Friday, April 22, 2011

The Unbearable Meaninglessness of Politics

This is why I've given up on the political process to address anything important in a meaningful way:

"Sadly, the budget 'cuts' proposed so far in Washington DC are too minuscule to assist in any credible way, and they practically represent a rounding error, given the numbers involved..."

More to the point: "For the record, these 'cuts' work out to ~$3 billion less in spending each month, or less than the amount the Fed has been pouring into the Treasury market each business day for the past five months." same source

‎"...the entire $38 billion is just 2.3% of the deficit and slightly under 1% of the total 2011 budget."

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