Home » Opinion » Editorials
Validated math? White House gets message wrong
A week after the election and President Obama is already back in "I won" mode.
During initial negotiations over the fiscal cliff earlier this year, the President asked for $800 billion in tax increases, got an agreement from House Speaker John Boehner on that, then blew up the deal by increasing that figure to $1.2 trillion. He now insists on $1.6 trillion in tax hikes.
Jay Carney, White House spokesman, was quoted by an NBC News reporter as saying of the election, "We've earned some credibility ...that we know our arithmetic."
Would that be the arithmetic of the President's 2013 budget, which would raise the national debt from $16 trillion this year to $25 trillion in 2022? Or would it be The New York Times' arithmetic, which showed earlier this year that letting the Bush tax rates on "the rich" expire would bring enough revenue to cover only 13 percent of Obama's projected federal deficit in 2015 and only 9 percent by 2030?
The election was hardly a validation of Obama's budget math. It was a mandate for compromise. As expected, that spirit is woefully lacking from the White House, at least so far.
READER COMMENTS: 0
- Ian Clark's Monarchs Notebook: Berube makes most of his shot - 0
- Red-hot Monarchs top Wolf Pack on the road - 0
- Deslauriers comes through in the Nick of time for Monarchs - 0
- Ian Clark's On Hockey: Rookie makes most of chance - 0
- Monarchs cut Ullrich - 0
- Monarchs fall in Sunday shootout - 0
- Sabourin's two goals pace Monarchs past P-Bruins - 0
- Ian Clark's On Hockey: Monarchs' 'kids' get job done - 0
- Monarchs roll past Sharks, 4-1 - 0
READER COMMENTS: 6
- UPDATE: Portsmouth woman, 60, identified after her body is found in creek - 0
- N.Y. man charged with reckless conduct after accidental shooting in Nashua - 0
- Cases against Keene 'Robin Hooders' dismissed by judge - 4
- Task force arrests man in Nottingham for Candia burglary - 1
- Police: Salem man used car keys to stab officer in hand - 0
- Manchester muffler shop burglarized - 0
- Boy, 12, struck in Newton remains hospitalized - 0
- State revenue under projections for November - 1
- Armed man arrested after Manchester convenience store robbery - 0
John DiStaso's Granite Status: Bob Smith ready to hire campaign manager for his 2014 US Senate run
Push to block casino in NH ramping up