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Tuesday, January 26, 2010

Now we stop spending?

So Obama is going to propose a 3 year spending freeze discretionary spending for the Federal government. Does he honestly think (a) this will help the federal budget and (b) will help him politically?

  1. This starts in October. Hmmm, whats right after that? Oh yeah, the elections.
  2. Um, where were you with this for the last 12 months?
  3. The budget crisis approaching (or already here) is not primarily a discretionary spending problem. The problem is with medicare and social security which are not addressed with this false proposal of fiscal responsibility.

The only solution that we need now is one of spending cuts – not spending freezes. Cut the Department of Education loose. Cut the Department of Energy loose. Shall I go on?

(You can have a look at some other good ideas over at CATO’s Downsizing the Federal Government site)

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