The Conservative Cave
Current Events => Economics => Topic started by: bijou on January 07, 2009, 01:56:24 PM
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President-elect Barack Obama said Wednesday that reforming massive government entitlement programs _ such as Social Security and Medicare _ would be "a central part" of his effort to control federal spending.
Obama made the pledge but provided few details as he named Nancy Killefer as his administration's chief performance officer, creating a new White House position aimed at eliminating government waste and improving efficiency.
Noting that the Congressional Budget Office had just estimated he would inherit a $1.2 trillion federal deficit for fiscal 2009, Obama promised to cut unnecessary spending.
"We expect that discussion around entitlements will be a part, a central part of those plans," Obama said. "And I would expect that by February in line with the announcement of at least a rough budget outline we will have more to say about how we're going to approach entitlement spending."
For the first time, Obama gave a ballpark price tag for his massive economic plan aimed at generating jobs and jolting the country out of recession. Aides have said it could cost as much as $775 billion over two years. Outside economists have suggested as much as $1.2 trillion would be needed.
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http://www.dcexaminer.com/ap/?c=y&id=1232769
Perhaps he'll cut welfare and make the moonbats work. :evillaugh:
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President-elect Barack Obama said Wednesday that reforming massive government entitlement programs _ such as Social Security and Medicare _ would be "a central part" of his effort to control federal spending.
Yeah right. He just wants to know that conservatives aren't spending anything.
I just read that the House is not going to debate Medicare again, even though Obama must still send them recommendations about it.
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creating more govt entities costing the govt more money ,to be the watchdog for govt spending. Silly me I thought the best way to control spending was to spend less not more. Then again I am not an O bamatron.
It's truly amazing the way a lot of folks think the O man is such a well versed well spoken consummate politicion. Granted he may give the Impeached one a run for the money in the Jive talk dept but ol Billy could teach the O Man a thing or two in the smoke & mirrors dept.
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Wasn't Alphonse Capote Gore, when vice-president under the Impeached One, in a job like that, and filed a report about wasteful governmental spending?
One wonders whatever became of that.
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Sigh.
More bureaucracy.
I think it's time to invest heavily in paper companies. The cesspool known as Washington D.C. will churn out useless reports, flawed analyses, and flowery recommendations little of which will be read and just as quickly forgotten.
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Obama names special watchdog for federal spending
Call me old fashioned, but I seem to recall a time where THE *******ED PRESIDENT was the watchdog of Congress' (federal) spending habits. That - theoretically anyway - was the reason THE *******ED PRESIDENT was given the *******ED VETO POWER by the Constitution.
God DAMN! What WILL this dipshit take responsibility for?
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Call me old fashioned, but I seem to recall a time where THE *******ED PRESIDENT was the watchdog of Congress' (federal) spending habits. That - theoretically anyway - was the reason THE *******ED PRESIDENT was given the *******ED VETO POWER by the Constitution.
God DAMN! What WILL this dipshit take responsibility for?
There is a reason he has the nickname of "the Big Zero".
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Call me old fashioned, but I seem to recall a time where THE *******ED PRESIDENT was the watchdog of Congress' (federal) spending habits. That - theoretically anyway - was the reason THE *******ED PRESIDENT was given the *******ED VETO POWER by the Constitution.
damn! What WILL this dipshit take responsibility for?
posing for pictures and reading telepromptors, he has no marketable skills.
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going after waste in entitlements ?
say good bye to Medicare and SS if you have any net worth.
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creating more govt entities costing the govt more money ,to be the watchdog for govt spending. Silly me I thought the best way to control spending was to spend less not more. Then again I am not an O bamatron.
It's truly amazing the way a lot of folks think the O man is such a well versed well spoken consummate politicion. Granted he may give the Impeached one a run for the money in the Jive talk dept but ol Billy could teach the O Man a thing or two in the smoke & mirrors dept.
exactly. the thought that creating additional bureaucracy can possibly make a larger bureaucracy more efficient is, well, deranged.
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Wasn't Alphonse Capote Gore, when vice-president under the Impeached One, in a job like that, and filed a report about wasteful governmental spending?
One wonders whatever became of that.
yep. it was a hugely overhyped endeavor that went by the ridiculous and staggeringly arrogant project title, "Reinventing Government". After a couple of years, it's single accomplishment was a photo op will algore and the clenis standing amidst piles and piles of reams of paper that were allegedly the inefficiencies that they had eradicated.
REGO was toothless; his group had no budget or legislative authority, and probably eliminated nothing at all. they were ultimately a series of recommendations that congresscritters instantly picked apart, or just ignored entirely. in the end, all of the money spent on the initiative was money down a rat hole. the same thing will happen to obama's "chief performance officer". it's just not an original idea, or even close to an original idea.
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Wasn't Alphonse Capote Gore, when vice-president under the Impeached One, in a job like that, and filed a report about wasteful governmental spending?
One wonders whatever became of that.
Indeed, speaking as a Federal employee, we have been subjected to "Improvement" after "Improvement" since the 80s, increasingly so from Teh Goracle era to now, and all without any notable improvement to output, morale, cost, efficiency, or value of a civil service position as a job (once simple office automation and three-card-monte-based accounting tricks are factored out). Fortunately, I will probably be retired by the time the first large batch of Obamite "Improvements" are fully implemented.