Professor Elam

I'm cutting back and you should too… I'm going to bite the bullet, too!!!! President Obama ordered the cabinet to cut $100,000,000.00 ($100  million) from the $3,500,000,000,000.00 ($3.5 trillion) federal budget. I'm so impressed by this sacrifice that I have decided to do the same thing with my personal budget. I spend about $2,000 a month on  groceries, household expenses, medicine, utilities, etc., but it's time  to get out the budget cutting axe, go through my expenses, and cut back. I'm going to cut my spending at exactly the same ra tio (1/35,000) of my  total budget. After doing the math, it looks like instead of spending  $2,000 a month, I'm going to have to cut that number by six cents. Yes,  I'm going to have to get by with $1999.94, but that's what sacrifice is  all about. I'll just have to do without some things, that are, frankly, luxuries –  six cents worth. Did this President actually think no one would do the math? Please send                                   this to everyone on your list so people understand how idiotic a $100  million cut is in a $3.5 trillion budget – ludicrous!!!!!!! "There are two ways to conquer and enslave a nation… One is by sword… The other is by debt." John Adams 1826FYI…..