Jack Lew, the White House Chief of Staff, was nominated by President Obama to be the new Treasury secretary on Thursday. Lew, who once said that the "time for austerity is not now," has been recognized by Obama for his expertise in "spending cuts and deficit reduction."
President Obama "praised" Lew as an "expert on the pressing national issues of spending cuts and deficit reduction," as reported by Reuters. People must have a short memory about Lew, who supported the reckless budget proposed by Obama in February, that sought billions of dollars for "infrastructure projects." At the time Lew said, "I think there is pretty broad agreement that the time for austerity is not today." Since the best predictor of future behavior is past behavior, it would not take a genius to speculate that cuts in spending are not at the top of Lew's list.
Luckily, the reckless budget proposed by Obama was rejected by a vote of 414 to 0.
On the ObamaCare "Tax"
Another story that may have been forgotten about Jack Lew was his response to the Supreme Court decision upholding ObamaCare. "It's time now to get over the debate and implement that law," he told CNN chief political correspondent Candy Crowley. Lew stated that one of the "great things" about America is that when the Supreme Court rules, the ruling is final.
Lew's enthusiasm was somewhat cherry-picked, as he also stated that the mandate penalty is not a tax and the Supreme Court ruling didn't make it so. The reason for his defiance most likely was due to the fact that all along, critics of ObamaCare have called the ObamaCare Mandate a "tax on the middle class," and so if Lew acknowledged that it was a tax, that may have put Obama in a sticky situation.
The same silly game was played by Lew during an interview with George Stephanopoulos.
Watch the ridiculous exchange here:
Photo Source: Pete Souza/The White House via BusinessWeek