The venerable Associated Press had a story out Monday about Obama's plan to slash the budget. The headline: SPIN METER: Saving federal money the easy way.
It goes on to say that Obama's proposed "cuts" are the equivalent of reducing your latte intake by one or two per year. Or asking a family making $60 000 to reduce spending by $6.
Even the New York Times says that, upon hearing of Obama's budget slashing, "budget analysts promptly burst out laughing."
Former labor secretary Robert Reich even said "this is pretty small potatoes. I mean, it's the beginning. It's at least a gesture, an important gesture."
Rahm Emanuel's damage control: “This is a symbol of a new attitude and a new perspective."
Well, yes, it's all gesture and symbolism. No substance at all.
Good roundup of the reactions is at US News & World Report.
