I’M GUESSING THAT THIS WILL TURN OUT TO BE NO LONGER OPERATIVE: Obama’s Net Spending Cut Promise:

Lost in the recent talk of $1 trillion stimulus spending by the next administration is a promise President-elect Barack Obama made to the American people on Oct. 7 in the midst of the presidential campaign. Speaking in front of a live national audience, Obama said: ” So we’re going to have to make some investments, but we’ve also got to make spending cuts. And what I’ve proposed, you’ll hear Sen. McCain say, well, he’s proposing a whole bunch of new spending, but actually I’m cutting more than I’m spending so that it will be a net spending cut.” Obama is hardly the first president to promise to rein in spending, but very few have actually kept their promise to the American people.

I’ll be quite surprised if things turn out differently this time around, though I’d like to be wrong. Time for an Insta-Poll: What do you think?