Crisis Over-Obama to Cut Spending by $100B

Discussion in 'Economics' started by Arnie, Apr 20, 2009.

  1. Arnie


    Well, I have to say that Obama has surprised even me. As you may know, I was not a big fan of Obama, but this guy as shown he deserves our trust. It will piss a lot of special interest groups off to cut $100 billion from the budget. I never thought I would see the day.

    Now, granted, its still a small amount when you consider the total budget, but $100 billion is serious money.
  2. dcvtss


  3. He has shown that he deserves our trust? You're serious?

    "Reducing spending by $100 million would cut this year’s projected deficit by about 0.006 percent. "


    So, after he already spent over half a trillion, he's proposing to cut back on a few pennies and he all of the sudden deserves our trust?
  4. TGregg


    It's even smaller when one gets the amount of $100 million right.
  5. Eight


    Democrats will call a reduction in the rate of increase of spending a spending cut. They do that in California all the time...
  6. The cut of 100M doesn't even cover the interest per day on the porky stimulus he passed.
  7. Arnie


    What kind of idiot do you guys take me for? It's $100 billion.

    $100 million cut would be laughable. Obama isn't that stupid.
    You Obama bashers just don't get it, do you?
  8. inet


    Give us your source or link,

  9. You must be joking. The $100 Million is all over the news. Don't drink and post...
  10. dhpar


    LOL. this is a hilarious headline... :D
    #10     Apr 20, 2009