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President Obama's; proposed spending cuts
Topic Started: Apr 21 2009, 06:19 AM (267 Views)
Corwin8
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Panic, Chaos, Disorder....My work here is done.
Quote:
 
Just to be clear: [President Obama's proposed spending cuts of] $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.?

-- Harvard economist Greg Mankiw



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And we are not screwed how?????

Jack Sparrow: "Did no one come to save me just because they missed me?"

Jack Sparrow: "Why should I sail with any of you? Four of you have tried to kill me in the past."
[looks at Elizabeth]
Jack Sparrow: "One of you succeeded."

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Let the bridges I burn light the way.
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CaptDennyCrane
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Shat Happens
[utube]http://www.youtube.com/watch?v=7QQNYWFdWRk[/utube]
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You cant expect 110% from others, when most times, they don't expect even 90% from themselves. -- Me.
No matter how hard your day, no matter how tough your choices, how complex your ethical decisions, you always get to choose what you have for lunch.
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Dark Founder
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Lt. Commander
Something isn't adding up here...

During the second debate against John McCain, The Obama said this:

Quote:
 
[W]hat I’ve proposed, you’ll hear Sen. McCain say, well, he’s proposing a whole bunch of new spending, but actually I’m cutting more than I’m spending so that it will be a net spending cut.


http://www.cnn.com/2008/POLITICS/10/07/presidential.debate.transcript/

And during the third debate, The Obama said:

Quote:
 
OBAMA: …[W]hat I’ve done throughout this campaign is to propose a net spending cut. I haven’t made a promise about…

SCHIEFFER: But you’re going to have to cut some of these programs, certainly.

OBAMA: Absolutely. So let me get to that. What I want to emphasize, though, is that I have been a strong proponent of pay-as- you-go. Every dollar that I’ve proposed, I’ve proposed an additional cut so that it matches.


http://latimesblogs.latimes.com/washington/2008/10/debate-transcri.html


How is this possible? The Obama cannot be wrong...
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GCE-1701-D
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aka GalaxyClassUSSEnterpriseNCC1701D But my friends call me Darren
sure he can, Obama is a classic politician, promise EVERYTHING to get in, then once you're there do whatever you want since you don't really have to keep all your promises anyway, and if all else fails, make some excuse for why you 'had' to do it
we want the old Kai! "bring sexy back, vote Classic Kai"

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