KERRY!

From the NY Times:
Democrat John Kerry said Wednesday that if elected president he will cap federal spending and acknowledged that doing so will require him to cut some of his campaign promises.

Kerry said he would not allow the federal budget, other than spending on education and homeland security, to grow beyond the rate of inflation.

I know that the most recent jobs report must have scared the Kerry campaign. Now that there is the danger that the employment issue will lose its effectiveness, Kerry is looking for a new domestic policy. Unlike the Times editorial board (and much like Comrade Max) I am not pleased by his attempt to be an ultra-deficit hawk. I really hope this no new spending pledge, like his lame tax plan, is one of the first promises he breaks. There is no reason why he should put himself in that sort of fiscal straightjacket.