Posted by: arnegrim | March 31, 2011

Budget cuts = Math magic

“…Under Biden’s math, the White House is conceding $73 billion in cuts from Obama’s requests, which contained increases never approved by Congress…”

http://news.yahoo.com/s/ap/us_spending_showdown

So, in order to calculate how much you’re cutting from the budget… first you determine how much you want to ADD to the budget… and include those unrealized increases in your cuts.

‘I spent $100 on entertainment last month… this month I would like to spend $200… but I guess I’ll cut $150 from my entertainment budget and spend only $50.’

HUH?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: