Barry says that he hopes, and intends to be even a better president in the second term than he was in his first. Is that not most ridiculous thing you’ve ever heard? Let’s face it, if you’re someone who loves their country, he pretty much sucked the last four years. But, if you happen to hate this country as much as he does, then I suppose you’re thinking it’s going to be hard for him to do better. Call me a cynic, but I'm not holding my breath that he’ll complete some startling metamorphosis to where I can expect the next four years to be any better than the last four. In fact, according to Congressional Budget Office (CBO) things are liable to be a whole lot worse.
Because I'll tell ya, as of right now the CBO is less than optimistic about what lies ahead in the not too distant future. You see, according to its most recent estimates, our unemployment rate will rise to 9.1 percent and a mild to severe recession could take place if Congress and Barry "Almighty" don't solve the budget and taxation crisis known as the fiscal cliff. But what seems to be going completely ignored here is the fact that Barry doesn't want to prevent us from plunging over that much talked about fiscal cliff that we are now approaching at near breakneck speed. The Democrats want us to take that big plunge.
"According to CBO’s projections, if all of that fiscal tightening occurs, real (inflation-adjusted) gross domestic product (GDP) will drop by 0.5 percent in 2013 (as measured by the change from the fourth quarter of 2012 to the fourth quarter of 2013)—reflecting a decline in the first half of the year and renewed growth at a modest pace later in the year," CBO said in the November 8 report. That same report went on to say, "That contraction of the economy will cause employment to decline and the unemployment rate to rise to 9.1 percent in the fourth quarter of 2013." Boy, I’m sure glad Barry intends on being a better president the next four years.
In its report, the CBO also made it quite clear that the biggest impact would come from the tax increases. The agency estimated that if Congress preserves all of the current tax rates, GDP would be 1.5 percent higher than it would be if Congress allowed taxes to go up. Conversely, preventing the spending cuts from taking effect would only boost GDP by an estimated 0.75 percent – underscoring that the planned tax increases would have double the economic impact of the planned spending cuts. But then as Barry has said on any number of previous occasions, tax increases are not about economic impact, they’re about what's fair.
They say actions speak louder than words and nothing Barry has ever done would indicate that he is the least bit concerned about how he is perceived as president. He will have plenty of opportunities, and fairly soon, to prove if he in fact means what he says about being a better president. But using the recent past as our guide, more than likely it's all nothing more than empty words. He's doing nothing more than to say what those who voted for him want to hear. He's a liar, nothing more, nothing less. He was born a liar and he'll die one. And I am very confident that there is already a very special seat being reserved for him in Hell!
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