01/27/10 Stockholm, Sweden – Unfortunately, even in its inflated version of the figure, the spending freeze’s potential $250 billion savings — over 10 years — simply won’t do much to help resolve the $1.35 trillion federal deficit.
It’s always going to be disappointing when you bring a knife to a gun fight… or, as the case may be, ice cubes to a blazing inferno.
This cartoon came to our attention via Jesse Felder’s post on spending freeze efficacy.
Rocky Vega
Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.
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..it’s so unfair the way cartoonists draw people, i mean…that figure looks nothing like the president yet, couldn’t be mistaken for anyone else…!…