Today, the media is making a big deal out of the announcement that Obama told the tax cheats and hacks in his cabinet that they need to cut the budget by 100 million dollars! Wow!! Let's put this in context. The budget has a deficit of 1.3 trillion dollars. That means that Obama directed that the cabinet cut the deficit by a little less than one-one hundredth of a percent. It is like buying a house with a mortgage for $250,000 and getting it cut by twenty dollars. BFD!
Nevertheless, it still amazes me that the stories on the "cut" fail to put the amount into perspective. We just get breathless coverage about how Obama is cutting and cutting. They do not even mention that prior to cutting the budget by 100 million, Obama first raised it by about 900 billion dollars for this year.
How dumb does the media think we are? apparently -- very dumb.
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