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
- Manchester Youth Leadership Academy will start Sept. 23 - 0
- New school year kicks off in style in Wilton/Lyndeborough - 0
- PSU recognizes 3 professors for their scholarship, service - 0
- Unity Elementary School off to late start - 0
- La. Gov. Jindal files federal lawsuit over Common Core - 0
- Central High parents reminded to use caution when dropping kids off - 0
- New Manchester school district standards to give teachers more leeway - 4
- Construction to begin on Hollis playground - 0
- New Derry school year launch honors everyday heroes - 0
READER COMMENTS: 0
- On Baseball: Fisher Cats manager Meacham learned a few things, too - 0
- First and 10: Old No. 1 begins as new No. 1 - 0
- NHIAA Girls' Soccer Preview: All eyes on Bedford, Exeter - 0
- Another View -- Dan McGuire: We Free Staters are not some threat to be feared - 0
- Taxpayer rights: Left, right should restore them - 0
- Hooksett highs: A good multiple choice test - 0
- No paper Monday - 0
- Patriots' Garoppolo solid, but Giants eke out 16-13 win in preseason finale - 0
- Education business tax credit program upheld - 0
Enter to win tickets to see Paula Poundstone
Win tickets to see Steven Wright
Where is Shaheen? Hiding from you
Weekly brother gave police wrong name
Hooksett highs: A good multiple choice test