Krauthammer says that the markets are showing Obama to be the ‘anti-E.F. Hutton’, that when he speaks no one listens. But what Krauthammer really focused on was White House Press Secretary Jay Carney saying that Obama will have specific ideas on debt reduction. Krauthammer asks “will have?”, and then points out that the government announced today that the deficit for this fiscal year is already over 1 trillion dollars with two months to go and cumulatively Obama has now racked up over 4 trillion in deficits in just three years.
Krauthammer says that Obama is clueless and for now, irrelevant:
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