No he isn’t. He is doing the exact opposite of what he said he would do.
Newsweek is cut from the mold of Soviet Pravda :
The text below was captured from BarackObama.com – June 13, 2009 – before it was removed.
Barack Obama will restore fiscal discipline to Washington:
Obama and Biden review the federal budget line by line and eliminate programs that don’t work or are unnecessary.
The Problem
Increasing Debt: Under President Bush, the federal debt has increased from $5.7 trillion to $8.8 trillion, an increase of more than 50 percent.
Barack Obama and Joe Biden’s Plan
Restore Fiscal Discipline to Washington
*Reinstate PAYGO Rules: Obama and Biden believe that a critical step in restoring fiscal discipline is enforcing pay-as-you-go (PAYGO) budgeting rules which require new spending commitments or tax changes to be paid for by cuts to other programs or new revenue.
Below is the graph Obama used to push his “stimulus bill” through Congress.
