Tuesday, April 21, 2009

A Problematical Most Mathematical

Yesterday, April 20th, 2009 the Obama Administration had its first Cabinet Meeting. I will admit that I was a little skeptical about the President's desire to reduce 'spending and waste' after he pushed his $3,200,000,000,000 budget through the Democrat-controlled Congress. My fears, however, have been allayed as a result of yesterday's Cabinet Meeting in Washington.

In one bold stroke this President has said, "Enough is enough!" to the the old policies of 'Waste', 'Out of Control Spending', and 'Governmental Mis-Management'. President Obama has thrown the gauntlet to challenge members of his administration to be fiscally responsible. Yes, this is the change, that we as Americans, voted for.

Let's take a look at these bold initiatives discussed at yesterday's Cabinet Meeting / Press Conference (I've attached the video to the end of this post so that you too will be inspired).
President Obama has made it known to his Cabinet that he WANTS... NO, HE DEMANDS that they decrease spending in their departments by $100,000,000 ($100 Million Dollars). That's right, $100 Million Dollars! That's a lot of money, isn't it?

Well, isn't it?

Oh, come on, that IS a lot of money for most of us, and since WE are the government, it must be a lot of money for THEM too, because WE, are THEM, um... Right?

I didn't want to have to go there, but I'm going to 'Do the Math' (Please note this will actually require 'research' and 'effort' on my part, two things I REALLY hate to do. But I want you to fully understand the sacrifice that this President is making for OUR Country by cutting out 'waste'.)

First, let's look at the numbers, shall we? These are the two numbers which we must be most concerned as we begin our 'Adventure in Mathematics with Mike!':

Federal Budget Cost
$ 3,200,000,000,000

Savings requested by President Obama
$ 100,000,000

I've heard several numbers tossed about regarding the budget, ranging from $3 to $4 TRILLION, but the $3.2 TRILLION seems to be the one that comes up the most and since I have to get to work REALLY soon...

The Federal Budget for this year is now officially $3.2 TRILLION! Thanks.

Now, let's stack up these reductions against the overall US Budget:

Federal Budget (Divide) Cost 'Reductions' = % of Total Budget
$ 3,200,000,000,000 / $ 100,000,000 = 0.000031250%

Yes, President Obama has asked his team to reduce their portion of the US Federal Budget by a whopping .000031250%.

You may be thinking to yourself, "Self, hey, uh, that doesn't seem like a very large percentage, as it relates to 'percentage of reduction'." Well, YOU would be wrong, because that .000031250% on a budget of $3.2TRILLION EQUALS, yes, you guessed it, $100,000,000!
Now you're probably thinking to yourself, "Self, what can I do to make a similar sacrifice for my country by reducing my personal spending?" Luckily for you, I have an insert for this also (oh, and, stop talking to yourself, you're making the rest of us nervous.):

Median Household Income '07 X Cost Reduction % = Total Reduction
$ 50,233 X 0.0000312500 = $ 1.57

According to the 2007 US Census Bureau Numbers, Median Household Income in 2007 was $50,233. If you made more than this, I hate you. If you made less than this, I'm with you. (Oh sorry, can't believe I typed that 'out loud'. Just kidding, of course...)

So if you want to help YOUR family CUT wasteful spending on a scale consistent with the Obama Administration this year... Leave that Hersey's 'Big Block' Chocolate bar ($1.49 + Tax) on the candy rack the next time you're in a convenience store. You'll be doing your part for your family AND teaching a valuable lesson to your children...

That lesson? Well, I'm not sure... But what I am sure of is that this administration is spending AT LEAST one Hershey bar less this year than they were going to just the day before yesterday (it would just be a much 'larger' Hershey bar than any you could pick up at the local Hess station).

Remember NO more Hershey Bars (for a day) in this country -- the FREE RIDE is OVER!

So says the One, so say we ALL!
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