Obama plans an announcing a spending freeze that will most likely stay active for the rest of his term.
What. The.
Faced with 'political backlash,' Obama has given in to the crap being tossed around, and quite frankly, at a time when HE CAN DO WHATEVER HE WANTS. I mean not really whatever, but you don't have to stop all your spending, cut it down, spread it out over time, not just stop. The freeze is supposed to save 250 billion dollars.
Wonder what they're gonna do with those 250 billion in a few years if our economy ( very weak and feeble 'if') is still crap?
Some people might be saying that, well finally after spending so much on bailouts and crap, he needs to stop. But that's not all that this 'freeze' covers.
"The freeze would cover the agencies and programs for which Congress allocates specific budgets each year, including air traffic control, farm subsidies, education, nutrition and national parks." (NY Times)
Not a big deal right? Only EVERYTHING to do with our country. Except defense. They're going strong in defense, and Social Security, and Medicare/Medicaid, which happen to be the fastest growing federal programs, so good move there. I guess its not all bad.
We'll have to wait till Wed. and the State of the Union address.
Oh lawd.
Not a big deal right? Only EVERYTHING to do with our country. Except defense. They're going strong in defense, and Social Security, and Medicare/Medicaid, which happen to be the fastest growing federal programs, so good move there. I guess its not all bad.
We'll have to wait till Wed. and the State of the Union address.
Oh lawd.
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