GOP Leader Boehner Calls For Obama's Economic Team to Resign
Posted by Jim Hoft on Tuesday, August 24, 2010, 7:27 AM
Obama’s trillion dollar stimulus package failed.
Barack Obama and Nancy Pelosi tripled the national deficit last year by nearly a trillion dollars – something unheard of in our nation’s history.
After an unheard of record deficit last year of $1.4 Trillion the economy is on track to experience a $1.3 Trillion deficit this year.
Today, GOP Leader John Boehner called for Obama’s failed economic team to resign today.
Reuters reported:
House Republican leader John Boehner on Tuesday called for the resignation of President Barack Obama’s economic team, including Treasury Secretary Timothy Geithner and White House economic adviser Larry Summers.
Boehner, in the text of a speech to be given in Cleveland, called for a “fresh start” on the economy.
They should have resigned months ago.
The full text of Boehner’s speech is here. It’s just unfortunate that Barack Obama won’t step down with them after destroying the nation’s economy.
Here are a few lines from the terrific speech:
Since February 2009, the private sector has lost millions of jobs while the federal government has grown by hundreds of thousands of workers.
We’ve seen not just more government jobs, but better-paying ones too. Federal employees now make on average more than double what private sector workers take in.
More appalling is the fact that this gap more than doubled in President Obama’s first year in office – during a time when millions of private sector workers either lost their jobs or agreed to take pay cuts just to keep the one they have.
It’s just nonsense to think that taxpayers are subsidizing the fattened salaries and pensions of federal bureaucrats who are out there right now making it harder to create private sector jobs…
…Republicans on the House Budget Committee, led by Congressman Paul Ryan, have already identified $1.3 trillion in specific spending cuts that could be implemented immediately.
These are common-sense steps – like canceling unspent ‘stimulus’ and TARP bailout funds – that put the brakes on Washington’s out-of-control spending spree.
Republicans have also proposed establishing strict budget caps to limit federal spending on an annual basis.
If we reduce spending from current levels and impose a hard cap on future growth, we can save taxpayers more than $340 billion and we can make sure this is the last Washington spending spree of its kind.
To restore balance between the federal government and the public sector, Republicans have called for freezing both government pay and government hiring. Instead of growing big-government, let’s focus on growing small businesses…
…President Reagan once said that there ought to be a law against saying “there ought to be a law.” I could not agree more.
It’s not enough, however, to break the current uncertainty, rein in big government, and hope the pendulum swings the other way. Once businesses get up off the sidelines, we need to keep them in the game.
One idea Ways and Means Committee Ranking Republican Dave Camp proposed as part of Republicans’ ‘stimulus’ alternative called for allowing small businesses with fewer than 500 employees to take a tax deduction equal to 20 percent of their income.
This would free up extra capital for investment and new hiring to jumpstart a robust recovery. It was a better solution then, and it is a better solution now.
…Let’s look at what two Republican governors who have been in office only a matter of months have been able to accomplish:
In Virginia, Governor Bob McDonnell entered office facing an unprecedented $4.2 billion deficit. His predecessor, the chairman of the Democratic party, proposed closing the shortfall by imposing the largest tax increase in the state’s history.
Governor McDonnell refused to balance his state’s budget by making it harder for Virginia families and business owners to balance their own.
In New Jersey, Governor Chris Christie entered office facing an $11 billion deficit. His predecessor, also a Democrat, left behind a bloated government that used election-year property tax gimmicks to survive one set of broken promises after another.
Both governors forged bipartisan cooperation, set priorities, cut spending, and closed their shortfalls – without raising taxes.
But unless Washington provides leadership and puts in place policies that promote lasting private sector job creation – our engine of economic growth – the states will continue to face difficult choices year after year after year.
It’s time to put grown-ups in charge. It’s time for people willing to accept responsibility. It’s time to do what we say we’re going to do.
These are the values I learned growing up with 11 brothers and sisters, and these are the values I have passed on to my daughters.
I’ve also told my girls how I was raised to never accept the next best thing for myself or my country.
This is the time. No more uncertainty. No more muddled messages.
America’s strength is her people – hard working, industrious, always pioneering, always innovating – so we will confront these hard truths together and we will tackle these challenges – together.
ADVERTISEMENT
-
Featured Story:
Busted!… Obama Headlined a DEMOCRAT SOCIALISTS OF AMERICA Event in 1996 **FLIER**
Published May 24, 2012 at 8:46 pm - 91 Comments
Bill Fabrizio commented:
Boehner should have also called for the “economic destructor in chief” Obama to resign!
Granny commented:
Wish they were carrying THIS on nationwide TV. About time. If you’ve heard of the Hindenberg Omen, well it happened twice in the space of a week last week and the creator of of the concept has thus gotten rid of all of his stocks.
http://blogs.wsj.com/marketbeat/2010/08/23/yes-folks-hindenburg-omen-tripped-again/
Meanwhile, here’s some very interesting reading material about that “moderate” Imam Rauf – don’t forget to download the pdf.
http://canadafreepress.com/index.php/article/26849
Resignation Summer commented:
Yep. Obama’s failed “recovery summer” should be “resignation summer”.
Worst president ever, by a long shot. Corrupt, incompetent and narcisstic to boot.
Spider commented:
AMEN!
(can I say that?)
Granny commented:
Instead of Resignation Summer, though, what we are getting is “appoint people Congress declines to approve anyway” summer – two of them in the last week or two.
