Obama’s Next Budget Should Be Really Bad
The Obama administration’s new budget for fiscal year 2013 (begins October 2012) is apparently going to be so bad they have decided to start warning some liberals ahead of time. From The Hill:
Top White House officials are warning liberal and labor leaders to brace themselves for President Obama’s budget proposal.
“A senior White House person said we weren’t going to be happy with the budget, but they’re doing the best they can” given the spending caps set by the 2011 Budget Control Act, said one source.
This just makes me shudder. When I think of just how unacceptably conservative some of the “accomplishments” the Obama administration believes liberals should be bragging about are, I can hardly imagine how terrible this budget must be if even the Obama team is warning that it is bad.
While the Obama campaign is going to try to pivot to talk about jobs, this bad budget is a direct result of Obama’s incredibly misguided pivot last year to spending cuts and deficit hysteria. That was a massive political and policy mistake,. We will continue to feel the negative repercussions from it whether or not Obama has an election year conversion to populism.