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Obama: GOP Pushing Vision Of 'Shrunken America'

Obama Gop Shrunken America

First Posted: 04/28/11 10:23 AM ET Updated: 06/28/11 06:12 AM ET

NEW YORK (Reuters) - President Barack Obama on Wednesday accused Republicans of using their cost-cutting proposals to push a vision of a "shrunken America" as he sought to rally supporters on a re-election fundraising drive in New York.

At a trio of events aimed at rekindling the enthusiasm of his 2008 presidential campaign, Obama touted his economic policies and budget plan and urged Republicans to engage in a "serious debate" on tackling the nation's debt and deficits.

But even as he tried to reconnect with his party's base, he acknowledged that many Americans remained frustrated by tough economic conditions and that more needed to be done.

"We've got a lot of work to do to continue to lower the unemployment rate and grow the economy," Obama said.

He also weighed in on the battle in Washington over how to rein in the federal deficit, which is projected to hit $1.4 trillion this fiscal year. The issue has risen to the top of the agenda for the 2012 presidential campaign.

Obama has used the first steps in his re-election effort to promote a budget ideology that is at odds with the fiscal views of Republicans who are planning presidential campaigns and accuse him of wasteful spending.

He wants to raise taxes on wealthier Americans to fund social programs while making some budget cuts, a plan he says would bring deficits down by $4 trillion over 12 years.

Republican lawmaker Paul Ryan has called for slightly higher cuts, $4.4 trillion over 10 years, without raising taxes. He would make deep cuts in spending, including overhauls in the government-run Medicare and Medicaid health programs for the elderly and poor that Democrats say would violate the "social compact" with Americans.

"On one side you have folks who believe that we can slash education funding by 25 percent or transportation funding by 30 percent or investment in clean energy by 70 percent, that we can turn the Medicare system into a voucher program," he told a rally of wealthy donors at the Waldorf Astoria Hotel.

"It's a vision of a small America, or a shrunken America," Obama said, assuring supporters he was offering an image of a "big America" based on keeping up investment in education, science and innovation.

DISCONTENT OVER GAS PRICES

Voters are also in a sour mood as rising gasoline prices hit their pocketbooks and threaten the fragile U.S. recovery, a trend that could harm Obama's 2012 re-election chances.

Speaking to more than a thousand young supporters at a Manhattan music hall, Obama reiterated his call for Congress to end $4 billion in tax subsidies for oil and gas companies and for the proceeds to be used to promote alternative energy.

"They're making enough profit," Obama said.

But Republicans are trying to cast blame on Obama for surging gas prices, seeing it as a political weak point.

Obama, however, has taken a head start on the campaign trail while the Republican field has no clear frontrunner.

Obama's New York visit came on the day he ordered the release of a longer version of his birth certificate to answer persistent allegations by some conservatives that he was not born in the United States, which would make him ineligible to be president. He blasted his critics as "carnival barkers" and said it was time to put the issue to rest.

Obama is also trying to get a fundraising jump on his Republican opponents. He was expected to collect between $2 million and $3 million in Wednesday's flurry of fundraisers on the way to raising a record $1 billion for his re-election campaign.

Obama started with a $35,800-dollar-a-plate dinner at the luxurious New York residence of former New Jersey Governor Jon Corzine. That was followed by a gala at the ritzy Waldorf Astoria Hotel and by a $44-a-head hip-hop concert catering to younger voters at the city's Town Hall music venue.

The events ran the gamut of Obama's core supporters.

Obama's New York visit followed a stop in Chicago to tape an appearance on "The Oprah Winfrey Show," a popular program that reaches a large segment of moderate women voters.

Democrats acknowledge that Obama will need to rally a broad cross-section of constituencies that propelled him into the White House in order to win re-election in 2012, and that his biggest challenge may be regaining support among independent voters.

(Editing by Paul Simao)

Copyright 2010 Thomson Reuters. Click for Restrictions.

