Obama Turns Into a 'Deficit Peacock'
His gimmicky idea to cut spending doesn't bode well for the nation
By John Johnson, Newser Staff
Posted Jan 29, 2010 10:40 AM CST
President Obama speaks at a town hall meeting in Tampa Thursday.   (AP Photo/Charles Dharapak)

(Newser) – President Obama's gimmicky idea to keep the budget in check by freezing non-defense spending shows he's fallen into the "deficit peacock" camp, writes Paul Krugman. The camp abounds with politicians who support superficial—but politically popular—methods to present the illusion of fiscal discipline. It won't work, and "the fact that anyone thought such a dumb policy idea was politically smart is bad news because it’s an indication of the extent to which we’re failing to come to grips with our economic and fiscal problems."

The economy is in dire straits, but our political system is unwilling or unable to tackle two necessary tasks: creating jobs and reining in health care costs. "Don’t blame Mr. Obama," Krugman writes in the New York Times. "There’s only so much one man can do, even if he sits in the White House. Blame our political culture instead, a culture that rewards hypocrisy and irresponsibility rather than serious efforts to solve America’s problems."

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Jan 30, 2010 12:55 PM CST
especially when it was a McCain idea that he attacked unmercifully, but now want s to claim for his own. This is getting comical
Jan 30, 2010 12:53 PM CST
UMMM, have you never heard of executive decree? There is a great deal he could be doing. In fact, all the promises he made in the sotu could have been enacted last year if he so desired, but I quess it's easier to blame another partyy and a president that is gone than face your own failure
Jan 30, 2010 5:40 AM CST
Will you please stop with the socialism rhetoric.