That was when President Obama signed Executive Order 13531 creating a bipartisan deficit commission to reduce the federal budget deficit.
Now, nine months later, the unemployment rate is still above nine percent. In fact, it's been stuck at 9.6 percent for the last three months. This is the main reason the Democrats got creamed in the midterm elections, losing control of the House of Representatives. And in response, the two co-chairmen of Obama's deficit commission, the men Obama himself appointed, have released their preliminary proposal for reducing the federal budget deficit: cut benefits for old people, cut taxes for rich people.
Needless to say, most of the Democrats who aren't Barack Obama strenuously objected. Obama's reaction was this:
“Before anybody starts shooting down proposals, I think we need to listen, we need to gather up all the facts.”
In other words, we need to give the catfood commission a chance, we can't dismiss it just because it was a bad idea in the first place and it's going to make a bad situation worse. C'mon, guys, we need to be open-minded here!