Hundreds of thousands of Americans protested against massive government spending and the crushing federal debt, and our Dear Leader responded by getting his entire cabinet to cut about half of what BHO spend on his inauguration.
Let’s put this in perspective. This is the equivalent of a family with an annual income of $60,000 cutting $6 out of their budget.
The Spin Meter points out a few examples of just how small the President’s gesture is:
$100 million amounts to:
–Less than one-quarter of the budget increase that Congress awarded to itself.
–Less than half the cost of one F-22 fighter plane.
–7 percent of the federal subsidy for the money-losing Amtrak passenger rail system.
–1/10,000th of the government’s operating budgets for Cabinet agencies, excluding the Iraq and Afghan wars and the stimulus bill.
Oh, and if you thought he was asking for new cuts, guess again.
Many of the savings he asked them to achieve are already under way and are included in the calculation.
So what we have is an empty promise and a massive government spending spree, unparalleled in American History, and a crushing debt our grandchildren will still be paying off.
Is this the “Hope & Change” you were expecting?
Update: While our Dear Leader makes empty gestures at “cutting costs”, he’s printing up more money to spend outside the US. In this case $100 Billion for the International Monetary Fund. You remember the IMF, that’s the organization that reimbursed tax cheat and Secretary of the Treasury Tim Geithner for taxes he never planned on paying.