(Video) Visual demonstration of Obama’s budget cuts

For those who find themselves unable to comprehend the minimalism of Obama’s $100 million budget cuts, here’s a visual representation which, I think, gets the point across that these are nothing more than token gestures of a drunken spending government.

Watch and learn:

I know, we need the federal government to save us though because they’re so efficient at everything they do.

Obama is playing the budget like a casino slot machine hoping to hit something that resembles a real budget cut. Better luck next time!

  • Bill Hedges

    That was wonderful.

    It brings things into focus. We have recovered from all recessions will no need to add all debt by all Presidents for any other recession. Obama is not even done yet.

    We even have signs of recovery before much of Obama’s debt has even been spent.

    Stock Market does start recovery say 6 months earlier than economy. Unemployment lags and can worsen.

    Wouldn’t it be nice if Obama’s pending spending was kind of _put on hold.

    I think the frog Paradise in California can wait.

  • Path

    When did Obama say this all of his cuts? He still has to take on medicare/aid and social security. He can’t do everything at once. Or do you think he shouldn’t even try?

  • Path,

    Your naive hubris is somewhat endearing though it wears thin. I understand, you are still heavily seduced by the hope and change elixir. That’s fine, but please be realistic and acknowldege Obama’s shortcomings. For example, when he claims to ask for “deep cuts” to the budget which end up being some department ordering supplies a different way, there might be an issue to criticize.

    Furthermore, Obama will “take on” those programs you mentioned by raising taxes, he will never actually cut a dime from them, that’s a near certainty as they are liberal sacred cows. It is, however, amusing to watch you pretend that Obama is really going to start showing fiscal restraint any day now. I have a better chance of hitting the lottery for $100 million later today.

    Path, you need to look at what Obama has done in the past and what is doing now, not the empty promises he made and is still making. They are well-documented at this point.

    You’re in the “defend Obama at all costs mode” which is understandable since he sold you hope and change, however, you’re not seeing it yet so you’re making it up as you go along.

  • Christopher Schwinger

    Bush and Obama have destroyed our economy faster than any other President, but Obama tops all, including even Bush. He’s a glutton for spending. We don’t need more money. We need to use it better and stop printing more.

  • Bill Hedges

    Christopher

    I just hope they did not cut the wheat penny shown in picture. They are worth money.

  • Path

    “Your naive hubris is somewhat endearing though it wears thin.”
    I don’t really care what you think about me I’m just here to talk politics. The other sites I go to are all one sided. Obama is still just another politition. I knew that when I voted for him and I have never thought different. But you guys seem to thing he’s the seconded comming of Mao and thats just as bad.

    “end up being some department ordering supplies a different way”
    Can you link to something about this I’d like to know more. Good Acounting and ordering practices can save a butt load in the long run. I used to work in a company like that and it was amazing to see the amount of money they were wasting before.

    We already pay why to much for healthcare in this country more than even the socialized countries. Something isn’t right about that. Money can be saved. Wait and hold your judgments till you actually see his plans. Someone posted his budget projections in an earlier thread. But it showed less spending after 2 years or something. Again like I said earlier spending is needed to get out of a deflationary gap. unless you wanted to see 25% or greater unemployment or a decade. Remeber we still have a little ever 1300 days left.

    “stop printing more”

    Most money isn’t printed anymore. Its just ones and zeros on a computer in a bank. Thats why no one notices runs on banks anymore. They all happen behind a computer screen.

    But again you don’t spend less in a deflationary gap. Unless you want it get worse. Does anyone actually know how GDP is calculated?

  • Discusses ordering office supplies in bulk:

    http://www.foxnews.com/politics/first100days/2009/04/20/obama-seeks-m-cuts-cabinet-meeting/

    Pathetic.

    Also, your assertion that to get out of this mess we should spend more is irresponsible.

    Path, were you around while we got into this mess with out-of-control spending on the private and government level?

    People were stretched too thin, buying too much home, running up too much debt. The same with the government.

    Now you’re telling me the solution to fixing out-of-control spending is to enact more out-of-control spending. I don’t buy it for a second and neither do reasonable economists. All you hear are the discredited Keynesians saying that and government officials.

    Wise people like Dave Ramsey are telling people save more, spend less, etc.. Therefore you can weather the storm instead of being caught in it. That is wise advice that our government needs to take.

    Answer me this, Path. If we need to spend, why haven’t Obama’s spending plans made so much of a drop in the bucket yet with regard to improving the economy? Perhaps because they’re just compounding the problem, not fixing it!

    Seriously. The answer to everything is not to throw money at it endlessly. Let’s become responsible for once with taxpayer money.

