Match Ryan's 4.4 Trillion Savings (In Ten Years)

As I suspected on both counts: The 12 year window is chosen to hide the fact that he's really talking about much smaller amounts of deficit reduction, but wanted it to at least look like it was in the same class as Ryan's plan.

And also as I suspected: The majority of savings will start taking place in the conveniently-distant years 11 and 12. Plenty o' time before his bigger cuts begin kicking in. And plenty of time to undo those changes, even if they were done in the first place.

Any serious plan starts with cutting now, not in what science fiction refers to as "the near future." "The near future" is an illusion, a fiction. It's all hypothetical.

Dishonest.

Pair this with his risible "spending reductions in the tax code" and his lies about transparency and signing statements and you can start to paint Obama as dishonest, devious, and, maybe most importantly of all, ridiculous.

Via Instapundit.


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posted by Ace at 03:27 PM

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