Obama's Version of Fiscal Responsibiity

An analogy to drive home how weak this silly shit is:

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.


Posted by: Ace at 12:15 PM



Comments

1 hey, i think we did a pretty good job fleshing out the silliness right here in the comments of Drew's thread earlier. i'm just sayin'

Posted by: exceller at April 20, 2009 12:19 PM (jx2Td)

2 Mankiw is a must-read every day of the year.

Posted by: EC at April 20, 2009 12:21 PM (mAhn3)

3 It's almost as if the most left-wing member of the senate was elected president.

Posted by: dan-O at April 20, 2009 12:22 PM (ZOrUp)

4 1 You guys did a great job.This shit can not be pounded on enough.There should be outrage from all concerned citizens.

Posted by: steevy at April 20, 2009 12:22 PM (FMKA6)

5 But Obama is cutting the budget just like the rednecks at the tea parties said they wanted. If they aren't on board now, it must be racism.

/MSM

Posted by: kefka at April 20, 2009 12:22 PM (fKivs)

6 Stagflation is a rare economic anomaly. Looks like we are going to get another practical example to ignore in future years.

Posted by: Michael C Keehn at April 20, 2009 12:24 PM (0q2P7)

7 In a saner world, this would be mocked. But, I suspect, the coverage will be about how wonderful this is.

Posted by: Michael Steele at April 20, 2009 12:24 PM (IhQuA)

8 Bet you miss that latte when it's gone!

Posted by: kidney at April 20, 2009 12:25 PM (FgUFX)

9 BTW Ace,
Any more pics of the Tea Party Babe in the 3-cornered hat?

Posted by: EC at April 20, 2009 12:25 PM (mAhn3)

10
What Ace seems to be missing here is that the other $33,997 will be used to create wealth in the house. How? Simple: by going green.

If that $34K is going to good use such as solar panels, a windmill for the backyard, CFL lightbulbs, and a water-saving washing machine, they'll be saving money in no time.

Before you know it, that household is saving $2,000/yr in expenses, which will pay down the $35K @ 15% apr in, say, 100 years.

Posted by: D-ling at April 20, 2009 12:25 PM (b+mqk)

11 Ouch.

Perspective: Killer of liberal dreams.

Posted by: Cheesecake at April 20, 2009 12:26 PM (RIPa8)

12 Let's put it in terms we morons can understand.
If Megyn Kelly were to reduce herspectacular and now milkytee-tas by the same proportion that Baracky wants to reduce the budget, she would have pull a tiny blond whisper of a hair off one of her glorious areolas.

Posted by: gator at April 20, 2009 12:27 PM (UIfCq)

13 How much is that in quatloos?

Posted by: Master Thrall of Triskelion at April 20, 2009 12:29 PM (/sh1v)

14 I'm betting those silly Tea Parties are gonna start looking a lot less silly pretty soon.

Posted by: George Will at April 20, 2009 12:29 PM (VW9/y)

15 If Megyn Kelly were to reduce herspectacular and now milkytee-tas by the same proportion that Baracky wants to reduce the budget, she would have pull a tiny blond whisper of a hair off one of her glorious areolas.
You need to put a NSFW tag on that one!

Posted by: EC at April 20, 2009 12:30 PM (mAhn3)

16 argh

Posted by: JackStraw at April 20, 2009 12:30 PM (VW9/y)

17 Slightly OT:

On our local Fox news, there was a package done by the network regarding green jobs. Prez for Life Hussein was going on and on how we should be like Spain, etc. They then had on the expert that did the report on Spain that claimed every green job in Spain caused 2.2 regular jobs to disappear. And that 1 in 10 green jobs are only temporary.

I don't doubt that this is true, since we had this information several weeks ago. I'm just shocked that the Fox Network (which locally does all kinds of "E" reporting) actually had the guts to point this out.

Thank your for your time, and please return to your regularly scheduled programming.

Posted by: shibumi at April 20, 2009 12:34 PM (OKZrE)

18 But if you spend an additional $15,000 on health care that will save $14.
Or something.

Posted by: Circa (Insert Year Here) at April 20, 2009 12:36 PM (B+qrE)

19 You know, even I can do that math on this. And it's making me get all alexsmashy.

Posted by: alexthechick at April 20, 2009 12:37 PM (SHHaV)

20 Any lawayer types on right now. There's a post on Free Repub. about the 2nd Amend. being affected by the 14th according to the 9th circuit. Me moron, me no understand what they be talking about. Enlighten me please.