  • Bill Hedges

    I notice Nate used FOX source for information on office supplies. Great source for information.

    I agree with Path..”Good Acounting and ordering practices can save a butt load in the long run”

    I thought it was so..cute.. Obama talking about saving money by buying in bulk office supplies. He looked sooo proud ! Over something even Path and I knew. Personally, I would not be bragging about this on television. Looked the fool. I felt sorry for him.

    “But again you don’t spend less in a deflationary gap. Unless you want it get worse”

    Japan’s government had recession and spent, spent, and spent. Did not pull out of recession for 5 years.

    “One of the most recent deflationary recessions occurred in Japan. Japan’s recession, which started in early 1990s (US and others also experienced the same recession), continued into the 2000s, with deflation being the main problem. Once deflation got hold of Japan it didn´t let go until 2005. By 2005 the yen had 103% of its 2000 buying power. Funny thing about borrowing money in deflationary period is that it doesn´t pay to borrow money, even at 2 percent interest rate; since the asset that one is buying with the borrowed money keeps depreciating in real value.”

    “What is coming?”

    “So what should we expect? In general a recession, especially a severe one is deflationary in nature. But if the government tries to stop the recession or severity of it by pumping money into the economy, especially the money that is not backed by anything and depreciating in value (internationally), it increases inflation which will lead to stagflation. Many economies, the US economy included, today are especially susceptible to this problem. The problems facing these economies are twofold: one is the general macroeconomic policies of the governments and the other is the declining supply of vital commodities.”

    The expansion of home sales to unqualified home buyers added gasoline to fuel in our recession.

    Japan is only example of of heavy spending to get out of recession. Maybe Path will give example where it worked

    http://www.americanchronicle.com/articles/view/56187

  • Bill Hedges

    Path

    GDP
    Definition

    “Gross Domestic Product. The total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports. The GDP report is released at 8:30 am EST on the last day of each quarter and reflects the previous quarter. Growth in GDP is what matters, and the U.S. GDP growth has historically averaged about 2.5-3% per year but with substantial deviations. Each initial GDP report will be revised twice before the final figure is settled upon: the “advance” report is followed by the “preliminary” report about a month later and a final report a month after that. Significant revisions to the advance number can cause additional ripples through the markets. The GDP numbers are reported in two forms: current dollar and constant dollar. Current dollar GDP is calculated using today’s dollars and makes comparisons between time periods difficult because of the effects of inflation. Constant dollar GDP solves this problem by converting the current information into some standard era dollar, such as 1997 dollars. This process factors out the effects of inflation and allows easy comparisons between periods. It is important to differentiate Gross Domestic Product from Gross National Product (GNP). GDP includes only goods and services produced within the geographic boundaries of the U.S., regardless of the producer’s nationality. GNP doesn’t include goods and services produced by foreign producers, but does include goods and services produced by U.S. firms operating in foreign countries.
    This content can be found on the following page”:

    http://www.investorwords.com/2153/GDP.html

    Path

    That should define GDP. My friends who have lost or in doubt of the job don’t borrow mney to spend to help the GDP. I conserve my money as well.

    But great news. We have gotten out of so many recessions behaving this way. And not having government go into debt equal to all President thoughout our hisory__Imagine that.

  • Path

    Nate,
    “Pathetic.”

    Yea its outrageous that his even trying he should just home and quit!

    “We have an obligation to make sure that this government is as efficient as possible, and that every taxpayer dollar that is spent is being spent wisely,”
    “None of these savings by themselves are going to solve our long-term fiscal problems. But taken together they can make a difference and they send a signal that we are serious about changing how governments operate,”
    What cuts did bush enact during his presidency?

    “telling people save more, spend less”
    Thats great advise to people, not so much governments. When the economy is doing good its the time to pay off debts that occurred during the bad times.

    “If we need to spend, why haven’t Obama’s spending plans made so much of a drop in the bucket yet with regard to improving the economy?”

    Its only been 100 days. These things don’t happen over night. By the end of summer to the end of the year we’ll start see signs of improvement. Its taken us decades to get into this situation and no magic pill we can take to fix it.

    Bill,
    How did we get out of the Great Depression? Japans recession was longer than 5 years it was the entire 1990s. Their problem was, like ours, banks quit lending money. Since bank loans are the main creator of money, Japan went into a deflationary spiral. In 98 and 99 they started straight capital injections in the banking system and that started them lending again.
    http://www.businessweek.com/globalbiz/content/mar2008/gb20080331_833526.htm

    I asked you if you knew how it was calculated not what it was. GDP = consumption + gross investment + government spending + (exports ? imports)

    No one is asking for you friends to start borrowing money to spend. If GDP is less than aggregate demand then we have server unemployment that will last a decade.