Robert commented:
When Congress returns, we should force Washington
Who does he think “Washington” is? This rhetorical trick gives the impression that Congress is actually fighting another entity for control of the politicians’ spending binge.
cut non-defense discretionary spending to 2008 levels – before the ‘stimulus’ was put into place.
In a very quick glance over the speech, this is the only proposal I saw to reduce spending. Better than the Dems but still pretty lousy. For one thing, there is plenty of waste and unnecessary spending in the Department of Defense, just as in the rest of the federal bureaucracy.
Another one, whatever happened to ‘cutting the waste, fraud, and abuse in Medicare’? They were gonna get $400 Billion out of that one. And they got their bill passed, so where is the action on this item?
And finally, any viable spending cuts will have to address the massive entitlement programs, all of them.
Rather than waste time producing this pablum, Boehner and the rest of the Republicans other than Paul Ryan could get more specific and detailed about what the Republicans propose to reduce the federal deficit. Otherwise, they are perhaps a bit better than the madcap spenders of the Democrat party, but not much.
Mats commented:
Why should they resign in the middle of “fundamentally transforming america”?
The plan is going just like they wanted.
dfbaskwill commented:
But, but Geithner is “The Only Man in the World” for that job! (And the only man in the world who can screw up using TurboTax).
Granny commented:
Robert, we could save a good chunk of the money being cut from that “entitlement” food stamp program simply by cutting the salaries of our bloated federal bureaucracies and getting rid of all of the extra “czars” and other miscellaneous staff currently employed by the White House. The “First Lady” – and I use lady loosely – has something on the order of 22 assistants. TWENTY TWO! She has no more duties than any other first lady has had and no government portfolio – official or unofficial. Cut out the million dollar soirees so big that special tents must be erected on the White House grounds to hold all the guests.
Cut the bloated salaries of our representatives – and cut out their use of federal planes. Nancy Pelosi can afford a plane ticket home to her district now and then. Only “government business” of an extraordinary nature should be covered. And if the Obamas want to vacation anywhere other than their primary home or Camp David, they should foot the FULL cost. That plane trip to Spain alone cost something on the order of a quarter-million dollars, of which the Obama’s supposedly reimbursed We The People for two first class tickets (about $11K as I recall).
Robert commented:
Re: #6
Well I pushed “preview” and had both a published and previewed comment.
The speech is a little better than I had panned, GP hadn’t posted the excerpt, and I hadn’t read through the whole speech.
Generally, I would still say that the Republicans need to be more vocal and more specific in how they plan to cut spending and close this unconstitutional deficit.
Granny commented:
And to add a little insult to injury,
Under Obama, employer audits are up 50 percent, fines have tripled to almost $3 million and the number of executives arrested is slightly up over the Bush administration.
But under President Obama, the numbers of arrests and deportations of illegals taken into custody at work sites plummeted by more than 80 percent from the last year of the Bush administration. In the current fiscal year 2010, which ends Sept. 30, ICE has arrested 900 workers.
http://www.foxnews.com/politics/2010/08/23/company-audits-illegal-worker-arrests-way/?test=latestnews
jainphx commented:
This is like asking Al Capone to behave his self and obey the law. Geitner thumbed his nose at the tax laws, and now wants to tell us how to live. Typical Demoncrap style.
anonymous commented:
I don’t want to see Rep. Boehner to become the next Speaker of the House in 2011 if the Republican does take control of the House. He is not conservative. The House Leadership in the Republican Party need to be replace next year. I would like to see Rep. Mike Pence of Indiana to be the Speaker of the House. Rep. Pence is a conservative. I am Republican conservative and I am not planning to vote in November. The Republican Party need to clean house both national and states. We need to get rid of these RINO’S and have a new conservatives join the Republican Party in the future. Michael Steele need to be replace as the Chairman of the National Republican Party.
Henry Hawkins commented:
Calling for Obama’s economic team to resign is adequate, I suppose. Personally, I would have gone with “commit suicide”.
FedUp commented:
#13 – If you aren’t going to vote in November then STFU!
kato commented:
Too bad that Boehner was part of the free-spending regime of 2001-2008.
He says “no more muddled messages.” What could be more muddled than the rhetoric of the Clueless Party?
It’s sickening to hear the party of liberalism-lite use conservative rhetoric when their actions have been otherwise. No wonder Straight-talkin’ Johnny was reduced to babbling “I love this country” over and over. He couldn’t point to any real GOP achievements.
kato commented:
“Great American” radio host Bill Cunningham often says that Bush committed fiscal misdemeanors while Obama is committing fiscal felonies.
I say that Bush committed fiscal felonies, while Obama is committing fiscal crimes against humanity.
Spike commented:
About F’ng time!!!
antilbr commented:
I agree with fed up….Not going to vote is crazy talk…..that’s like saying oh yeah everyone in this administration is doing a great job…Anonymous you did’nt mean that did you….
oldguy commented:
Will Republicans please be quiet! What if he takes your advice, replaces them with good people and wins the next election? Never try to talk your enemies out of committing suicide.
Chisum commented:
One Night In Baghdad
http://www.youtube.com/watch?v=Q3IYXWf8u2c
Jjuuuk commented:
CLAIM: Obama’s stimulus program cost more than Iraq war…
donh commented:
I give Christina Groaner a lot of credit for having the courage to redeem herself and resign.