Tuesday, April 21, 2009

A 0.0025% Budget Cut

Woohoo. Talk about fiscal responsibility. The current year's budget is $4 trillion. The expected budget shortfall for the year is about $1 trillion. And the president is excited about $100 million in budget cuts???

Let me give you a real life example. Here at the JunkHouse, we have budgeted $300 a month for groceries. Let's say that for this month we actually spent $400. That's a $100 shortfall. If I handled my budget like Congress and President Obama, I would be excitedly telling my husband that I had saved 1 penny out of our $100 overage. Yay. $0.01. Now how about we talk about how we're going to recover that other $99.99?

Then, let's imagine that for the last year we have been overspending on our grocery budget, so much that we've had an overall shortfall of $1000. So I go to my husband and tell him, "Yay! I've saved us a penny!" To which he replies, "So we're only over our grocery budget for the year by $999.99 now?"

"Ummm, no. Actually after this month the grocery deficit is going to rise to $1099.99. But hey, it could be worse. It could have been $1100."

Do you think JunkMale is going to be happy hearing that? And, really, should he? So please excuse me for being very underwhelmed by the White House's proposed "budget cuts". Something more substantial, please.

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