    Should a college student not get loans for tuition if they can’t pay out of pocket?

    Debt is bad I agree but sometimes it is necessary. Too bad bush never started paying off the debt with that surplus we almost had. Did those trillion dollar tax cuts for the rich ever pay off?

  • JD

    I agree with Path.

    It isn’t that we are just spending money but that we are investing money. A company does not grow unless it invests money.

    Often times a depression is the best time to do so as Warren buffet claims himself. He is Buying things up despite the economy as well.

  • Bill Hedges

    Jd

    Where in this article or anywhere does Path say “investing money”. Could you quote him please

  • Path

    Bill thats what the stimulus bill is. An investment in America

  • Bill Hedges

    Path

    So you said invest many times. Quote one and where you got.

  • Bill Hedges

    Got you on this and Barney. Two so far today

  • Path

    what the hell are you smoking? You say you got me? you still never explained how frank blocked all this legislation Bush/mccain supposedly had. Never explained how we got out of the depression. Now you say you got me because I never said a stimulus was an investment? I don’t know if I ever said it here I don’t want to go back and read all my posts. But why does it matter? I don’t see you getting me. Sometimes you gotta spend money to make money. Its not a new concept

  • Bill Hedges

    shOuld not cuss….Barney answer is there . Check. When you did too much insultING I stopped aswering THOSE QUESTIONS…..SORRY.

    I feel good now. Thanks

  • Bill Hedges

    “Sometimes you gotta spend money to make money. Its not a new concept”

    I answered that too

    As well as health, that one is waiting for when you amswer what is posted

  • Path

    Where did you answere it?

  • Bill Hedges

    It might be in my comment in waiting. After you answer all outstanding comments I will posting

  • Path

    What questions?

    You never answered one of my origianl questions of how we got out of the great depression??

  • Bill Hedges

    Bill Hedges May 1st, 2009 at 3:51 pm
    shOuld not cuss….Barney answer is there . Check. When you did too much insultING I stopped aswering THOSE QUESTIONS…..SORRY.

    I feel good now. Thanks

  • Bill Hedges

    You want answer on Depression ask DDMao or somebody else. Or look it up.

  • Path

    Because you don’t know? I already know it was government spending but no one else seems to believe me.

  • Bill Hedges

    Path I like you little games when you are caught wrong. You think this little game will work on me. Yeah

  • Path

    I’ll admit I was wrong with military spending. But asking for sources is not a game. You have to back up what you say.

  • Path

    Bill said:
    Country Military expenditures – dollar figure Budget Period
    World $1100 billion 2004 est. [see Note 4]
    Rest-of-World [all but USA] $500 billion 2004 est. [see Note 4]
    United States $623 billion FY08 budget [see Note 6]

    623 > 500
    We spend more than the rest of the world
    Did you even read the numbers? I didn’t at fist but then when I do you prove your self wrong. I feel stupid now for admitting defeat.

  • Bill Hedges

    There are may comments about Saudi ‘s helping pay for Obama education as well as depression.

    No body here believes because we know..

    Someone told you it was the war ended Depression . And you anwsered it was the spending. Which goes to other thing that came up today and said was investing. When jd tried to back you

    The twisting to not be wrong gets old. As Nate mentioned . You answer you are here for politics and did not care by he thought or somthing like that.

    With insults added, I am getting tied. If you want to discuss with me, things must change

  • Bill Hedges

    By golly your right. See what people do when they are wrong. They admit it.

    I expect “I’m sorry” for insulting me many times

    like grown ups

  • Path

    “There are may comments about Saudi ’s helping pay for Obama education as well as depression.”

    as well as depression? What does that even mean? And when did comments amount to proof? I can say Obama eats babies for breakfast but that dosen’t make it so.

    When someone said the war ended the depression I pointed to the graph that shows we were comming out of the depression before war even started. War spending is still government spending anyways. People keep on saying Keynes was wrong but no one proves it. Spending is an investment isn’t something I just came up with today. Its how FDR’s spending got us out of the depression. He made a investment in America and it paid out in spades. I’m not twisting snything. You are the one refusing to back your stuff up.

    I’m not going to appoligize to you for you being wrong. I’ve admitted being wrong before even when I wasn’t. Look at my comment from 5:31pm

  • Bill Hedges

    Path

    ” I feel stupid now for admitting defeat.”

    Discuss, not WAR. Stupid has nothing to do with it. Everyone makes mistakes….Even Fox…Stupid is not saying one is wrong when evidence appears to back it, that is not adult behavior.

