Tag Archives: financial responsibility

Financial Responsibility

financeEvery family, every American has needed to cinch their belt, cut costs, watch their pennies.

In his weekly radio address, President Obama said that at a Cabinet meeting on Monday, he’ll ask each of his agency heads to scale back. Every department will be expected to produce specific proposals for budget cuts.  “In the coming weeks, I will be announcing the elimination of dozens of government programs shown to be wasteful or ineffective,” he said. “In this effort, there will be no sacred cows and no pet projects.”

All across America, families are making hard choices, and it’s time their government did the same,” Obama said.

What do you think?  Is this rhetoric?  Can government agencies tighten their belts?  Will government spending be wiser, will they cut waste and be more responsible?

fnord

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Filed under Economics, Obama, The Economy