The Rise and Fall of Hope and Change

The Rise and Fall of Hope and Change



Alexis de Toqueville

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville

The United States Capitol Building

The United States Capitol Building

The Constitutional Convention

The Constitutional Convention

The Continental Congress

The Continental Congress

George Washington at Valley Forge

George Washington at Valley Forge


Tuesday, January 25, 2011

The Five Year Spending Freeze Is A Farce

From The American Spectator:

8:44 PM (1 hour ago)The Five-Year Spending Freezefrom The American Spectator and AmSpecBlog by W. James Antle, IIIThis proposal is a farce. Just like Republican versions of the same, it exempts the biggest categories of federal spending and requires broad budget caps touching every domestic discretionary program to be sustained for a longer period of time than we can realistically expect of Washington. There's a benefit to the Rand Paul approach of beginning to cut spending and abolish programs now.




Worse, Obama is proposing to freeze federal spending at the elevated levels to which he has increased it. The Republicans have at least wanted to go back to 2008 levels while the Republican Study Committee has suggested 2006 -- still too high and still with all the problems endemic in this "freeze" approach, but at least while making an attempt to roll back the Obama discretionary spending increases.



Remember when George H.W. Bush called for a "flexible freeze" on spending back in 1988? If you skate on a flexibly frozen pond, you'll probably drown.



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