The Drive By Media is hyperventilating about Our Lord and Savior Barack Hussein Obama ordering $100 million in budget cuts from His cabinet.
Greg Mankiw via Charlie Sykes reports just exactly what a joke this is:
Just to be clear: $100 million represents .003 percent of $3.5 trillion.
To put those numbers in perspective, imagine that the head of a household with annual spending of $100,000 called everyone in the family together to deal with a $34,000 budget shortfall. How much would he or she announce that spending had be cut? By $3 over the course of the year–approximately the cost of one latte at Starbucks. The other $33,997? We can put that on the family credit card and worry about it next year.
Of course, you wouldn’t expect the MENSA rejects that follow The Messiah mindlessly chanting “O-Baa-Ma! O-Baa-Ma! O-Baa-Ma!” to understand that.
A commenter at Sykes Writes gets it:
I guess they don’t teach math at community activism school.
Hint: it’s the spending, stupid.
[...] Another Drive-By Catch On The $100 Million April 21, 2009 Posted by The Underground Conservative in Barack Hussein Obama, Drive By Media, Federal Budget. trackback ABC’s Jake Tapper also caught the spin and hypocrisy of the White House making a big deal out of finding $100 million in cuts in a $3.5 trillion budget, or .003 percent, the cost of a latte to a $100,000 household. It’s something we blogged about here. [...]