  • Path

    your evidence didn’t back your point. It just proved my own. I was stupid for not reading close enough.

    Now can you post some proof of Obama’s education being funded by the Saudi family? Or that Keynes was wrong?

  • Path,

    Watch and learn for once why Keynes was a fraud:

    Stimulating government does NOT stimulate the economy and help build wealth, it destroys it.

    Government may be the solution to your life but not everyone is dependent on Obama for their self-worth.

  • Christopher Schwinger

    Good video, Nate!

  • Path

    That guy never mentioned the money multiplier effect. Or how when FDR took office GDP and unemployment were at its lowest point then every year they got better except in 1937 when he slowed down spending. (1.) Or how getting money to the banks is a good thing, so they can start moving and lending. That was the main problem in Japan. Once the government started direct capital injections into the banks the economy started moving again.

    Then his two US examples of it not working are Republican tax rebates. The reason tax rebates don’t work as well is because they don’t have as good multiplier. (2.)

    The Huffington Post had a good article about it a few months ago. They seem to have gotten rid of the video that went with it unfortunately. But still explain it will if you can read. (3.) Best quote from the article
    “Mr. Cheney said in 2001: “Reagan proved that deficits don’t matter.””

    Links will be in order in the next post

  • Nate for President 2012! *wink*

  • Bill Hedges

    path

    “Mr. Cheney said in 2001: “Reagan proved that deficits don’t matter.””

    Yes. In 2001. If Obama was only going to that level

    Obama is going to debt level of all the Presidents combined.

    Dumb old Cheney dd not dream that in 2001. He should have ?

  • Bill Hedges

    ‘One man with courage makes a majority.’
    – Andrew Jackson

    ‘The only thing we have to fear is fear itself.’
    – Franklin D. Roosevelt

    ‘The buck stops here.’
    – Harry S. Truman

    ‘Ask not what your country can do for you; ask what you can do for your country.’
    – John F. Kennedy

    …..
    Today’s Democrats

    ‘It depends what your definition of ‘IS’ is?”
    – Bill Clinton

    ‘That Obama – I would like to cut his NUTS off.’
    – Jesse Jackson

    ‘Those rumors are false …. I believe in the sanctity of marriage.’
    – John Edwards

    ‘I invented the Internet.’
    – Al Gore

    ‘It doesn’t matter if the planet is cooling and plants need it to live. We still have to ban carbon dioxide.’
    – Henry Waxman

    ‘The next Person that tells me I’m not religious, I’m going to shove my rosary beads up their ASS.’
    – Joe Biden

    ‘ America is–is no longer, uh, what it–it, uh, could be, uh what it was once was…uh, and I say to myself, ‘uh, I don’t want that future, uh, uh for my children.’
    – Barack Obama

    ‘I have campaigned in all 57 states.
    – Barack Obama

    I will raise taxes in 2011 -2012 to pay for the national debt
    – Barack Obama

    ‘You don’t need God anymore, you have us democrats.’
    – Nancy Pelosi

    ‘Paying taxes is voluntary.’
    – Harry Reid

    ‘Bill is the greatest husband and father I know. No one is more faithful, true, and honest than he.’
    – Hillary Clinton

    ‘Americans don’t care if we add earmarks to bills’
    ‘The days of “traditional values” and strong foreign policy are over.’
    – Chuck Schumer

    ‘I do not regard Fannie Mae and Freddie Mac as problems, I regard them as great assets.
    I do not think we are facing any kind of a crisis. Fannie and Freddie pose no threat to the Treasury.’
    – Barney Frank
    …..

    Provided by my Brother in email

  • Bill Hedges

    Did the Government Bailout of Chrysler in 1979 Help the Automobile Industry?
    October 15, 2008 by Gregoriancant

    http://www.associatedcontent.com/article/1075517/did_the_government_bailout_of_chrysler.html?cat=3

  • Path

    http://img27.imageshack. us/img27/2655/16bm5gw.gif

    http://mediamatters. org/static/images/item/
    burnett-20090129.jpg

    http://www.huffingtonpost. com/ann-pettifor/the-fiscal-stimulus-will_b_167119.html

    Try to focus on the conversation at hand. We are not talking about the car industry here. Ypou are worse tha an add kid. Do you really want to pull up all the dumb Bush quotes?

  • Path

    Delete the space the seperates the links above. For whatever reason it didn’t want to post the entire Link

  • ester stonkey

    I wish more people would see this especially the ones who think “the jerk” is wonderful. I want to cry everytime I think about how stupid the congress and senators are when it comes to the people. I DO cry when I think of how many stupid people are out there who cannot see beyone his color.

  • Waaaah