In case you missed last night’s first presidential debate, one of the more ridiculous remarks made about how to trim the federal deficit came from Mitt Romney when asked how he would reduce the current load. He responded by saying:
“I’m sorry Jim, I’m gonna stop the subsidy to PBS. I like PBS. I love Big Bird. I actually like you, too. But I’m not gonna keep on spending money on things to borrow money from China to pay for it.”
Hmm, so you are wondering how much federal funding PBS gets from your tax dollars? The answer is 1/100 of 1%. Not 1% of your tax dollars: 1/100 of 1%.
It’s important to remember that our federal deficit has absolutely nothing to do with not paying for two wars under Bush but instead holding off that payment until 2008. The convenience in putting that bill to the side until a later date is just a coincidence mind you.
Think of it like a credit card.
You spent $20,000 on a new Toyota Camry in 2001 and then bought another car, a BMW this time — moving on up like the Jeffersons — in 2004, but the Toyota dealership was nice enough to let you slide on any car payments until January 2009, which, at this point, you handed the keys over to the black guy who just moved in to the neighborhood.
Or, think of it this way:
Let’s say you and your wife bring home $3,000 together every two weeks. You’re having difficulty paying for daycare so you write up a plan to cut wasteful spending. You need to tighten your belt. Trim the fat around the edges. If you cut 1/100 of 1% of $3,000, you’ll save 3 cents from your budget every two weeks.
Grab the car keys and gas up the minivan. We’re going to 7/11. Daddy’s gonna buy a piece of Double Bubble Bubble Gum. It’s 1986 all over again. Party.
Okay, let us review so that we’re clear:
- PBS = The reason the federal deficit exploded
- Iraq/Afghanistan = Absolutely nothing to do with deficit
Cutting funding to PBS and NPR has long been part of the rallying cry of the right. You know, because everyone and his brother knows that PBS and NPR are run by Marx and Engels and that Sesame Street’s full intention is to brainwash your children and make them accept diversity — not to mention socialism.
Bert and Ernie.
Marx and Engels.
A one syllable name followed by a two syllable name.
I think not.
Obama responded at a rally today:
“Thank goodness somebody is finally getting tough on Big Bird. It’s about time. We didn’t know that Big Bird was driving the federal deficit. But that’s what we heard last night. How about that?”
A shout came from the audience: “Elmo.”
Obama responded, laughing: “Elmo, too?”