Obama’s 2012 Budget Sham

by Sal on February 14, 2011

in Economy,Politics

Anyone who’s ever read the George Orwell novel 1984 knows of the concept of Newspeak, a way of using rhetorical tricks to convince people that a lie is true.  Obama has released his 2012 budget proposal, and it is a classic example of Newspeak.  In it, Obama claims to be “cutting the deficit”.  The budget proposal is $3.73 trillion, down slightly from his FY 2011 budget proposal of $3.8 trillion, producing a “savings” from last year’s proposal of only $70 billion.  He does this mostly from raising taxes.

So here is where is where Obama’s Newspeak comes in.  In his 2011 budget, Obama projected that outlays for 2012 would be $3.755 billion.  However, this assumed a rate of growth in non-defense discretionary spending (NDDS).  By putting in place his so-called “freeze”, he is simply not growing government as fast, rather than actually cutting anything in the NDDS bucket (he is proposing some defense cuts).

However, let’s look at the budgets since President Bush left the White House in 2009.  Bush’s last budget proposed $3.1 trillion in spending (still too high) with a $400 billion deficit.  Since Bush left the White House, Obama’s budget proposals have been:

  • 2009 Part II:  With the addition of TARP and Porkulus increased the deficit from Bush’s proposed $400 billion to $1.4 trillion.
  • 2010:  Obama’s budget proposal was $3.55 trillion
  • 2011:  Obama’s budget proposal was $3.8 trillion
  • 2012:  Obama’s budget proposal is $3.73 trillion, still up from 2010 and even further up from Bush’s last budget

So Obama, after increasing spending from $3.1 trillion to $3.8 trillion in two years, decides to back down to $3.73 trillion mostly by raising taxes, and claims to be a finally bringing fiscal discipline to Washington.  In this case, as in most cases with Barack Obama, the rhetoric does not match reality.

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Time to Tackle Entitlements | Axis of Right
February 16, 2011 at 9:05 am

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