Remember that famous "RESET" button that Hillary gave the Russians after Obama was elected? Remember what the correct translation of the Russian word the State Department used on the button legend? Yup, "OVERLOAD". The same thing we are getting from the White House: an overload of government, an overload of costs, an overload of empty, soon broken, promises, and an overload of ego from the Amatuer in Chief elected by those imagining a different world than the real one.
![[Reset]](http://www.clackamasgop.org/sites/default/files/RESET.jpg)
FOUNDATION FOR STAGNATION: WHEN "RESET" MEANS "OVERLOAD"
With Binge Spending Plan Unveiled, Why Does Obama Continue To Think That "Overload" Means "Reset"?
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View This Research Briefing At GOP.com
FLASHBACK: LAST MARCH, HILLARY CLINTON GAVE "RESET" BUTTON TO RUSSIANS,
EXCEPT RUSSIAN WORD TRANSLATED TO "OVERLOAD"
"US Secretary Of State Hillary Clinton's ... Gift To Russian Foreign Minister Sergei Lavrov At Their Meeting In Geneva On Friday Evening Was Meant To Underscore The Obama Administration's Readiness To 'Press The Reset Button' In Ties With Moscow. But Instead Of The Russian Word For 'Reset' (Perezagruzka) It Featured A Slightly Different Word Meaning 'Overload' or 'Overcharged' (peregruzka)." ("Russian Media Teases Clinton Over 'Reset' Button," AFP, 3/7/09)
NOW OBAMA WANTS TO USE HIS BUDGET TO HIT THE "RESET" BUTTON ON HIS PRESIDENCY
Bloomberg: "Obama Speech Will Seek Reset With Spending, Tax Plans" (Edwin Chen and Nicholas Johnston, "Obama Speech Will Seek Reset With Spending, Tax Plans," Bloomberg, 1/27/10)
"When President Obama Appears Before Congress And The Nation On Wednesday Night To Deliver His State Of The Union Speech, His Goals Will Be To Reset His Agenda..." (Shailagh Murray & Michael D. Shear, "Obama Will Reset His Agenda In State Of The Union Speech," The Washington Post, 1/27/10)
BUT HIS BUDGET "OVERLOADS" AMERICANS WITH "RUNAWAY RECORD" OF DEFICITS, DEBT
The Los Angeles Times Calls Obama's Deficit Spending A "Runaway Record." "Although the Congressional Budget Office has estimated the level of the current year's federal deficit at $1.35 trillion, the Office of Management and Budget pegs the existing 2010 deficit at $1.56 trillion, a runaway record." (Mark Silva and Richard Simon, "Obama's Budget Proposes $100-Billion Jobs Plan, Higher Taxes On Wealthy," The Los Angeles Times, 2/1/10)
President Of National Bureau Of Economic Research Says Budget Enters Into "Uncharted Waters." "'We're in territory that's essentially uncharted waters,' James Poterba, president of the National Bureau of Economic Research, said in a Bloomberg Radio interview ... 'The long-term prospects in U.S. fiscal policy is rather daunting,' said Poterba ... (Roger Runningen and Brian Faler, "Obama Proposes $3.8 Trillion Budget Focused On Jobs," Bloomberg, 2/1/10)
Obama's FY2010 Deficit Will Grow To Record-Breaking $1.6 Trillion. (White House Office Of Management And Budget, Table 1.1 - Summary Of Receipts, Outlays, And Surpluses Or Deficits (-): 1789-2015, Historical Tables, President's FY2011 Budget, 2/1/10)
- Obama Will Own Three Largest Deficits In American History: $1.4 Trillion In FY2009, $1.6 Trillion In FY2010, And $1.3 Trillion In 2011. (White House Office Of Management And Budget, Table 1.1 - Summary Of Receipts, Outlays, And Surpluses Or Deficits (-): 1789-2015, Historical Tables, President's FY2011 Budget, 2/1/10)
Obama's Budget Director Says Budget Deficits Over 3 Percent Of GDP Would Be Unsustainable. ANDY SERWER: "Peter what about the budget deficit? 11% of GDP. What do you consider to be sustainable? What is the target? It's got to be a lot less than that." ORSZAG: "The target is something in the range of 3% GDP, which would balance the budget outside of interest payments on the debt." (Peter Orszag And Andy Serwer, MSNBC's "Morning Joe," 2/1/10)
- But Obama's FY2010 Deficit Will Be 11 Percent Of GDP, Highest Since World War II. "A $1.6 trillion deficit for this fiscal year, which ends Sept. 30, would be about $150 billion greater than the shortfall in 2009, which was the highest since World War II. It would equal almost 11 percent of the gross domestic product." (Jackie Calmes And Jeff Zeleny, "In $3.8 Trillion Budget, Obama Pivots to Trim Future Deficits," The New York Times, 2/1/10)
- Obama's Deficits Over Next Decade Will Average 4.5 Percent Of GDP. (White House Office Of Management And Budget, Table S-1. Budget Totals, Summary Tables, President's FY2011 Budget, 2/1/10)
Obama's Budget Will More Than Double National Debt Held By Public, From $9.3 Trillion In FY 2010 To $18.6 Trillion In FY2020. (White House Office Of Management And Budget, Table S-1. Budget Totals, Summary Tables, President's FY2011 Budget, 2/1/10)