Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Tuesday, April 21, 2009

Thanks for Virtually Nothin'

Barack Obama wants us all to be impressed that he's asked the Cabinet to cut government spending in the executive branch by $100 million. To you and me, outside the beltway, this sounds like an impressive sum. However, when put into perspective by relative comparisons, it's not even a drop in a bucket. As such, it's a political ploy to make it sound like the most aggressive tax-and-spend President is fiscally responsible.

One comparison is as follows. Say you have a friend who makes $100,000 a year. You think he needs to cut back on his wild spending and you ask him to cut back as much on his annual budget,as a percentage of the whole, as Obama has the cabinet. So how much are you asking your friend to trim his spending? Grab ahold of something to keep from falling down.

A whopping $3!

If you're more visual like I am, take a look at the graphic below from the Heritage Foundation.

It shows clearly just how much a: the Obama Administration is spending or, b: just how ignorant they hope the American electorate can be.