More Obama Empty Promises

Posted January 27th, 2010 by AlphaPatriot and filed in Economics and the Economy, Obama, Barack Hussein
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The incomparable takes on Obama’s spending freeze idea:

There are more loopholes in President Obama’s proposed “spending freeze” than in an Olympic volleyball net. Gargantuan government entitlements (Social Security, Medicare and Medicaid) are exempt. A half-trillion in unspent stimulus money is exempt. Foreign aid is exempt. The Democrats’ proposed $154 billion jobs bill (Stimulus II) is exempt.

Pet federal education programs will be exempt (including $4 billion for the White House “Race to the Top” standards initiative and an additional $1.35 billion he just requested in the 2011 budget). Green jobs spending will be exempt. (Obama proposed $10 billion in new clean energy spending earlier this month.) Electorally driven tax-credit expansions will be exempt. The health care takeover plan is not included. As even The New York Times reported, the “estimated $250 billion in savings over 10 years would be less than 3 percent of the roughly $9 trillion in additional deficits the government is expected to accumulate over that time.”

Which amounts to a molecule in a drop of the ocean of red ink in which American taxpayers have been drowning.

As always, read it all. ‘Cause then you’ll run accross nuggets like this:

McDonald’s French fries have a longer shelf life than Obama’s pledges of fiscal accountability.

Sad but true.

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