Wednesday, April 22, 2009

Can't Do the Math

Unfortunately, Don Boudreaux is tilting at windmills because the government can say whatever it likes. The Americans who voted for him either don't care about reality or can't do math. Or Both.

To put this budget "cut" in perspective, suppose that the typical American family, earning $50,000 annually, plans this year to run a budget deficit proportionate to the deficit that Uncle Sam will run. Such a family would plan to spend $75,000.

This family would declare - surely with much fanfare - that it will reduce its planned expenditures for the year by $2.08! Perhaps it might promise to survive the year with one less gallon of gasoline or with one less cup of coffee.
It is almost like it was planned this way. Breed an apathetic population that also cannot do math. Hmmmmmm.....

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