Examiner editorial: Obama kicks budget can farther down the road

Published April 3, 2012 4:00am ET



During a February hearing before Rep. Paul Ryan’s House Budget committee, U.S. Treasury Secretary Tim Geithner was confronted with a chart showing the unsustainable fiscal path that awaits the nation if nothing is done to control spending. “We’re not coming before you to say we have a definitive solution to that long-term problem,” Geithner told Ryan, in one of the more candid moments for an Obama administration official. “What we do know is we don’t like yours.” On Tuesday, President Obama expanded Geithner’s statement into a campaign-style speech.

Speaking at an Associated Press luncheon, Obama unleashed a mouthful of metaphors to attack Ryan’s budget, which was approved last week by House Republicans. According to Obama, the Ryan plan, which attempts to balance the budget over time by reining in government spending, is a “Trojan Horse” and “thinly veiled social Darwinism.” He said that in America, “prosperity doesn’t trickle down from the top, but grows outward from the heart of the middle class” and that Ryan’s budget was a “prescription for decline.” And that was just in one paragraph.

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