At His First Official Cabinet Meeting, Obama Orders Cuts

First, why is Obama holding his first official cabinet meeting four months after he was sworn in as president.

Second, does Obama really think people are stupid are stupid enough to believe that cutting $100 million from the budget amounts to a hill of beans.

Fortunately, the mainstream media is calling Obama on this sideshow distraction.

From the Washington Post

“To put those numbers in perspective, imagine that the head of a household with annual spending of $100,000 called everyone in the family together to deal with a $34,000 budget shortfall,” Harvard University economist N. Greg Mankiw, a Bush administration official, wrote on his blog. “How much would he or she announce that spending [be] cut? By $3 over the course of the year — approximately the cost of one latte at Starbucks. The other $33,997? We can put that on the family credit card and worry about it next year.”