Thursday, January 28, 2010

0.1% is some deficit reduction

So the President has proposed a $15B cut, in the name of being "fiscally responsible." Color me unimpressed.

The CBO says that the deficit next year will be $1.35T, or about 1000 times more than these cuts. That's not the budget, that's the deficit. So "fiscally responsibility" means cutting the deficit by 0.1%. In a couple weeks, we're heading from Boston to Myrtle Beach. To put the cuts in perspective, 0.1% of the trip doesn't even get me out of town.

Let me just say that the President is an idiot. I come to this conclusion because he clearly thinks that I'm dumb enough to think that this is fiscal responsibility.

1 comment:

Mohawk on the Dartmouth said...

Even when this guy was running he said he was going to quadruple the deficit, then cut it in half. Get ready mathletes: 1*4=4 4/2=2 making the deficit twice as big as it was when he started. Both of his books were full of socialist/communist garbage. I suspect most who voted for him were unaware of his socialist agendas, or his extreme liberal voting record, or his support for the infanticide of babies who are born alive after botched abortions. Even pro-choicers have to be disgusted with the practice of leaving infants to die of starvation and exposure and denying them medical treatment after they survive a botched abortion.