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The Public is Not Buying the Spending "Freeze"

Posted By Todd Thurman On January 31, 2010 @ 3:00 pm In Economics | Comments Disabled

During his State of the Union address, President Obama talked about a proposed spending freeze (underwhelming, as it is [1]) and how such action can save money and get us out of debt. Well, the good news is that no one is buying it. Virtually no one believes that the spending freeze will do anything to have an impact on the deficit.

According to Rasmussen Reports, only 9% of the population [2] think that the proposed spending freeze will have a big impact on the deficit. Forty-two percent believe that it will have no impact. However, there is a majority in support of a spending freeze, but there is a slightly larger majority in favor of reduced spending in government — a message that the Obama administration clearly is not getting [3]. Obama is giong to grow the deficit by $13 trillion over the next ten years while having a freeze of $447 billion [1] with only 15 billion to be saved.

Although it sounds like a large number (and 447 billion is certainly nothing to sneeze at), it is only a very small portion of federal spending. As we stated in our reaction to the State of the Union Address, it is only about 1/8 of all spending [4]. They would not freeze all of government spending, just those that won’t “create” jobs. Aside from the obvious problem that the government cannot create jobs [5], it would cut costs from programs like the Judiciary, but others such as the Department of Education would see increased spending [6].

So with all of President Obama’s campaigning during the State of the Union address for his spending freeze, the public seems largely unimpressed. The Obama Administration needs to start realizing that the public is not buying their failed policies, and they should look in a new direction. We have a few good ideas here at Heritage [7].


Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2010/01/31/the-public-is-not-buying-the-spending-freeze/

URLs in this post:

[1] underwhelming, as it is: http://www.foundry.org/2010/01/26/is-obamas-underwhelming-spending-freeze-a-fakeroo/

[2] 9% of the population: http://www.rasmussenreports.com/public_content/politics/obama_administration/january_2010/9_expect_obama_s_spending_freeze_to_have_big_impact_on_deficit

[3] a message that the Obama administration clearly is not getting: http://www.heritage.org/Research/Budget/wm2780.cfm

[4] it is only about 1/8 of all spending: http://www.foundry.org/2010/01/27/reaction-roundup-heritage-responds-to-the-state-of-the-union/

[5] cannot create jobs: http://www.heritage.org/Research/Economy/bg2355.cfm

[6] would see increased spending: http://blog.heritage.org../2010/01/28/department-of-education-exempt-from-spending-%E2%80%9Cfreeze%E2%80%9D/

[7] Heritage: http://www.heritage.org/research/policydate.cfm

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