Very sage advice. President Obama does have somewhat of a point. Under President Bush(and a democrat controlled Congress) spending escalated. Mr. Obama promised to control spending but like the author said instead of hitting the brakes he stomped on the gas. The Libertarians are correct on this issue. Freeze spending immediately, eliminated duplicative programs, reduce bloated government departments eliminating those who have outlived their usefulness, then implement a 0.5% reduction in the budget(using the last budget passed by the Senate as a baseline) each year for 10 successive years.