From Fox News: President Obama pinned the blame on Republicans Tuesday for looming spending cuts that may be triggered by what was originally a White House proposal -- while a former leader of the president's deficit commission said it's Obama who's on the path to a "failed presidency" if he can't tackle the debt....
"These cuts are not smart. They are not fair. They will hurt our economy. They will add hundreds of thousands of Americans to the unemployment rolls," Obama said. "This is not an abstraction -- people will lose their jobs." The president ticked off a host of expected repercussions should the $85 billion in cuts for this year take effect. He said Border Patrol, emergency responders, FBI agents, airport controllers and others would all face cutbacks. He said teachers would be laid off by the thousands and America's military would be degraded....
Shortly before he spoke, Obama was also dealt a blunt warning by former Republican Sen. Alan Simpson, who co-chaired the president's deficit-reduction commission.
Simpson warned that Obama "will have a failed presidency" unless he deals "honestly" with entitlements, saying programs like Medicare and Social Security must be dealt with in order to get the country on a sustainable path.
"If he wants to leave it alone and not deal with those two biggies, forget the rest of the stuff -- he'll have a failed presidency," Simpson told Fox News.
Read more: http://www.foxnews.com/politics/2013/02/19/obama-renewing-call-to-use-tax-increases-to-help-avert-spending-cuts/#ixzz2LOdavLO1
Well, Simpson is wrong on one count. Obama already has a failed presidency. It's just a matter of how failed Obama wants his legacy to be.
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