” Political language. . . is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind. ” George Orwell
President Obama’s newly announced spending freeze will not reduce government spending. Most spending is exempt and the total reduction in spending is a rounding error.
Furthermore, to “freeze” spending is meaningless after the spending increases that Democrats have passed resulting in an increase in the deficit from $161 billion in 2007 to $1.75 trillion in 2009 and a projected $1.17 trillion in 2010.
What the American economy needs is spending cuts accompanied by cuts in tax rates. On the tax side all Obama would have to do is not let the Bush tax cuts expire.
Unfortunately, the President remains ideologically committed to high levels of spending and intervention in the economy. Change will largely not be possible until after the 2010 election.
Source: Wikipedia
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