Not Even Krugman is Buying Obama’s “Spending Cut”

Posted April 21st, 2009 at 11.50am in Ongoing Priorities.

New York Times Columnist Paul Krugman reacts to President Barack Obama’s $100 million spending cut:

“pretty soon, even here in Washington, it adds up to real money,” says the president.

Except, you know, really it doesn’t. Let’s say the administration finds $100 million in efficiencies every working day for the rest of the Obama administration’s first term. That’s still around $80 billion, or around 2% of one year’s federal spending.

OK, politics is theater. But you could argue that the president shouldn’t feed the bogus claim that we can close fiscal gaps by eliminating a bit of waste.

Author: Conn Carroll
Interact: Sphere
Share This

11 Comments

April 22, 2009 Bill (Alton IL) writes:

this country will be trash if we dont fight for it

April 22, 2009 Gail, MD writes:

I can’t figure out which state started it after DC but Maryland is the closest, and O’Mailey wants to runion our lives, not just with taking our money.

April 22, 2009 Tom Iowa writes:

Goin in the toilet and the democrats are flushing.

April 22, 2009 Ken Denny, Palmer, Alaska writes:

Unfortunately Bill, this administration is stripping us and our children of our/their right to keep property and prosperity, rights to freedoms we have long been granted and our right to national security. It is becoming trashier everyday. Every time we some fringe group such as the gay rights groups get their way and get more air play than the traditional American, everytime some drug and alcohol addicted movie star/rock star/ball player is held up as a deacon of our country the rest of the world looks at us as weak, pathetic, unethical and demoralized. It is no wonder that other cultures think of us as the “devil” and work to destroy our culture. Yes, our country will be trash because, outwardly, right now, it looks like trash.

April 22, 2009 Sandy writes:

Politics may be theater, but we taxpayers are now an unwilling audience. I stopped working 2 jobs as a personal protest to the spending in Washington. They may not have my income any longer. I have enough money saved to pay my expenses until Obama and Congress are replaced.
You see, I am fiscally responsible…not rich, just responsible.

April 22, 2009 Lynn B. DeSpain writes:

We all, Americans, need to demand the passing of the Republican’s, “Fair Tax.” One page covers the whole tax system. Its just a sales tax, and most of the people in America get a check back from the Feds every month! No more income Tax. No more hidden, excise taxes, production, transprotation, warehousing, etc. taxing. Just one simple sales tax, of which we all, average citizens, get back monthly!
Let your Legislatures know that you want this Bill passed, or they will be replaced! Half their seats come up for vote in less that two years, they’ll listen! WE ARE THEIR EMPLOYERS!
Hozro

April 22, 2009 Ben Franklin, Kendallville IN writes:

Heck, Lynn, I wouldn’t even do that at the Federal Level. The founders wanted the federal government to be completely beholden to the States for its existence. Let the federal government get its money not directly from individuals, but from the States themselves, apportioned as decided by the States’ representatives, who are supposed to be acting as agents of the individual states. Direct election of Senators was a BAD idea.

April 22, 2009 Kevin, Addison,TX writes:

Rock the vote in 2010. Let’s change this nation back to the great place it is.

April 23, 2009 Marshall Hill MI. writes:

The LIST of Politicians who have turned or have
always been against America is Growing, and needs
to be maintained for ELECTION DAY! NEVER FORGET!

April 23, 2009 Nelson, Rochester NY writes:

Kevin, it will be too late by 2010. Inflation will have killed us all by then. Not to mention that the conservative will be shunned and forced into hiding. We all must speak our displeasure with our reps in Washington. It is all we have.

The Heritage Foundation - Leadership for America

The Foundry