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Obama Massively Cuts Budget…By 0.5%

You gotta be kidding.

Now, here is the really funny part.   The President got angry at the press because they thought it was kind of a joke as well. I guess that is what happens when you usually have a sycophantic liberal press.

In his remarks on Thursday, the president sought to change the tenor of the coverage, which has so far been some what negative. He mocked the notion that smaller savings are considered “trivial” in Washington and stressed that “these savings, large and small, add up.”   And he told journalists directly that they should stress the fact that the cuts are “significant” – a surprisingly direct appeal to reporters concerning which angle they should take in their coverage.

Here is how ludicrous $17 billion is in the scheme of things:

  • $17 billion is only a little over 4% of the increase in the budget since last year.
  • It is around 2% of the amount spent in the Obama Stimulus Package passed in February.
  • It accounts for  only 1.7% of the lowest deficit projected by the Obama administration in any of the next ten years.
  • It is actually less than George W. Bush proposed cut for this years budget; Mr. Bush’s fiscal 2009 list included reducing or eliminating 151 discretionary spending programs, over which Congress has the most control, for a savings of $18 billion.

This is not fiscal responsibility…it is a fiscal joke.

I lambasted President Bush every year, because he failed miserably in cutting the federal budget.  So did the media, as well.  And now we are supposed to congratulate Mr. Obama for cutting even less, when he increased the size of the deficit by geometric multiples?  That is absurd.

The media’s laughter initially at the Obama proposal should give you an idea that the public thinks this is as much a joke as the rest of us do.

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