Posted by: teej at April 20, 2009 12:38 PM (lG7ds)

21 Obama's moronic rant just now:

Extraordinary steps to shore financial system and deal with unprec economic crisis. so we had to spend money - recovery act, lay foundation for long term, also in order to make sure strong enough to lend banks. right and necessary
however moving forward, we have an obligation, to make sure that this govt is as efficient as possible and every taxpayer dollar spend wisely.. biden doing great on rrecovery act unprec transp and effectiveness....many agencies extraordinary steps to

vets - cancel conf, save 20 mil

do some office bullshit, save 62 million

dhs - 52 million saved via office supplies.

bob gates did "historic" budget proposal - "procurement reform"

none of these by themselves will solve long term fiscal issues - but sends signal we are serious

asking cabinent to id at least 100 million more in cuts...separate from orzag's "programmatic" cuts....in the next week, cut at least 100 programs to free up dollars to put them to use in health care, energy, foreign policy apparatus...

a deficit, confidence gap exists re govt - got to earn trust - i have every confidence my team will deliver efficiency and productivity

"start setting a tone"

What a freaking moron.

Note that the cuts arent to reduce the deficit - they are to "free up dollars to put them to use" on his fucked up spending agenda.

Posted by: Anti-Harkonnen Freedom Fighter at April 20, 2009 12:38 PM (5r0Tz)

22 OT: Ace - maybe you could start a thread on the ridiculousness of these bank stress tests (the fact that the idiot administration didn't consider the harmthatthese"test"would do in terms of the market)- as that, plus the potential for bank nationalization in the bailed out banks (government possiblyconverting from preferred stock to common)is resulting in a freefall today on Wall Street. Stocks have fallen 250 points.

Posted by: Sassypants at April 20, 2009 12:39 PM (3m5R9)

23 "In a surprise move, the US Treasury Department has issued an immediate recall of all US currency. Treasury spokesman Ronald Schuler
announced that officials will be sending Americans bags with $ signs on
them to stuff the money into, and warns that all US bills have been
coated with a secret dye that will "become extremely deadly Friday at
exactly 12 noon." http://tinyurl.com/cs4vzo

Posted by: muffy at April 20, 2009 12:40 PM (zplc6)

24 That's about what?.... 1/20th of a B2 bomber I think.

Posted by: Eleven at April 20, 2009 12:41 PM (7DB+a)

25 Don't you morons know Obama is giving you a $400 tax credit?

Posted by: Susan at April 20, 2009 12:45 PM (QYJUz)

26
And the media is not even a little curious about the non-starting/non-existent "shovel ready" projects that were to be funded by the Stimulus Act?

Posted by: D-ling at April 20, 2009 12:48 PM (b+mqk)

27 tapper is making a fool of gibbs right now re
the "100 million" in spending cuts - tapper quoted gibbs during omnibus
debate re 8 billion in earmarks being "tiny" part of budget

Posted by: Anti-Harkonnen Freedom Fighter at April 20, 2009 12:49 PM (5r0Tz)

28
AHFF, it just occurred to me that Jake Tapper has done more to expose Obama's lies than the RNC.

But I've been assured that Michael Steele is like a cat ready to pounce, just waiting for the right time.

Posted by: D-ling at April 20, 2009 12:55 PM (b+mqk)

29 How much is Obama giving to the state of Lincoln? THAT'S the kind of reporting I'm looking for.

Posted by: yinzer at April 20, 2009 12:55 PM (/Mla1)

30 D-ling

no doubt.

Tapper is more responsible for actual dings to Obama's bullshit "i'm perfect" brand than anyone in America.

Posted by: Anti-Harkonnen Freedom Fighter at April 20, 2009 12:57 PM (5r0Tz)

31 @29, 12% of the "Stimulus" is going to the Land O' Lincoln.

I wonder how much is going to Hawaii?

Posted by: MikeH at April 20, 2009 01:00 PM (LdYLm)

32 Now they want to slap a sales tax on internet shopping. I guess nobody making under $250k shops online.

Posted by: yinzer at April 20, 2009 01:01 PM (/Mla1)

33 That's why they usually make The Tapp sit next to Helen Thomas. They're hoping that one of these days she'll fly into an alexthechick-level bezerker rage, leap onto the man's back, and start gnawing (well, okay...gumming) out his carotid.

