President Obama swept into office as the second coming of FDR. One year into his term Mr. Obama is acting more like FDR’s predecessor, Herbert Hoover, whose spending freeze at the height of a depression only deepened and intensified it. Now on the eve of the State of the Union speech, President Obama has done an about-face and embraced the self-same discretionary budget freeze proposed by his defeated opponent John McCain. The criticism of the President’s capitulation to the very policies that brought us to this point as a “gimmick” and a “stunt” is withering. Progressives are beyond furious; we’re appalled.
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