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Obama Lacks Credibility as a Leader on Spending Cuts

Is President Obama really the Deficit-Cutter-in-Chief? After so obviously racking up massive deficits through his various stimulus programs, President Obama is now trying to portray himself as a leader in the effort to solve this problem. Time after time on yesterday’s Sunday morning talk shows, White House senior adviser David Plouffe said that Obama’s 2012 budget already proposes to reduce the deficits over the next decade by $1 trillion. Surprisingly, not a single host challenged him on his math.

Plouffe asserted: “Well, first, on the 2012 budget, that would be $1 trillion of deficit reduction over the next decade and lowest level of domestic spending since Dwight Eisenhower. And he said it in the State of the Union, that was just a start.” He told this to Fox News Sunday’s Chris Wallace, and he repeated it almost word for word on NBC’s Meet the Press and ABC’s This Week with Christiane Amanpour.

These assertions of bold deficit-cutting are absurd. The Congressional Budget Office just reported in late March that Obama’s newest budget plans will increase the deficits over the coming decade by $1.2 trillion, hardly the $1 trillion cut that Plouffe claims. The CBO, which has been designated by the White House as the ultimate referee on spending questions, was rather blunt in dismissing the president’s numbers, explaining that he was underestimating the expected cost increases for existing programs as well as the price-tags of new ones. 

But empty promises are not new to this president. He repeatedly promised “a net spending cut” during the 2008 presidential debates and on the campaign trail. And yet federal spending under his watch has soared from 20.9 percent of GDP in 2008 to 24.3 percent in 2011. (At the end of the Clinton administration, federal spending was at 18.2 percent of GDP.)

Plouffe’s comparison with President Eisenhower’s “domestic spending” is just bizarre. President Eisenhower oversaw federal spending for the eight budgets from 1954 to 1961. Net of defense spending, his budgets consumed between 5.7 and 9 percent of GDP (see the figure available here). By contrast, Obama’s non-defense-spending budgets are never expected to go below 19 percent of GDP. If domestic government spending were really cut to Eisenhower levels, we would currently be enjoying a budget surplus.

President Obama probably really believes that cutting a $3.82 trillion federal budget by 1 percent, $38 billion, is “historic” and tough (though much, much larger cuts have been made in the past). After all, the president originally claimed that he couldn’t cut the budget by more than $4.7 billion. But Obama can’t keep having it both ways, being the biggest spender of all time and someone leading the charge on cutting spending. It is time for a new president who is honest and will seriously cut the $10.4 trillion deficits we face over the next decade. 

John R. Lott Jr. is a FOXNews.com contributor, an economist and author of the recently revised third edition of More Guns, Less Crime.

New on The Corner. . .


COMMENTS   8

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   04/11/11 16:51

This article's headline could have been three or six words shorter.

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TruthTower
   04/11/11 17:01

You just figured that one out?

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   04/11/11 18:24

Do the White House spokespeople just get to make up whatever numbers they want and never, I mean never, get called on it in the MSM ?

Talk about ready made campaign videos for 2012 ...

these guys and gals will just keep making it up and apparently nobody in the MSM will object in any way ...

Its hard to imagine a faster way to destroy what little credibility the MSM currently has ...

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   04/11/11 19:02

Boy, there's a candidate for the "Bottom Stories of the Day" segment in James Taranto's "Best of the Web."

What sign was there ever that Obama would bring government spending under control?

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   04/11/11 19:10

Breitbart & Co. need to start doing ambush journalism of these state media interviewers. These "reporters" need microphones shoved in their faces with questions like "Why didn't you ask the President ANY follow up questions?" These infomercials for Obama and the Democrats need to stop. It's not going to stop until Conservatives start getting these "arbiters of truth" on camera embarrassing themselves. If you're going to insert yourself as "the fourth estate", but are not subject to voters, then you need to be held accountable.

"But, but, but that's now how things are done!" Tough cookies.

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   04/11/11 21:23

All Obama promises come with expiration dates.

Q.E.D.

(h/t Jim Geraghty)

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Brett Martin
   04/11/11 22:11

You could/should have stopped at credibility or leader, either one....

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 cab
   04/12/11 02:13

I've been mulling over who and where to direct this comment to, and Mr Lott's column seems a reasonable choice:

The Republicans have to SIMPLIFY and UNIFY the arguments about the budget mess. Yes, yes, all the wonky numbers crunchers know what X billion and Y trillion mean, but regular people like me need the context of graphs and charts that unify the pieces of the problem.

Don't just complain that "President Obama probably really believes that cutting a $3.82 trillion federal budget by 1 percent, $38 billion ..." etc. -- there is NO context given for these numbers and the arguments gain no traction as a result.

There was a political cartoon a few days ago, depicting a (real) pie chart, that is, a pie tin with some pie left in it, and little crumbs sitting nearby. The crumbs on one side were labeled the spending reductions the Dems were willing to make, and the crumbs on the other side were the Republican cuts.

This chart put (1) spending, (2) deficit, and (3) proposed cuts in relation to each other, instead of tossing in numbers without any context, as the article above also unfortunately does.

To you who write this stuff for a living, you must communicate clearly with those of us don't, or you will never overcome the Dems' obfuscations.

Without a clear statement of the problem, no solution can be put forth which is understandable or will be supported by the voters. CONTEXT, fellas. CONTEXT.

Harry and Nancy will continue to talk about bogus reductions and cuts, and you have to ignore them. State your own case and state it fully, clearly and simply.

My grandfather had a sixth grade education, but he was not a stupid man. Speak to HIM, because if you can explain what needs doing to my grandfather, you will also make the case to the rest of us.

If you do not do so, I fear we are lost. And I do not exaggerate.

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