Saturday, January 29, 2011

Understanding Obama's $100MM budget cuts

Think you understand Pres. Obama's $100,000,000 budget cuts? A little foggy on it? Think it sounds like a lot of money? Like it's going to help?
 
The following is truly a "must watch"...only one minute, thirty-eight seconds.

A student explains the 100 Million Dollar Budget Cut. Trust me, you have to watch this one, and you'll end up smarter in just a minute and thirty-eight seconds. Recently, President Obama announced that over a 90-day period he is going to work to cut 100 million dollars of spending out of the Federal Budget.
 
A college student explains.
 
VERY well done!
 
Give the kid a scholarship in Political Science and a large donation for his first political campaign.

http://wimp.com/budgetcuts/

1 comment:

Dave Labuz said...

A "totally excellent" example!

Now it's up to the new Republican majority in the House to prove their salt.

Granted, I'm not necessarily a fan of Alan Simpson, former Senator, who was part of the 18-member "bipartisan" Debt Commission opointed by Obama.

Nonetheless, Simpson pointed out that if ANYONE says that any meaningful cuts could be made WITHOUT touching Social Security, Medicade, Medicare, Pensions and the Military, that they're essentially, FULL OF SH*T!

While many have said that the stack of pennies as displayed on the left side of this kid's table are sacrosanct, if they are, we will NEVER be able to come to grips with the deficit problem.

If Congress fails to come to grips with this problem themselves, the markets WILL do it for us, with a far more disasterous result!