Wednesday, April 29, 2009

Why $100 million is not real money
Tom Smith

From here.

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Tom Smith


I did something similar, although less dramatic, in one of my recent Facebook status updates. I figured out that cutting $100 million in expenses out of a $3.5 trillion budget is the equivalent of cutting $2.86 in expenses out of a budget of $100,000.

So, Obama's announcement about the $100 million budget cut is the equivalent of a person who makes $100,000/year telling you that he's tightening his belt by cutting his spending by $2.86 for the year. Wow, that wouldn't even buy him a Happy Meal!

Either Obama thinks we're all idiots who will buy this tripe or he's immensely self-deluded. Perhaps it's both, as these two theories are not mutually exclusive.

Posted by: Adam Mossoff | Apr 29, 2009 1:12:35 PM

Fantastic! A great visual.

Posted by: KenWilson | Apr 29, 2009 2:56:26 PM

And somehow I just kept thinking about the penalty for defacing our currency by cutting it into quarters.

Posted by: Dave | May 4, 2009 7:43:41 PM

Nice video. It occurred to me this morning that you could make this point by putting the numbers in "hundreds of millions". Thanks for prompting me to blog it:

Posted by: dsm | May 4, 2009 9:48:37 PM