Cream butter, gradually beat in sugar. Add and beat in flour a part at a time. Wrap dough in wax paper and chill.
Preheat oven to 300 degrees F (150 degrees C).
Allow dough to warm slightly; knead for 1 minute. Roll out dough on lightly floured board to 1/4 inch thickness and cut with cookie cutters. Decorate as desired. Bake in preheated oven 14-20 minutes.