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OBAMA'S ROUNDING ERROR
NY Post ^ | April 21, 2009 | Editorial

Posted on 04/21/2009 2:28:26 AM PDT by Scanian

Did President Obama leave off a few zeroes when he ordered federal agencies to trim $100 million from their budgets?

No, that's not a typo: Obama actually asked for spending "efficiencies" in department budgets totaling $100 million.

That's "million" -- with an "m."

No wonder there's a "confidence gap," as Obama himself put it yesterday, in terms of the public's view of his team's handling of budget issues. That kind of sum, after all, is less than a rounding error in most federal funding lines.

Indeed, it amounts to 0.0027 percent of the $3.6 trillion budget.

Make no mistake: Obama's not asking for cuts of $100 mil from each department -- which would also be negligible. He's looking at a cumulative $100 million -- across the entire federal budget.

And this, after he signed one piece of legislation for $787 billion and another for $410 billion -- and then introduced a record $3.6 trillion federal budget.

(By contrast, Mayor Bloomberg has chopped 15 percent -- about $3.1 billion -- from current-year spending in the city budget; he's also called for as much as 4 percent more from city agencies.)

Let's face it: Federal spending was out of control even before Obama took office. His plans for massive outlays -- in both the short and long term -- are, frankly, reckless.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Government; News/Current Events
KEYWORDS: bho44; bs; cuts; obama; spending

1 posted on 04/21/2009 2:28:26 AM PDT by Scanian
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To: Scanian

Actualy, there’s method to this madness. It’s how ACORN burns ballots.

Obama is starting to create an atmosphere of weaning and genocide by constraint inside his agencies, ever so timid, because he knows he cannot pay them as promised.

He’s pulling a cute Michael Jackson pedo meek act.


2 posted on 04/21/2009 3:11:31 AM PDT by JudgemAll (control freaks, their world & their problem with my gun and my protecting my private party)
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To: Scanian
That's even less than the Bonuses at AIG. Gosh, I sure am glade we got such a fiscally sound Mullah-in-Chief working for us. Amen.
3 posted on 04/21/2009 3:37:43 AM PDT by gakrak ("A wise man's heart is his right hand, But a fool's heart is at his left" Eccl 10:2)
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To: Scanian

trim $100 million from their budgets

Like a Fart in the wind.


4 posted on 04/21/2009 3:55:23 AM PDT by bikerman (Free men do not ask permission to bear arms.)
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To: Scanian
I'm convinced that zero is so stupid that he doesn't know the difference in words like, "millions", "billions" and "trillions".
5 posted on 04/21/2009 4:21:57 AM PDT by Graybeard58 (Selah)
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To: Scanian

oooh, hot damn! I saved a nickle yesterday!


6 posted on 04/21/2009 4:22:43 AM PDT by Graybeard58 (Selah)
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To: Scanian

At what point does he become a caricature of himself?


7 posted on 04/21/2009 4:25:18 AM PDT by IamConservative (I'll keep my money. You keep the change.)
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To: Scanian

Next, he could start wearing sweaters in the white house and brag about saving money by turning down the thermostat in the white house.

uh oh, that’s been done already.

The big difference between zero and carter is that zero is dumber and I didn’t think that was even possible.


8 posted on 04/21/2009 4:25:22 AM PDT by Graybeard58 (Selah)
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To: Scanian
OBAMA'S ROUNDING ERROR

I heard the poor schmuck talking about this and how this kind of savings will all add up. Uh huh. It takes 10X a hundred million to equal a billion and a thousand billion to equal a trillion. If we saved a hundred million a year, it would take 100 million/year X 10 X 1000 X about 14 to equal the number of years to equal the 14 trillion or so debt his spending policies are going to incur, or about 140,000 years.
9 posted on 04/21/2009 4:47:03 AM PDT by aruanan
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To: Graybeard58

I think you’re right. Can you imagine Hyman Rickover making a protegé out of Zer0? Me neither.


10 posted on 04/21/2009 4:49:33 AM PDT by Scanian (i)
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To: Graybeard58

When you can just print the stuff, what difference does it make anyway? Easy come, easy go.


11 posted on 04/21/2009 4:55:59 AM PDT by Scanian (i)
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To: Scanian

The best explanation I have hears is that this is like a family with a $3600 monthly budget deciding to tighten their belts by cutting a penny of spending each month.


12 posted on 04/21/2009 5:51:42 AM PDT by Atlas Sneezed (Typical "Rightwing Extremist")
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To: Scanian

I love the idea one cabinet official proposed - “we can start buying our office supplies in bulk.”

What do they do normally - send out a clerk to get a box of paper clips or a ream of paper every time they run out? Sheesh.


13 posted on 04/21/2009 5:52:17 AM PDT by randita
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To: randita

It truly boggles the mind.


14 posted on 04/21/2009 5:58:10 AM PDT by Scanian (i)
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To: Graybeard58
I'm convinced that zero is so stupid that he doesn't know the difference in words like, "millions", "billions" and "trillions".

I think he is convinced that we don't know the difference in words like, "millions", "billions" and "trillions".

15 posted on 04/21/2009 9:44:15 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: Beelzebubba

Yes, that is good.


16 posted on 04/21/2009 9:44:58 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: b4its2late

And Brazilians.


17 posted on 04/21/2009 9:45:26 AM PDT by CheneyChick
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To: CheneyChick

Yes, LOL.


18 posted on 04/21/2009 9:48:12 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: Scanian

Only a hundred million? And which body orifice did he pull THAT number from?


19 posted on 04/21/2009 10:27:04 AM PDT by TexasRepublic (I am inconsolate over the death of our country.)
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To: Scanian

20 posted on 04/21/2009 9:30:21 PM PDT by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
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