Gibbs: Obama’s tiny, tiny budget cut is big money where I’m from
posted at 7:15 pm on April 20, 2009 by Allahpundit
Painfully stupid, but what else can he say? So fantastically huge is The One’s budget and so staggering the deficits we’re facing that it’s hard to even imagine a budget cut large enough to qualify as impressive. I laughed in the marijuana post at the idea of legalization bringing in an extra $20 billion a year in revenue given the pricetag on TARP, but $20 billion’s fully 200 times more than Obama’s $100 million trim. Democratic shill Jennifer Loven asks a good question of Gibbs: Why even announce something this paltry? Why not wait until they’ve put together a package of, say, $100 billion in cuts? All this does is inadvertently underscore how gargantuan the budget is.
Note Tapper’s follow-up about how Gibbs, just weeks ago, found the idea of $8 billion in earmarks — 80 times the size of this budget cut — “minuscule” in the context of the appropriations bill. Oh, and also the footage of Obama urging his cabinet to cut another $100 million from each of their agencies. Using Greg Mankiw’s analogy, that amounts to … what? A week’s worth of Starbucks?