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Insanity-based budgeting (A Parable of what Washington DC Means when they say: "Spending Cuts")
WorldnetDaily ^ | 08/01/2011 | Michael Ackley

Posted on 08/01/2011 11:51:47 AM PDT by SeekAndFind

The household budget of Howard and Ima Bashford was out of control, and the two sat down at their kitchen table to hash things out.

"We're spending too much on hash," declared Howard. "Why, my calculations indicate that by the time the year is complete we will have spent $1,000 on various brands of canned, chopped corned beef."

"But you like hash," said Ima. "You like it as much as I do."

"I'm not blaming you," said Howard. "I'm as responsible as you are. Besides, it's tasty and nourishing – especially with a fried egg on top. Nevertheless, we're going to have to cut back."

"Agreed," said Ima, smacking her palm on the plastic tablecloth. "I propose that we cut our hash expenditure by $100 next year."

"That's great!" exclaimed Howard. "A real savings of $100 will really help our budget. Of course, we have to recognize that spending $900 is still a heft outlay."

"Excuse me – $900?" said Ima quizzically.

"Yes, $900," replied Howard, bemused. "Subtract $100 from $1,000 and you get $900."

"No, no, no," said Ima, grinning. "Subtract $100 from $1,200 and you get $1,100. We had projected a hash expenditure of $1,200 next year, so a $100 cut gets us down to $1,100."

"But that's not a cut at all," said Howard. "It's a $100 increase.

"Not the way I see it," said Ima. "I had planned to spend $1,200 on hash, so spending only $1,100 means we have saved $100. I don't see why it should be a difficult concept."

"Difficult? Not at all!" exclaimed Howard. "In fact, it's brilliant. Why, if we apply such thinking to our entire budget, we can save thousands of dollars – millions, even – in the coming years. All we have to do is project huge increases, then

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


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government
KEYWORDS: budgeting; congress; debt; spending
CLICK ABOVE LINK FOR THE ENTIRE STORY
1 posted on 08/01/2011 11:51:55 AM PDT by SeekAndFind
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To: SeekAndFind

Let’s just agree to cover the moon in yogurt. Then vote to not do it. We can eliminate the national debt that way.

I think Paul Ryan exposed that logic the other day.


2 posted on 08/01/2011 11:57:06 AM PDT by Truth is a Weapon (Truth, it hurts so good.)
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To: SeekAndFind

It seems that members of Congress has only one goal in mind — to hoodwink the American people and to allow themselves privileges that the common folks do not enjoy.

If they equate themselves to a Louis XVI and his courtiers, they should also read the part that explains what happened to him and his family.


3 posted on 08/01/2011 12:01:35 PM PDT by 353FMG
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To: SeekAndFind

ping


4 posted on 08/01/2011 12:24:30 PM PDT by Wuli
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To: Wuli

Bump.


5 posted on 08/01/2011 4:33:21 PM PDT by dcwusmc (A FREE People have no sovereign save Almighty GOD!!! III OK We are EVERYWHERE)
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To: SeekAndFind
I was looking at the actual bill and found the following increases enumerated in it. I also found the debt increase for this year, alone, can be $1.8 trillion. The following table shows the ADDITIONAL spending authorized in the bill for each year. It adds 5% more every year.

In $ Trillions 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total $1,936 $2,107 $2,319 $2,570 $2,668 $2,854 $2,899 $2,945 $2,992 $3,039
Social Security $623 $751 $924 $1,123 $1,166 $1,309 $1,309 $1,309 $1,309 $1,309
Health and Human Services $270 $299 $329 $361 $395 $414 $434 $454 $475 $496
Discretionary Spending $1,043 $1,057 $1,066 $1,086 $1,107 $1,131 $1,156 $1,182 $1,208 $1,234

6 posted on 08/02/2011 7:12:38 AM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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