Charles Krauthammer explains it about as succinctly as you can. What is not included in this video, though I have seen him make the point on a few of the cable shows, is that the freeze could be seen perversely as an increase. It is freezing rates that were greatly increased this year from last year and the freeze would have the effect of maintaining that level when it really should decrease. Freezing high levels of spending seems meant just to give the appearance of fiscal responsibility. What we really need is a reduction in spending. Granted a freeze is better than an increase, but a freeze at this level is still fiscally irresponsible.
Video embedded below.
Wednesday, January 27, 2010
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