In response to:

Our Founders' Economic Advice to Obama (Part 2 of 2)

Paige5 Wrote: Jul 17, 2012 2:06 PM
This commentary makes it sound like the president controls the purse strings, but Congress does. We need to focus on fiscal policy in Congress.
The Lone Fedora Wrote: Jul 17, 2012 6:41 PM
While it is true that Congress, starting in the House of Representatives, appropriates funds for various programs. It would seem to me, however, that the President doesn't have to actually SPEND those monies. If the President were to summarily fire everyone who works for the Departments of Education, Labor, Agriculture, Health and Human Services, Veteran's Affairs, and Energy, and fold the duties of the Veteran's Affairs Department into the Defense Department, we would be able to save a huge amount of money.

Last week, I summarized how President Barack Obama has not lived up to his campaign promises to lower the national deficit and debt and get our nation's fiscal house in order. So now I'm calling on him to heed the economic advice of our nation's first eight presidents.

Before I highlight some of the Founding Fathers' wisdom on federal debt and spending, let me remind readers how Crossroads GPS recently summarized Obama's relation to national debt:

"January 20, 2009: The National Debt Was $10,626,877,048,913.08 (Obama Takes Office). (Treasury Department, accessed 5/23/12)

"May 22, 2012: The National Debt Was $15,721,218,607,447.09 (Most Recent)....