The Wayfarer Philosophy

This is rich. We got a heads up from the media that Obama plans on introducing a spending freeze during his State of the Union address on Wednesday. Sounds like he is going to be more fiscally conservative? Well, let us actually look at what it really is. The Obama administration and the Democrats in congress have just been on the biggest spending binge in the nation’s history. Now, what are the details of this spending freeze?

Well, the media tells us that it will not affect Medicare, Social Security, or any of the other entitlement programs. It will also not affect national defense. It will affect about 2/6 of the budget. Well, still this is significant enough in amount, but what they do not tell us is that a spending freeze is not a spending reduction. It is merely a promise to not go above the record levels that the budget is already at! Obama has quadrupled the deficit since the Bush administration. The deficit is the amount of spending that goes beyond what the country has taken in for a given year or quarter. this all piles up in the overall national debt eventually. The spending freeze just keeps spending from going beyond the already super-high level that they’re already at.

It is like someone saying that they have to pay a quarter of their yearly expenses on a credit card, but they feel good making the promise that it will never go above that 25% regular amount of over-spending. Basically, they raised their amount of deficit spending so high that now they feel comfortable in freezing it at that poi, even though it is already way too high! During the presidential campaign, Obambi was completely against spending freezes in the first place! Now, he has compromised. Yeah, real compromise. He’s just maintaining the wild spending that he has already set as the norm.

As stated earlier, Obama has quadrupled the amount of regular budeget debt that the Bush administration had at its highest spending moments. Now he is trying to look all responsible for freezing the spending at the point… except for the other 5/6 of the budgetary items, which he reserves the right to increase. is this really so special? According to the Congressional Budget Office, we are on pace to have the overall national debt doubled in the next ten years….. all the debt that the country has accumulated since its beginning will be doubled in ten years of Obama. That’s responsibility boy.