Obama's Budget Cuts

Thought this was pretty good.

YouTube - Obama Budget Cut

Hmm...how about $15 billion?

Gates takes on military spending bureaucracy (http://www.koreatimes.co.kr/www/news/opinon/2010/05/137_65684.html)

You're about a year late on this

or his part, the president acknowledged that the cuts he called for were hardly a fiscal panacea.

"None of these things alone are going to make a difference. But cumulatively they would make an extraordinary difference because they start setting a tone," Obama said. "And so what we're going to do is line by line, page by page, $100 million there, $100 million here, pretty soon, even in Washington, it adds up to real money."

What Obama's pledge to cut $100 million really means - Apr. 20, 2009 (http://money.cnn.com/2009/04/20/news/economy/obama_cabinet_costcutting/index.htm?section=money_topstories)

Hmm...how about $15 billion?

Gates takes on military spending bureaucracy (http://www.koreatimes.co.kr/www/news/opinon/2010/05/137_65684.html)

Well thats great but he just added a trillion and another 593 billion for health care so I guess we need a bigger table to hold all the pennies.

Ok, guys I know its old but when you hear someone is cutting 100 million you think of this hugh savings. This film really does a great job of putting it into perspective.

Ok, guys I know its old but when you hear someone is cutting 100 million you think of this hugh savings. This film really does a great job of putting it into perspective.


No, that was a great illustration though. It's less than a drop in the bucket.

But I get your point, when campaign time comes Obama can say I cut, blah, blah, blah...

It's interesting to hear politicians say they're going to tighten their belts, reign in spending, but they always add this caveat: We're not touching Social Security, Medicare, Medicaid or defense.

That's like saying "I'm going on a hunger strike! . . . Except during breakfast, lunch, and dinner, of course."

The problem will never go away, and things will only get worse until we tackle the elephant in the room -- entitlements.

I really liked that demonstration. I know this probably opened a can of worms, but how well that described it really puts it into place.

Should've thought about that before the Bush tax cuts. What did you think? Obama was gonna get in office and not be able to do anything? You can complain about the budget all day. Why didn't the Republican party think about that when they had a budget surplus?

Should've thought about that before the Bush tax cuts. What did you think? Obama was gonna get in office and not be able to do anything? You can complain about the budget all day. Why didn't the Republican party think about that when they had a budget surplus?

Instead of making this a Democratic/Republican debate, why not look at what the government as a whole is doing. And that is spending beyond our means. I think if we could re-frame the debate along those lines, the whole democrat-republican framework of debate could be toppled, and maybe we could come up with a new approach to resolving our nation's issues, from healthcare to debt management to overspending on defense. But as long as the 2 parties are able to play the sentiments of one group against each other, both parties can keep spending like drunken sailors, and blame the other party for spending on the pet projects their constituents don't support. It's the classic 3 card monte strategy of shifting targets until the real answer is just an illusion.