Mr. President, don't make me laugh!

NeoLiberals keep using this amazing Newspeak where 'spending' is for some reason synonymous with 'investing'. The two could not be further apart, they are actually opposites. Then again what else could we expect from the bunch who advocate government growth claiming it's a 'liberal' measure? Everyone knows liberalism is the ideology which opposes big government...
But have no fear! President Barack Obama announced a plan of spending-cuts. I don't know if by that he means investment-cuts? Probably not. But this question is beside the point because no spending cuts are on the way. If I didn't know better, I would call Mr. Obama a liar - but I just can't do that. He's not a liar - he actually believes these reforms he proposes are spending cuts.
So let's look at the figures. The President says his policy will cut the deficit by $1.1 trillion over the next 10 years. This kind of promise must seem disingenuous even to the Obama-supporters out there. I mean come on, the US budget deficit is at around $1.6 trillion A YEAR right now, and it doesn't look like that's going to change in the near future (I say 'around' because nobody knows how much money the government is really spending). So this 10 year savings rate doesn't even cover the 2011 problem. We need to cut DEBT, not just the DEFICIT. How can you cut DEBT if you will keep adding DEFICITS on top of it, no matter how minor or major they are? This is all just plain silly stuff. I suspect a Greece scenario soon...
A second problem is this - how in the world can Mr. Obama guarantee something for 10 years? This is what politicians in democratic countries keep doing. They promise things which are way out of their reach in terms of being able to actually carry them out. Mr. Obama will not be President 10 years from now, the Congress might be entirely different, how can he talk about anything outside his own term in office? This is just ridiculous democrat-babble and must not be trusted or belived in any country. In fact I tend to trust US politicians more than those in other parts of the world, but still I say only a complete moron will buy into this.
As always I leave the most important issue for last. Namely - How did the government get to spend these absolutely huge amounts of money it doesn't have?! Thomas Jefferson must be rolling around in his grave - he proposed a nation in which the government could not create a public deficit or have public debt at all. I cannot believe anyone would let this Leviathan get this out of control. It seems that not only do all the politicians think we're all idiots, it also seems they are right - that is exactly what we are! I should think a good, responsible, limited federal government could be ran with a couple billion dollars. We don't need trillion of tax dollars and we certainly don't need trillions of debt dollars on top of that.

In the words of Thomas Jefferson: "I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared." Amen to that!