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NEW YORK (Reuters) - President Barack Obama on Wednesday accused Republicans of using their cost-cutting proposals to push a vision of a "shrunken America" as he sought to rally supporters on a re...
NEW YORK (Reuters) - President Barack Obama on Wednesday accused Republicans of using their cost-cutting proposals to push a vision of a "shrunken America" as he sought to rally supporters on a re...
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HUFFPOST SUPER USER
Fuddgate
Some assembly required
12:46 PM on 05/01/2011
There is a difference between Obama and the GOP. Dubyuh never addressed any of these issues for 8 long years. Never! The GOP gave him a pass while he spent more time on vacation than any other president in US history. That's what the GOP has! Running wars off the books, letting the country die, while he slept through the country's disintegration. Trust a republican?
Over my dead body! And I might just "get sick and die quickly"- Under GOP leadership!!!!
HUFFPOST SUPER USER
Lifer2006
12:07 PM on 04/30/2011
Yes sir. You helped the big cats, do what they are doing. Pretty disgraceful your public persona and the real you.
HUFFPOST SUPER USER
Lifer2006
12:02 PM on 04/30/2011
Good luck with your "reconnection efforts". For every person you encourage to vote for you again, I am talking daily to 10 people, to really consider their vote this time around, and think to vote NOT for one of the racoons in the GOP but perhaps Ron Paul. He has excellent ideas and is genuine in his approach.
Sorry Obama, your orator skills are meaningless this time around.
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HUFFPOST SUPER USER
ZeraLee
A Citizen's View from Main Street
10:25 AM on 04/29/2011
The president is right. The GOP calls it "fiscal consolidation".

"fiscal consolidation programs that decrease the number and compensation of government workers increase the availability and reduce the cost of skilled labor to private firms. The combination of improved expectations about taxes and lower labor costs increases the expected after-tax rate of return on new business investment in non-residential fixed assets in the short term."
http://www.speaker.gov/UploadedFiles/JEC_Jobs_Study.pdf (page 7)

The idea of deliberately driving down middle-class wages for the sake of short-term profits is not just short sighted, it is dangerously destructive to an economy that is 70% dependent on consumption.

They seem to think that consumers will spend generously no matter what they make or how much financial burden gets shifted to them. They expect the people who have gotten the short end of the paycheck for years, many of whom have lost their jobs or their homes or their health care or their savings, will spur the recovery by spending when they are told they don't save enough. That breaking the promise of Medicare and SS while driving up education costs will not cause them to save.

They are insane. (Not a medical diagnosis. ;-)
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HUFFPOST SUPER USER
Ramirez
Taxpayer-American
09:53 AM on 04/29/2011
The troops are starting to whisper.
From WaPo:
**********

Debt ceiling: More Democrats threaten to vote against raising borrowing limit


“A growing number of Democrats are threatening to defy the White House over the national debt, joining Republican calls for deficit cuts as a requirement for consenting to lift the country’s borrowing limit. The tension is the latest illustration of how the tea-party-infused GOP is driving the debate in Washington over federal spending. And it shows how the debt issue is testing the Obama administration’s clout as Democrats, particularly those from politically competitive states, resist White House arguments against setting conditions on legislation to raise the debt ceiling.”

http://www.washingtonpost.com/politics/debt-ceiling-more-democrats-threaten-to-vote-against-raising-borrowing-limit/2011/04/28/AF5KvY8E_story.html?hpid=z2
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PopsinAZ
Questioning partisan politics.
12:08 PM on 04/29/2011
This is nothing more than posturing, Rami. Politicians from both parties SPEND! Congress will vote to INCREASE the debt limit once more while members of both political parties pontificate how fiscally responsible they plan to be over the next 10 fiscal years.
If it were not for the new Tea Party members of congress this probably wouldn't even be discussed.
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HUFFPOST SUPER USER
thegreenhornet
civil rights lawyer
09:51 AM on 04/29/2011
David Stockton was on Crossfire yesterday. Wow, our economy has not grown one iota for the last twenty years. What has grown during that time are the profits of wall street profiteers. Rather than the increased dollars in our economy being used to build, they were used to line the pockets of the bankers and traders. As a fault, we have high unemployment and slow real growth. Time to get it under control no matter what the price. We do not want to be the first generation in centuries to leave our county worse off for our children and grandchildren. Raise taxes. Pay our debt by investing in industries that will reduce real growth instead of profits for the shylocks.
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HUFFPOST SUPER USER
rshrink
09:38 AM on 04/29/2011
We didn't go broke under clinton. That came after nine years of Bush. And banks made decisions which enriched individuals quite nicely. They came up with all kinds of scams. You simply took the bait that the conservs handed you and ran with it didn't you and didn't bother to do any investigation. There are repubs who wrote books and predicted this stuff before it happened and it had nothing to do with Freddie or Fannie or Rosemary or Clyde. Get a clue.
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09:30 AM on 04/29/2011
Just think, if the president wins a second term the tro//s will get to keep tro//ing. GO OBAMA!
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HUFFPOST SUPER USER
AlonzoQuijana
09:27 AM on 04/29/2011
Voters -- especially independents -- are starting to tune out the Obama rhetoric. They are looking at results. And so far?

