Obama can speak. Can't make sense, won't lead, is flim-flamming....but he can speak!
Ace breaks it all down.
Here's a sample for flavor:
Bonus: He also says that if, in 2014, two years after the next election, the CBO's projection doesn't show "the share of the deficit as a fraction of GDP" falling (note that is a lenient way to view it), he is willing to go so far as authorizing the President and Congress to consider further "spending cuts" and "spending reductions."
You get the idea.
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