The Latest Lame Obama Administration Strategy to Reduce the Debt

by Pejman Yousefzadeh on June 29, 2011

Engage in class warfare. Because, of course, our current fiscal crisis stems not from low economic growth, revenue-consuming entitlements, and a bizarre tax system. No, it stems from the fact that there are corporate jets flying about.

For those who are actually interested in engaging in fiscal reality, this is about as crazy as is blaming the deficit on earmarks, and waste, fraud, and abuse.

Relatedly, it is amazing that the President can stand up in front of the press corps and claim that Congress was responsible for spending all that money. As though the Obama Administration never pushed for things like, say, an expensive health care reform package, or a $787 billion stimulus bill.

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