Anyone with a rudimentary understanding of economics or an 8-year old with an allowance would have understood that Obama made way too costly campaign promises that could never come to fruition. Now, Obama is admitting that times are going to be tough for everybody and all the free shit you thought you voted for yourself isn't coming soon. From Politico:
"George, I want to be realistic here: Not everything that we talked about during the campaign are we going to be able to do on the pace we had hoped," Obama said in brief excerpts released by ABC.To his credit, I am pleased that Obama is being straight up with the American people and that he has stopped trying to buy the public's support with ridiculous largesse. But if you thought you were getting a pony by voting for your guy, you're a ma-roon.
Obama also hinted at future tax increases and spending cuts.
"Everybody's going to have to give," Obama said. "Everybody's going to have to have some skin in the game."