A couple of weeks ago, $8 billion in earmarks was just a small fraction of the budget and was not a big deal. Yesterday, saving $100 million in the budget is a lot of money to most people.
Probably in response to the Teabag protests, Obama ordered that $100 million in savings be found in the $4 trillion budget in the next 90 days (it only took them about 2 weeks to come up with $800 billion bailout that no one had time to read). To place this in context, if the average person was asked to find a similar savings in their personal budget, they would just have to sacrifice buying a single latte at Starbucks sometime during the year.
Supposedly, Obama's behavioral psychologist staff discovered that the average person has no noticeable mental change when presented with the values $10,000, $10 million or $10 trillion. These values all sound like a lot of money to the average person and Obama is banking on this fact when he tries to manipulate us with numbers.
Baa baa baa....
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And then the VERY NEXT DAY, he pledges $100 BILLION to the IMF so that we can solve the problems of western Europe's banks; their politicians know a freebie when they see one.
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