--9% unemployment (16% if you include underemployment)
--6% annual rate of inflation Jan-Mar; 9% if measured in the pre-Clinton way
--Dollar crashing. Record lows. Gold now at $1500.
--$4 a gallon gasoline.
--$1.4 trillion deficits as far as the eye can see; federal debt headed toward 90% of GDP.
--No energy plan.
--Restrictions on new drilling; calls for new taxes even on clean nat gas.
--Subsidies for unrealistic green projects ($45K electric cars)
--A failed stimulus (money wasted on political-payoff projects, not infrastructure)
--No deficit reduction plan.

And the latest outrage? Restrictions on where manufacturing plants and jobs can be located (Boeing prohibited from expanding production in SC)

How he is going run on that record is a mystery.
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INDIVIDUALTERRY
no to the collective!
10:15 AM on 04/29/2011
When inflation hits full stride he will meet his Waterloo.
When the average cost of living triples his Obamanomics will hit him in the arse.
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dmsdzinr
Progression wit a twist of sarcasm.
08:49 AM on 04/29/2011
That "shrunken " America has existed throughout history. It is called an Aristocracy, Plutocracy and Oligarchy. The RICH elite and the rest of the population are lowly poor serfs. Remember the Dark Ages, Medieval times, The French Revolution. THAT is where the GOP wants America.
The GOP has become the Party of Robin Hood in REVERSE!
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forestnfama
Woodstock Veteran
06:59 AM on 04/29/2011
Who let the trolls out of their pen?......There will be hell to pay for this.....!
Time to start stepping on the pesky Kochroaches.
03:34 AM on 04/29/2011
10 years is not fast enough
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01:28 AM on 04/29/2011
O b a ma: I'm pushing for a bankrupt America.
HUFFPOST SUPER USER
JISantiago
03:22 AM on 04/29/2011
G.O.P.: We have already bankrupted America. But one consolation: We have ensured the rich to get richer!
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12:29 PM on 04/29/2011
Funny, who just signed a bill last year extending tax cuts to the rich? I thought it was Obama.
HUFFPOST SUPER USER
JAT3
For every action there is a reaction...
07:02 AM on 04/29/2011
Great user Photo! Share with how much your pocket have been filled by Ronnie's trickle down effect!
Heck, even the unemployed can get a tickle of a job hire or creation! WOW! Didn't Boehner'd campaign on jobs, jobs, jobs and they the rich need the tax cut because "they do the hiring and create the jobs"? Jobs have remained flat for 9yrs with the cuts, there is record profits, bonuses and payouts to date while jobs are going overseas. But I suppose you havent noticed and so blinded with hate you think BO is bankrupt America, while your rich don't want to pay taxes? Great...while you and I do our part. What a wonderful thinker and citizen you are!
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danglines
12:51 AM on 04/29/2011
Or he top .0001% and the rest of us.
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Reedo1981
That's a helluva price to pay for bein' stylish
12:44 AM on 04/29/2011
I stopped listening to anything he reads from his teleprompter long ago. I'm praying he loses the next election and we get someone who will work at the job. It seems to me that Obama is either on vacation or throwing parties at the White House. Now he's in campaign mode at 40K per plate. He needs to go. I'd take almost anyone else that will at least make an attempt at doing his/her job as President instead of treating it as a free ride.
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01:31 AM on 04/29/2011
He releases his B C. Say's "he has more important things to do for America", Then flies off to appear on O prah to raise cash for an election 18 months away.