Obama lectures America: Do as I say, not as I do

Never mind that President Obama took another cheap shot at the profligacy of the Vegas vacation. Did anyone really listen to the content of his Father Knows Best lecture?

"Responsible families don’t do their budgets the way the federal government does. Right?" Obama said in that speech in Nashua, N.H. "When times are tough, you tighten your belts. You don’t go buying a boat when you can barely pay your mortgage. You don’t blow a bunch of cash on Vegas when you’re trying to save for college. You prioritize. You make tough choices. It’s time your government did the same."

This from the man who on the day before in a speech outlining his budget plan called for slamming down a double-or-nothing Keynesian wager that more federal deficit spending might just defibrillate a comatose economy. He covered the bet with a multi-trillion dollar IOU from our great-grandchildren’s college fund, lunch money, mortgage payment, utility bills and walking around money.

The audacity of hypocrisy.

Was it only a couple days before that, in the State of the Union address, that Obama proposed throwing more of our money at higher education so no one would ever need to bother to save for college?

"In this economy, a high school diploma no longer guarantees a good job …" he proclaimed in his usual teleprompter voice drowned out by the congressional audience prompted by the Jack-in-the-Box Pelosi puppet over his left shoulder.

"To make college more affordable, this bill will finally end the unwarranted taxpayer subsidies that go to banks for student loans.  (Applause.)  Instead, let’s take that money and give families a $10,000 tax credit for four years of college and increase Pell Grants.  (Applause.)  And let’s tell another one million students that when they graduate, they will be required to pay only 10 percent of their income on student loans, and all of their debt will be forgiven after 20 years — and forgiven after 10 years if they choose a career in public service, because in the United States of America, no one should go broke because they chose to go to college.  (Applause.)"

Now, exactly what kind of education "guarantees a good job" when no business can afford to hire? And what in the world is "public service"? I take it that is not dropping out of college to start a computer company called Microsoft and creating hundreds of thousands of well-paying jobs while producing time-saving, efficient tools for the home and office. By the way, that company laid off more than 5,000 of those employees in the past year.

In that budget speech, Obama declared, "We simply cannot continue to spend as if deficits don’t have consequences; as if waste doesn’t matter; as if the hard-earned tax dollars of the American people can be treated like Monopoly money; as if we can ignore this challenge for another generation. We can’t."

But he did. He proposed a $1.6 trillion deficit this fiscal year, the highest since World War II.

He promised the moon to everyone except NASA.