Obama released the details of his budget yesterday. This disaster is 1,500 pages long. We can't afford the $3.4 trillion price tag. The money simply isn't there. Obama believes that the more money the federal government spends, the greater America becomes. This is the mindset of a man who believes that our greatness comes from government. I don't think I've ever seen anyone so in love with government as Barack Obama.
Oddly enough, the news today isn't that Obama is proposing spending $3.4 trillion. The media is all abuzz over the news that Obama has proposed cutting $17 billion in spending and completely eliminating some programs. Let's get real folks .. this $17 billion is just one-half of one percent of Obama's budget. Government spending has doubled in the past eight years ... and if all you can find to cut is one-half of one percent than you aren't worth a damn as an administrator or CFO.
What's more ... PrezBO's list of proposed budget and program cuts is less than the list put forth by George Bush proposed last year. Bush proposed $34 billion in savings. Now speaking of proposed spending and program cuts ... just because these cuts are proposed doesn't mean that they actually happen. In fact, half of Obama's proposed cuts are the very same ones that Bush tried to get nixed from the budget when he was in office.
Earlier this week I told you of news reports that the Obama White House was using the services of a behavioral psychologist for briefings on the way people react to large dollar figures. Interestingly enough, most people can't differentiate between $17 million and $17 billion. Once the numbers get that high they all bland into a numerical sameness. This means that Obama can propose spending $3.4 trillion and then propose $17 billion in savings and the people think that he is actually doing something incredible! Aren't you comforted by the idea that the president is hiring behavioral psychologists to help him pull the wool over your eyes?
Here is something to keep in mind. Posturing about spending cuts usually means nothing. Presidents generally roll out a long list of spending cuts. It's all for show. The cuts are generally ignored by Congress. So while he may tout the fact that he is proposing a cut of $17 billion, the chances of that actually happening are as slim as my chances with Angelina Jolie - and she's so covered with ink I don't think I'm interested anymore. Let's go with Allison Krause.
Here is something else to keep in mind. Even if Congress adopted these proposed cuts, it would not actually reduce government spending. In fact, Obama's budget is going to increase overall spending. So any savings that Obama may generate from these cuts will be used to pay for more government programs ... the ones that Obama wants to create, like government healthcare.
Amidst these proposed cuts, what gets an increase in federal funding??
The IRS. Yep, Obama wants to double the funds for the IRS to enforce tax laws. There's another $890 million of your tax dollars. Rather than spending more money to enforce a tax system that doesn't work and punishes achievement, how about implementing a new tax system that will allow the taxpayers to keep this money and allow businesses to bring jobs to this country without fear of being punished by the government.
Then there's endless examples of mindless government pork projects. While Obama's budget does seek to cut several education programs, (won't happen) there are a few other "educational" programs that were seen as worthy of maintaining their federal funding. One, for instance, is a $9 million program to promote the history of whaling and trade in Massachusetts.
Here's a list of all the programs that Obama is cutting in this budget. One of these cuts, by the way, is a 9% cut in the unit of the Department of Labor that's in charge of regulating unions. Gotta thank the people that put you in office.