Pres Obama lays out plan for balanced approach to achieve $4 trillion in deficit reduction - FULL

[Tx4obama]

Run time: 43:23 https://www.youtube.com/watch?v=xNDW6OHKqGQ   Posted on YouTube: April 13, 2011 By YouTube Member: whitehouse Views on YouTube: 301   Posted on DU: April 13, 2011 By DU Member: Tx4obama Views on DU: 1418

 
Video is full 43:23 minutes.

President Obama lays out his plan to reduce the deficit by $4 trillion over the next 12 years and to ensure America's future wealth and prosperity in a speech at George Washington University in Washington, DC. April 13, 2011.

[gateley]

1. K&R - and I recommend that those who didn't see it watch -- he laid it out

so well and his presentation was impressive, and encouraging. :hi:

[Tx4obama]

10. And here's some more details

From the White House

FACT SHEET: The President's Framework for Shared Prosperity and Shared Fiscal Responsibility
http://www.whitehouse.gov/the-press-office/2011/04/13/fact-sheet-presidents-framework-shared-prosperity-and-shared-fiscal-resp

[gateley]

12. Thanks! nt

[lark]

2. Ah, those 3 dimensional chess players

Leak all this nonsense that Obama was going to cut entitlements, get the left all upset, then turns around and now he says no, not going to happen. We'll see. Wish I could be happier about this, but still feeling burned from all his previous reversals. Sincerely hope he doesn't do his routine fold. Repugs will lose if they cause a government shutdown over not raising taxes. Of course, what I expect is that Obama will fold on the taxes bit AGAIN. Hope he cares more for Medicare, Medicaid and SS than he does about taxes, because he completely sold us out the first time. Gave Repugs billions and got a tiny fraction of that for workers!!

[Tx4obama]

6. See comment #5

There is a link there from the White House that lays out healthcare/SS/medicare/ etc.

[emulatorloo]

9. self delete wrong place

DOH!

[indepat]

3. A balanced approach to achieve $4 trillion in deficit reduction is the wrong approach: the correct

approach would be to eliminate the major causes for a 13-fold increase in national debt since the gipper foisted his brand of "voodoo economics" on America. The proper cure would in no way be balanced for the genesis of this increase can be attributed to a few totally out of whack fiscal and tax policies that anyone with even a modicum of knowledge and a lick of sense knows. :patriot:

[Tx4obama]

8. FACT SHEET: The President's Framework for Shared Prosperity and Shared Fiscal Responsibility

From the White House

FACT SHEET: The President's Framework for Shared Prosperity and Shared Fiscal Responsibility
http://www.whitehouse.gov/the-press-office/2011/04/13/fact-sheet-presidents-framework-shared-prosperity-and-shared-fiscal-resp

p.s. I forgot to post the Fact Sheet link in the OP and my editing time expired, so there it is.

[emulatorloo]

4. Thanks for posting. I missed it, and DU spin seems unreliable n/t

[Tx4obama]

7. Check out the link in comment #5 below n/t

[emulatorloo]

11. Thanks, a very good summary n/t

[liberation]

16. Diverging opinion is spin, official propaganda sacrosanct

and Orwell's angular momentum just broke the speed of sound underground...

[Tx4obama]

5. FACT SHEET: The President's Framework for Shared Prosperity and Shared Fiscal Responsibility

From the White House

FACT SHEET: The President's Framework for Shared Prosperity and Shared Fiscal Responsibility
http://www.whitehouse.gov/the-press-office/2011/04/13/fact-sheet-presidents-framework-shared-prosperity-and-shared-fiscal-resp

[RBInMaine]

13. Excellent. Simply EXCELLENT !! Best Part: No more Bush tax cuts for the rich.

[FarLeftFist]

14. Greatest President of my lifetime....So far. n/t

[Tx4obama]

15. I agree! n/t

[Jack Rabbit]

17. Showing some spine is long overdue

It is also long overdue for the Republicans to stop acting like nihilism is a virtue and that the policies of the Bush years did not result in an abysmal failure.

So, I see the Republicans began whining about this speech. My bet that they won't stop. My bet, unfortunately, is that they will drag the country into the abyss trying to prove Reaganomics really works. Why don't they just try to repeal the law of gravity?

The night the Republicans won back the house was the death knell of America. We can't afford to let them have their way, we can't afford to do nothing and they won't compromise. The end result is that we're fucked.