When he received complaints about the $8 billion in pork laden earmarks in the latest Appropriations bill, White House spokesman Robert Gibbs described the amount at issue as small and insignificant.
Yesterday, when President Obama announced he would find a way to cut $100 million of wasteful spending, the same Robert Gibbs said:
"Only in Washington, D.C., is $100 million not a lot of money," Gibbs said. "It is where I'm from. It is where I grew up. And I think it is for hundreds of millions of Americans."
Even Paul Krugman, the most liberal voice in America, agrees that this is a joke.
Let’s say the administration finds $100 million in efficiencies every working day for the rest of the Obama administration’s first term. That’s still around $80 billion, or around 2% of one year’s federal spending.
Except, of course, Obama isn't talking about $100 million per day. He's talking about $100 million total. That's .00002857%. Sweet.
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