Tags: obama | economy | speech | ohio

Washington Post's Milbank: Obama Economy Speech Fallacious

Friday, 15 Jun 2012 10:16 AM

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
President Barack Obama’s big speech on the economy in Ohio was “a falsehood wrapped in a fallacy,” Washington Post columnist Dana Milbank writes.

“The falsehood is that he has been serious about cutting government spending,” Milbank wrote. “The fallacy is that this election will be some sort of referendum that will break the logjam in Washington.”

Obama’s fallacy is that this election will break the stalemate in Washington and allow either his economic vision or that of the GOP to prevail.

“He’s right about the stalemate. But he’s absolutely wrong that November offers an opportunity to break it. No scenario shows either party with a chance of amassing a solid governing majority of the sort Obama had when he took office.

The way to break the stalemate is through compromise, not conquest.

“And that leads to the falsehood. Despite his claim that ‘both parties have laid out their policies on the table,’ Obama has made no serious proposal to fix the runaway entitlement programs that threaten to swamp the government’s finances.”

Milbank said Obama was correct in stating that the GOP’s refusal to consider tax increases scuttled the Bowles-Simpson plan, that their anti-tax stand is a major contributor to gridlock and that Republicans would end Medicare as we know it.

“But none of that is going to help Obama, because he hasn’t come up with a viable alternative. It isn’t enough to claim that the other guys have a bad plan (though they do). As Democratic strategists Stan Greenberg and James Carville wrote in a memo widely discussed this week, Obama needs a ‘new narrative’ that ‘focuses on what we will do to make a better future for the middle class.’

“Instead, Obama’s speech was a rehash of earlier proposals — such as sending more Americans to community college and spending more on clean energy. Those plans for additional spending would be more credible if he had a plausible plan to reform entitlement spending, the biggest driver of future debt,” Milbank said.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

US Coal Mines Nearing Record Low in Worker Deaths

Sunday, 21 Dec 2014 12:17 PM

Less than five years after an explosion fueled by excess coal dust killed 29 men deep inside a West Virginia underground . . .

Florida Police Officer Killed, Suspect in Custody

Sunday, 21 Dec 2014 10:31 AM

A Florida police officer was killed in a shooting early on Sunday, and a suspect was in custody, according to a sheriff' . . .

Chicago Mayor Rahm Emanuel's Son Mugged Near Home

Sunday, 21 Dec 2014 09:00 AM

A spokeswoman for Chicago Mayor Rahm Emanuel says the mayor's 17-year-old son was mugged near the family's home. . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved