“Spending freeze”…What a joke.
By Robert Handorf | 26Jan2010 @ 2156
The Almighty One, Obama has decreed a “spending freeze” to help reign in an out of control deficit. The glaring problem is that the freeze he has called for accounts for less than 1% of the current budget. Let me put it to you in extremely large numbers. The projected budget for 2010 is $1.35 Trillion or $1,350,000,000,000, the spending freeze is projected to save $15 Billion or $15,000,000,000. I see a problem with that.
If you put that into the perspective of the average American household with an income of $52,000 per year, 1% is saving a whopping $520.00 per year. This is supposed to help, right?
Categories: 30-Second Thoughts, Big Government, Economy
| Tags: Obama
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