Academic

IS OBAMA LOSING PAUL KRUGMAN? $100 million here, $100 million there ?pretty soon, even here in?

By Glenn Reynolds

IS OBAMA LOSING PAUL KRUGMAN?

$100 million here, $100 million there ?pretty soon, even here in Washington, it adds up to real money,? says the president.

Except, you know, really it doesn?t. Let?s say the administration finds $100 million in efficiencies every working day for the rest of the Obama administration?s first term. That?s still around $80 billion, or around 2% of one year?s federal spending.

Yeah, this was a lame effort.

Full post as published by Instapundit.com on April 21, 2009 (boomark / email).