In shocking news, a lot of Intraders
gave up on Jon Huntsman this week, dropping his odds
of getting the GOP nomination under our arbitrary
threshold of 4%. Taking his place in the phony ranks
is New Jersey Governor Chris Christie. Whose Intrade odds, as I type,
stand at 8.8% probability.
Rick Perry had a universally-acknowledged bad debate performance.
(Commented Korax of the Klingon Empire:
"Hab SoSlI' Quch Ptak Gahg!" Or, loosely translated: "Honor demanded
that he
should have
disemboweled the smooth talker where he stood! Also, that short
human female strangely set my blood afire!")
But Perry fans should take heart: Karl at Pattericonotes
a news article slamming a Texas governor for a "less-than-commanding
performance" in debates—twelve years ago. And the NYT's
Nick Silver thinks
the Intraders may be misunderestimating Perry as well.
Betsy Newmark summarizes
the phoniness of President Obama's budget plan. Remember when Candidate
Obama promised
that his budgets would reflect a "net spending cut"?
Memory hole, baby.
As Philip Klein points out, Obama has decided to throw out any hope of
compromising with the Republicans and instead produce a campaign
document that will solidify his liberal support. Instead he introduced
a plan that included more of the same sorts of stimulus ideas that have
failed already along with tax hikes and some modest spending cuts. He
ignores entitlement reform. On top of it he includes phony claims of
budget reduction.
Beyond the phoniness: is a campaign explicitly based on promises of
increased taxes and increased spending really going to cut it in the 21st
century USA? If it turns out to be
a winning formula, don't blame Obama: blame the
American voting public.
Keith
Hennessey zeros in on Obama's claim that his proposals are
"balanced" between spending cuts and tax increases. He makes many
solid observations, but this is my favorite:
The President is not, as he claims "proposing real, serious cuts in
spending." His proposals would result in a tiny net reduction in
spending: -$86 B over 10 years. Almost all of the spending
cuts for which he wants to claim credit have already been enacted or
accounted for. Almost all the new spending cuts he proposes would
be used to offset higher spending in his Jobs bill proposal and for more
Medicare spending on doctors.
$86 billion sounds like a lot, but it's a rounding error compared
to the totality of Federal spending. And remember: even these are "promised
someday"
spending cuts, to be "balanced" by actual, right now tax
increases.
(paid link)
Herman Cain won
the Florida Straw Poll yesterday. In honor of that, and
especially because of those last two items, let me (once again)
plug his book:
They Think You're Stupid. Whoever gets the GOP nomination should
steal that and use it as his or her campaign theme.
Much of President Obama's phoniness is disgusting, infuriating, and
depressing. But let's look on the bright side:
sometimes it's downright amusing too.
Ed Morrissey's "Obamateurism" for Friday noted
this tidbit from the President's UN speech:
The Qaddafi regime is over. Gbagbo, Ben Ali, Mubarak are no longer in
power. Osama bin Laden is gone, and the idea that change could only come
through violence has been buried with him.
Ed notes that, in QDaffy's case, "change" came via the non-violence of
(among other things) a few months of NATO bombing raids.
And in bin Laden's case,
among the things that were "buried with him" were non-violent
5.56-mm bullets fired non-violently from a US Navy Seal's non-violent
M4 carbine.
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