Amazon Deals

Thursday, January 10, 2013

Jack Lew's Budget Ineptitude Disqualifies Him From Top Treasury Post

Over the past three years, while he was OMB director and Obama's chief of staff, the U.S. has run deficits of over a trillion dollars a year, with no shrinkage in sight. Our national debt has exploded by a third, to just over $16.4 trillion.

That's not success: That's the road to national fiscal ruin. And it will only get worse. But incompetence is one thing, dishonesty quite another.

We find it troubling that Lew has repeatedly told outright falsehoods about U.S. budgets and debt — deceiving both the public and Republican opposition about our fiscal health.

As he told CNN in 2011: "Our budget will get us, over the next several years, to the point where we can look the American people in the eye and say we're not adding to the debt anymore; we're spending money that we have each year, and then we can work on bringing down our national debt."

Totally false. And he knew it.

No comments:

Post a Comment