Mark Steyn: No problem too big for an Obama speech

http://articles.ocregister.com/2011-06-24/news/29704205_1_obama-speech-budget-impact-paul-ryan

June 24, 2011|By MARK STEYN

The Democrats seem to have given up on budgets. Hey, who can blame them? 
They've got a ballpark figure: Let's raise two trillion dollars in revenue 
every year, and then spend four trillion. That seems to work pretty well, so 
why get hung up on a lot of fine print? Harry Reid says the Senate has no plans 
to produce a budget, but in April the President did give a speech about "a new 
budget framework" that he said would save $4 trillion over the next 12 years.

That would be 2023, if you're minded to take him seriously. Paul Ryan, chairman 
of the House Budget Committee, did. Last week he asked Douglas Elmendorf, 
director of the Congressional Budget Office, if he'd "estimated the budget 
impact of this framework."

"No, Mr. Chairman," replied Director Elmendorf, deadpan. "We don't estimate 
speeches. We need much more specificity than was provided in that speech."

"We don't estimate speeches": There's an epitaph to chisel on the tombstone of 
the republic. Unfortunately for those of us on the receiving end, giving 
speeches is what Obama does. Indeed, having no other accomplishments to his 
name (as Hillary Clinton pointed out), giving speeches is what got the 
president his job. You remember – the stuff about "hope" and "change." Were the 
CBO in the business of "estimating speeches," they'd have run the numbers and 
concluded that, under the Obama plan, vague abstract nouns would be generating 
87 percent of GDP by 2016.







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