Runaway spending

President Obama still has a high overall approval rating. But if you look at this new Gallup poll, you will see that a majority of Americans, 51-45 percent, disapprove of the way he is handling federal spending, and a plurality, 48-46 percent, don’t like how he is handing the federal budget deficit.
Americans still are in love with their new president, but they have a practical side that won’t let them buy into a never-ending spiral of spending money we don’t have.
Meanwhile, if you’re in the mood for reading propaganda, go to the administration’s new recover Web site (see it here) Think you’ll ever read anything negative about the stimulus there?
The trouble with the stimulus — and with the president’s claims to have saved or created 150,000 jobs and to be poised to save 600,000 jobs with more spending — is that these figures are impossible to prove. It’s also impossible to prove what would have happened without the stimulus.
Just remember that every dollar spent to “save” these jobs is a dollar yanked out of the economy, where individuals would have decided how to spend or invest it.
Voters in the European Union made it clear last weekend that they are sick of socialism.
So why are we following them?