Apr
28
Press Secretary Gibbs Tries to Convince Us That $100 Mil. Is a Lot of Money as Compared With a Trillion Dollar Deficit
ByOn April 20th, Obama’s press secretary Robert Gibbs tried to convince us that $100 million is a significant budget cut when facing trillion dollar deficits. Yes, Robert, only in Washington $100 million is not a large amount because it’s only 0.01% of a trillion dollar deficit. This means that if you were to make a thousand one hundred million dollar cuts you would still be left with 90% of this deficit!