Even Krugman is critical of Obama's spending "cuts"
Et Tu Krugman?
You know you're not really being serious about your fiscal policies when even the likes of liberal Paul Krugman single you out for criticism. But such is the case with Obama's "response" to last week's Tea Parties by calling in his Cabinet and bravely wringing out 100 million in "cuts" in already budgeted increases in spending.
Let's say the administration finds $100 million in efficiencies every working day for the rest of the Obama administration's first term. That's still around $80 billion, or around 2% of one year's federal spending.
Exactly. Not that they shouldn't be trying mind you. That would be fine. But who actually thinks they will and that this isn't just an attempt to look like he's "on the job" in front of the cameras for all of those people who've gotten more upset about government over-spending in the past few months.
And hey, I thought we needed to spend "more" anyway...you know, to stimulate the economy.
But when it comes to Krugman's criticism, you have to remember that this guy is a liberal / socialist. If he has a problem with Obama, it's not because he think's the President is engaged in political theatre and not being sincere about spending cuts. He's upset because he doesn't think Obama is going far enough, quick enough down the socialist road. Not making the highest and best use of the current "crisis" mentality.
But at least Krugman doesn't pretend to be something he's not. Unlike Bambi.
Let Obama and Congress hear from you...tell them to "STOP the Spending"