They are also trying to come to terms that the GOP put an elderly candidate up for the Presidential election who admittedly knew very little about Economics; during an economic contraction the likes that this country hasn't seen since the 1930's
Obama knows nothing as well. During the crisis last fall he stayed on the campaign trail and said nothing. He thinks increasing medicare is economic stimulus, etc.
The difference is that Obama was branded as some sort of genius by the democrats. They think it not what you say, but how you say it.
I see the old Bill Clinton imitation coming out lately more and more, the guy is out on campaign mode telling everyone that 'we' gotta get 'this' budget under control. Clinton perfected the art of attacking his own ideas as if he were a concerned outsider. The logic is to distance yourself from your own actions so that you can always say that you 'opposed' the plan if it didn't work. It works on stupid people.
So by his own estimates we will have about a 17 trillion dollar debt in his 10 year plan, and then entitlements, which he wants to expand, start to kick in. That's his own grand plan for 'pulling us out of this quagmire' as Thunderdog puts it. If you are not fearful, you don't have a brain.
He wants expanded medicare and comes up with assinine ideas for how to pay for it. He's gonna attack Caterpillar for offshore money
http://www.bloomberg.com/apps/news?pid=20601103&sid=aMcOXNkHsTWg the very company he visited and promised that he would save them. The list of idiotic high level and meaningless 'on-paper' ideas has begun, but the money commmitted will be real. This has been going on for 30 years now- congress finds ways to save on paper. Guess what, they never work out as they brilliant bureaucrats say they will. If you are not afraid of this, you must be drunk. If you think this sort of bullshit is new, you must be challenged.
I was amused that boy genius was slapped down quickly by his own, this is only the beginning.
Obamaâs 2010 budget proposes to pay for his health plan in part by raising $267 billion from limiting deductions by upper- income taxpayers for items such as charitable donations and home-mortgage interest. The Senate unanimously rejected that idea last month, citing potential harm to charities.