Posted by: reason at April 20, 2009 01:07 PM (q/kmn)

34 Goddamn, I hate lattes. If you go to Starbucks and don't order a Venti black coffee, then you are a pussy.

Posted by: Flyover-J-Hawkfan at April 20, 2009 01:09 PM (x7xYg)

35 33 That's why they usually make The Tapp sit next to Helen Thomas. They're hoping that one of these days she'll fly into an alexthechick-level bezerker rage, leap onto the man's back, and start gnawing (well, okay...gumming) out his carotid.
Posted by: reason at April 20, 2009 01:07 PM (q/kmn)

Goddamnit you make her sit next to me, and I will sure as hell knock out what remaining teeth she has.

Posted by: John Holmes at April 20, 2009 01:11 PM (x7xYg)

36 34 Goddamn, I hate lattes. If you go to Starbucks and don't order a Venti black coffee, then you are a pussy.
I agree.

Posted by: yinzer at April 20, 2009 01:18 PM (/Mla1)

37 My usual SBUX order: Venti Americano. No room, thanks. Immediately upon serving, the lid is popped off and the entire contents are guzzled. I then look at the nearest quibbling pansy who happens to be staring at me, and while maintaining eyelock, I give a small grunt and push a full 5:00 Shadow out of my facial follicles.

Posted by: Internet Tough-Guy reason at April 20, 2009 01:20 PM (5npD/)

38 Obama is spineless. We need a photochop of his face on a jellyfish or something. The guy has no backbone. No conviction except the weakeningof America. I wonder if his electors are embarrassed by him het.

Posted by: katya at April 20, 2009 01:40 PM (oRJZj)

39 Well, since we're rehashing another thread...

MC: "Introducing, new at the Starlight Lounge-a-rama Coconut Shack and Dinner Theater of Pahrump, the fabulous comedy sensation from Chicago, St. Barry Hussein O'Guiltwhite! How about a hand for the fella!"

(tepid applause from the small audience)

BHO: "Thank you ladies and oppressive sexists, thank you! I just flew in from Caracas, and boy are my arms buffed!"

(silence)

BHO: "But seriously folks, a doctor gave a man six months to live. The man couldn't pay his bill, so the doctor gave him another six months of government healthcare."

(silence)

BHO: "You sure are a tough audience, but fair, ya know? A bum asked a fellow, "Give me $10 till payday." The fellow responded, "When's payday?" The bum said, "Everyday is payday when Barack is President!"

(silence, audience begins to file out of the small theater)

BHO: "I gotta tell ya, Bush stole all my credit cards, but I won't be reporting it. The commander-in-thief spends less than my wife did."

BHO: "Hello, is this thing on?"

Posted by: George Orwell at April 20, 2009 01:57 PM (AZGON)

40 Looks like the Obamas are going to have to cancel a couple of those Wednesday White House cocktail parties in order to meet this goal.

Posted by: Roy at April 20, 2009 02:04 PM (cB77O)

41 Sort of OT,
Is it wrong of me to want to have a roll in the hay with Tapper?

Posted by: Ginger at April 20, 2009 02:20 PM (Pbr0l)

42 #39 = well done!

Posted by: Cheri at April 20, 2009 02:25 PM (AQtrD)

43 #39

LOL Excellent!

Posted by: Boeing at April 20, 2009 02:30 PM (YaBmG)

44 Dont care what you morons say, a venti mocha with an extra shot is the best thing ever. Highly addictive.

Posted by: lowfibass at April 20, 2009 02:33 PM (T1ZAZ)

45 9
The one in the black with the short skirt?
There better be more.

Posted by: The Q at April 20, 2009 02:35 PM (pfStM)

46 Goddamn, I hate lattes. If you go to Starbucks and don't order a Venti Large black coffee, then you are a pussy.

Posted by: BillyBob at April 20, 2009 02:42 PM (cWg6W)

47 #41
The Tapper is aptly named if you know what I mean and I'm sure you do.
You go ahead and fantasize about Jake and I'm gonna go take a nice hot shower and think of the incredible things I could make happen if me and Helen were ever to, ya know, uhhh hook up.

Posted by: pendejo grande at April 20, 2009 03:01 PM (PXZI9)

48 Ginger's gonna tease the poor man with the pic of her calves. Hubba-hubba!

Posted by: reason at April 20, 2009 03:17 PM (sPO/s)

49 DUDE!

Glenn Beck just fucking ripped that off almost entirely on his show! What the hell?

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