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Posted on 04.27.09 by K. Daniel Glover @ 7:11 pm
President Obama made a big media show as a fiscal leader a week ago with an admonition to his Cabinet to cut $100 million from the federal budget. Sounds like a lot of money, right? It’s not. This video puts the plan in perspective: One-fourth of a cent cut from a mountain of pennies — that’s math an enlightened redneck can understand. For more perspective, take a look at what $1 trillion looks like, which is only slightly less than what the Democratic-led Congress has spent at Obama’s behest or with his consent since he took office. Multiply it by 3.6 and you have the amount Obama has budgeted for fiscal 2010. No wonder so many bean counters and policy experts are laughing at the president. Filed under: Coin Collecting and Government and Human Interest and News & Politics and Video Comments:
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[...] a video that put President Obama’s proposed budget in context by presenting it in video as a 1/4-cent budget cut from a pile of 10,000 pennies. The creator of that video is back with two more budgetary math [...]
Pingback by The Enlightened Redneck » The National Debt In Perspective — May 15, 2009 @ 6:27 pm
[...] is wrecking the federal budget and failing to “save” the economy; he also collects the old “wheat” pennies from the [...]
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