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Author Topic: White House putting off release of budget update  (Read 3792 times)

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Offline bijou

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White House putting off release of budget update
« on: July 20, 2009, 08:23:01 AM »
WASHINGTON (AP) - The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today's bleak landscape.

The administration's annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama's budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.

The release of the update - usually scheduled for mid-July - has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess. ...

http://apnews.myway.com/article/20090720/D99I4A0G0.html


Obama is no better than Sylvia Browne when it comes to economic predictions.

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Offline Wineslob

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Re: White House putting off release of budget update
« Reply #1 on: July 20, 2009, 09:37:57 AM »
Quote
Obama is no better than Sylvia Browne when it comes to economic predictions.



Don't give the asshole any ideas.   :hammer:
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Offline RightCoast

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Re: White House putting off release of budget update
« Reply #2 on: July 20, 2009, 10:52:00 AM »
Nothing to see here please move along, nothing to see here.
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Offline thundley4

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Re: White House putting off release of budget update
« Reply #3 on: July 20, 2009, 11:10:17 AM »
Quote
The release of the update - usually scheduled for mid-July - has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess.
The administration is pressing for votes before then on its $1 trillion health care initiative, which lawmakers are arguing over how to finance.

Let's hold off on releasing the bad economic news until congress votes on a bill that will make the economy even worse.  0Bama and his minions know that support for government intrusion into healthcare is falling.  More bad news about the economy will further erode that support. Transparent administration, my ass. He wants to keep everyone in the dark and ram his left wing agenda through with as little debate as possible.
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Offline DumbAss Tanker

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Re: White House putting off release of budget update
« Reply #4 on: July 20, 2009, 01:51:23 PM »
And they seriously think that economic/finance reporters across the spectrum can avoid having to talk about this and then having to draw the only obvious conclusion...?

 :mental:
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Offline bijou

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Re: White House putting off release of budget update
« Reply #5 on: July 20, 2009, 01:54:19 PM »
Quote from: DumbAss Tanker on July 20, 2009, 01:51:23 PM
And they seriously think that economic/finance reporters across the spectrum can avoid having to talk about this and then having to draw the only obvious conclusion...?

 :mental:
I guess they think that the press is so in the tank for them that it won't be highlighted. They could be right.  :(
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Offline DumbAss Tanker

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Re: White House putting off release of budget update
« Reply #6 on: July 20, 2009, 02:37:41 PM »
Quote from: bijou on July 20, 2009, 01:54:19 PM
I guess they think that the press is so in the tank for them that it won't be highlighted. They could be right.  :(

Credibility and accuracy of prognostication actually matters a whole lot more to the financial press than it does to the touchy-feely human interest insubstantial reporting that makes up the remainder of the MSM.
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Offline bijou

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Re: White House putting off release of budget update
« Reply #7 on: July 20, 2009, 02:43:01 PM »
Quote from: DumbAss Tanker on July 20, 2009, 02:37:41 PM
Credibility and accuracy of prognostication actually matters a whole lot more to the financial press than it does to the touchy-feely human interest insubstantial reporting that makes up the remainder of the MSM.
Perhaps vanity and arrogance got in the way of that insight then. Maybe the bloom is about to come off 'hopey changeyness'.  :-)
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Offline miskie

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Re: White House putting off release of budget update
« Reply #8 on: July 20, 2009, 04:00:39 PM »
Quote from: thundley4 on July 20, 2009, 11:10:17 AM
Let's hold off on releasing the bad economic news until congress votes on a bill that will make the economy even worse.  0Bama and his minions know that support for government intrusion into healthcare is falling.  More bad news about the economy will further erode that support. Transparent administration, my ass. He wants to keep everyone in the dark and ram his left wing agenda through with as little debate as possible.

This statement couldn't be any more correct. So much for 'transparency' .. Actually -- what Obama is doing is entirely transparent to anyone paying attention.
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Offline BlueStateSaint

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Re: White House putting off release of budget update
« Reply #9 on: July 20, 2009, 04:30:04 PM »
Quote from: miskie on July 20, 2009, 04:00:39 PM
This statement couldn't be any more correct. So much for 'transparency' .. Actually -- what Obama is doing is entirely transparent to anyone paying attention.

But not the way the Obots want it to look.
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Offline Airwolf

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Re: White House putting off release of budget update
« Reply #10 on: July 20, 2009, 05:15:55 PM »
My wallet shakes when Barry Big Ears talks and the sound of the "Theme from Jaws" starts to play.
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Offline ironhorsedriver

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Re: White House putting off release of budget update
« Reply #11 on: July 20, 2009, 05:31:05 PM »
Got to have time to doctor it up a little bit.
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Offline Sam Adams

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Re: White House putting off release of budget update
« Reply #12 on: July 21, 2009, 10:10:14 AM »
Quote from: thundley4 on July 20, 2009, 11:10:17 AM
Let's hold off on releasing the bad economic news until congress votes on a bill that will make the economy even worse.  0Bama and his minions know that support for government intrusion into healthcare is falling.  More bad news about the economy will further erode that support. Transparent administration, my ass. He wants to keep everyone in the dark and ram his left wing agenda through with as little debate as possible.

You are right, but the good news is that Congress won't vote on health care until after Labor Day, apparently. That should make things interesting.
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Offline Tess Anderson

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Re: White House putting off release of budget update
« Reply #13 on: July 21, 2009, 01:58:34 PM »
Now,  a "key committee" has postponed voting on the healthcare bill indefintely, since they didn't have enough votes. That won't work with this budget, though, the numbers will have to be made public pretty soon.

So Congress is about to go on recess again? Ought to be interesting matching the members interact with the public now.

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Offline JohnnyReb

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Re: White House putting off release of budget update
« Reply #14 on: July 21, 2009, 05:32:23 PM »
Quote from: ironhorsedriver on July 20, 2009, 05:31:05 PM
Got to have time to doctor it up a little bit.

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Offline NHSparky

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Re: White House putting off release of budget update
« Reply #15 on: July 21, 2009, 06:35:32 PM »
Amazing how quickly the hopeychangey sheep abandon him when reality bites them all in their collective wool-laden asses.
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