Apparently, the President is feeling the pressure of public dissatisfaction with his administration’s penchant for spending our tax dollars, so he’s now coming out with a new ‘Pay As You Go’ message (which isn’t new at all).

http://www.reuters.com/article/governmentFilingsNews/idUSN0938720120090609

The fact that people are actually buying this and believing that Obama is serious about fiscal responsibility is disheartening. His administration, and the U.S. Congress, for that matter, has seemingly had no problems with spending billions upon billions upon billions thus far into his presidency, so why now is he lecturing Congress on spending? And what about this huge stimulus package — is it somehow exempt from this ‘fiscal responsibility’ talk?

http://apnews.myway.com/article/20090609/D98MRQU80.html

Read this op-ed from the Wall Street Journal on how the stimulus is going:

http://online.wsj.com/article/SB124451592762396883.html

It is good, though, to hear that more people are being critical of this administration than were initially. We’ll see if Obama sticks to his ‘PayGo’ guns on some upcoming decisions on war funding and healthcare.

http://www.reuters.com/article/featuredCrisis/idUSN08333615

http://finance.yahoo.com/news/Obama-Its-OK-to-borrow-to-pay-apf-15483626.html?.v=13

This entry was posted on Tuesday, June 9th, 2009 at 9:35 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.