Obama Spending-Freeze Pledge Criticized as 'Deficit Preservation'

Discussion in 'Politics' started by WillowTree, Jan 26, 2011.

  1. WillowTree
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    WillowTree Diamond Member

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    President Obama's pledge to freeze some federal spending for five years was met with yawns Wednesday from a slew of fiscally minded Republicans who say that if the president is serious about tackling the national debt, he'll have to do a lot better than that.

    Congressional Republicans want to see deep cuts in the budget, as demonstrated by a GOP proposal last week to slash $2.5 trillion over the next decade and a proposal Tuesday from Sen. Rand Paul, R-Ky., to cut $500 billion in one year.

    Their calls to dismantle entire agencies and departments might not get much bipartisan support. But by comparison, the president's call to freeze domestic spending for five years, yielding a projected savings of $400 billion over a decade, looked too tame to many lawmakers.









    Obama Spending-Freeze Pledge Criticized as 'Deficit Preservation' - FoxNews.com









    :clap2::clap2::clap2:
     
  2. LibocalypseNow
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    LibocalypseNow Senior Member

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    It's a nice gesture. But that's all it is. His "Freeze" doesn't even amount to a drop in the bucket. Much much more needs to be done. More Government "Investment" in Solar Energy and High Speed Rails aint gonna cut it either. What is Government "Investing" anyway? It's just more Government spending. His pledge is a nice start but it really doesn't add up to much in reality.
     
  3. WillowTree
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    WillowTree Diamond Member

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    That's what TPS said yesterday and the Whack a lu lu and the My Shit don't Stink people jumped all over her azz??


    :lol::lol::lol::lol::lol:
     
  4. Ame®icano
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    Ame®icano Gold Member

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    Freezing spending means keep the deficit at the same level and increasing debt some $1.4T a year. Piece of cake.
     
  5. LibocalypseNow
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    LibocalypseNow Senior Member

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    A kinda/sorta "Spending Freeze" does not = Spending cuts. It means nothing.
     
  6. Quantum Windbag
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    Quantum Windbag Gold Member

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    Apparently freezing spending does not even mean freezing spending. How can you freeze spending and redouble the investment in infrastructure?
     
  7. saveliberty
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    saveliberty Diamond Member

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    The whole thing left me cold too.

    And I live in Michigan.
     
  8. LordBrownTrout
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    LordBrownTrout Gold Member

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    We need to be shooting for a budget of 2T in the next 3-4 years.
     
  9. Meister
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    Meister Platinum Member Supporting Member

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    Let me see if I can break the code...."Spending freeze" = not increasing on the bloated deficit.

    "Investing in America" = business as usual on spending with the bloated deficit.
     
  10. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    It is Deficit Preservation.

    Duh.

    As I noted in another thread:

    Obama is to fiscal responsibility what an arsonist who sets a fire is when he returns to the scene of the crime to help put out the fire.
     
    Last edited: Jan 26, 2011

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