The spending freeze proposal exposes the cynicism of Obama’s recent turn to populist rhetoric and attempt to pose as a crusader against abuses by Wall Street bankers. The hollowness of his supposed “pivot to job-creation” was likewise demonstrated on Monday, when he previewed measures he will announce in his Wednesday address to aid the “middle class.” Obama proposed a few token initiatives, costing a relative pittance, that will neither create jobs, halt foreclosures, or stop the decline in wages and living standards.
The spending freeze aims to curry favor with Wall Street and the international financial markets, which fund the balooning national debt. News of the freeze proposal came the same day that a new Congressional Budget Office report predicted the federal deficit would rise to $1.6 trillion in the next fiscal year.
Obama’s indifference to the plight of Americans suffering through the worst social crisis since the Great Depression was highlighted in a Monday night interview with ABC News’ Diane Sawyer. Asked what he saw as the biggest difference today from when he addressed a joint session of Congress one year ago, Obama responded “I was more worried about where the country was going a year ago than I am now.”
Obama will never be re-elected. Never.
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