Monday, January 25, 2010

Freeze, and put your hands behind your back!


Obama recently announced that he will freeze the spending for domestic programs for three years, only allowing increases caused by inflation to take place. Domestic programs like security/military spending and Social Security/Medicare will not be included in the freeze. The programs that will be hit are air traffic control, farm subsidies, education, nutrition and national parks. This decision will not greatly reduce the national deficit of $9 trillion, only cutting around $250 million. Democrats are already wary of cutting the necessary domestic programs, and republicans mock that it is not really that brilliant of a move since the Democrats have caused such a large portion of the deficit themselves.
First of all, the Democrats are not entirely responsible for the massive deficit, let us not forget President Bush and the Iraq War. However, in our current economic state, I feel that this freeze may be one of the only active things the president can do for the country. However much they don't like it, with a deficit like ours, providing everyone with the perfect benefits of being an American is not going to be possible. Freezing the budget will allow the economy to hopefully stable a bit and eliminate the chance of extraneous, unnecessary spending by the government. I think with the freeze in combination with job creation and the reduction of foreign spending, America will be back on track to getting out of this recession.

Links:
http://www.nytimes.com/2010/01/26/us/politics/26budget.html?hp
http://www.chron.com/disp/story.mpl/ap/top/all/6835140.html

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