[WH Blog] White House White Board: OMB Director Jack Lew on the President's Budget

[WelcomeBot]

White House White Board: OMB Director Jack Lew on the President's Budget

In this White House White Board, Jack Lew, Director of the Office of Management and Budget, explains how the President's Budget will help then government live within its means, while still investing in America's future. Look for much more detail here at WhiteHouse.gov Monday afternoon.

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http://www.whitehouse.gov/blog/2011/02/1...nts-budget

[Cha]

Love the White Board.. Jack Lew lays it out..bush and cheney cut taxes and increased spending without paying for it. That's why we're in trouble and I blame the economy on them..they abandoned our country's infrastructure for Iraq's. They did not do one thing to help our country in 8 years..it was all about terror terror terror..orange alert. and that's the corporatemedia's fault.

[pourroy]

Budget deficits are challenging. But this problem is in nearly all countries.

You can manage a big scale of deficit if you realised that The VERY US is harbouring a lot of unguarded assets, I do not mean recovering GM, but US got a lot of assets. Bring this in a fond and sell fond-shares. Such proposals are discussed in Germany, see http://www.stratacom.info.

Gustav Adolf Pourroy, Munich