Resistance Begins at Ohm!

Friday, February 4, 2011

Applying Obama's Budget Cuts

Thanks to DH for this email:
The President ordered the cabinet to cut a whopping $100 million from the $3.5 trillion federal budget!

I'm so impressed by this sacrifice that I have decided to do the same thing with my personal budget. I spend about $2000 a month on groceries, gas, credit cards, medicine, bills, etc, but it's time to get out my own personal  budget cutting ax.

Inspired by the courage of President Obama to face the massive deficit, I'm going to cut my spending at exactly the same ratio -1/35,000 of my total budget. After doing the math, it looks like instead of spending $2000 a month; I'm going to have to cut that number by six cents!

Yes, I am going to make my own personal major sacrifice.   I'm going to have to get by with $1999.94, but that's what sacrifice is all about. I'll just have to do without some things, that are, frankly, luxuries. 

John P. Taxpayer

Oh it's even better than that. The Republican house is cutting $32 billion for the rest of the fiscal year. And somehow, $32 billion over 6 months is comparable to $100 billion over 12 months (half the fiscal year will be over in March when the current non-budget continuing resolution expires). Furthermore, they are arguing that it is really $74 billion compared with Obama's budget (I am assuming before the $100 billion he wants to cut). 

So, our most exalted leadership is arguing over the meaning of 6 cents versus 2 cents. And we pay them for this.
NY Times

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