Krauthammer: Obama's Speech

Charles Krauthammer slams Obama's budget speech, calling it a "disgrace."

Video and Transcript, from NewsBusters:

CHARLES KRAUTHAMMER: I thought it was a disgrace. I thought I’ve rarely heard a speech by a president so shallow, so hyper-partisan, and so intellectually dishonest, outside the last couple of weeks of a presidential election where you are allowed to call your opponent anything short of a traitor. But we're a year-and-a-half away from Election Day, and it was supposed to be a speech about policy. He didn't even get to his own alternative until more than half-way through the speech, and when he did, he threw out these numbers suspended in midair with nothing under them with all kinds of goals and guidelines and triggers which mean absolutely nothing. The speech was really and was almost entirely an attack on the Ryan plan. And it was deeply dishonest.

BRET BAIER, HOST: Paul Ryan’s plan. The budget.

KRAUTHAMMER: Let me give you one example how dishonest it was. He went on and on about how the Republicans want to steal from your grandma to lower taxes on the rich. And he talked about the Bush tax cuts and how much he’s going to stand on the bridge and oppose any extension which is what he knows how to do. He has done it over and over for the last six years. The Ryan plan is not about the Bush tax cuts. It transcends them. It's about what the deficit, what Obama’s own commission had recommended: that you strip out loopholes and you lower the rates for everyone. It’s not about whether it should be the Bush rates or the Clinton rates. The whole new approach which the Simpson-Bowles commission had recommended itself. In fact, Bowles had recommended in one of its scenarios a high rate of 23 percent. Ryan’s is at 25 percent. Obama did this knowing that this is a way to play to his base. It was a speech that was quite remarkable in how demagogic it was, and I say that with all due respect.

Yes, Obama's speech was a complete disaster, with all due respect.