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John Stossel: Why We're Losing
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05-10-2012, 12:53 AM
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Avoireeideree
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Oct 2005
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Eventually, Republicans said they’d start by cutting $100 billion out of the 2011 budget. The media were aghast. Liberals wailed about “draconian” cuts. They live in an alternate universe. Congress was planning to spend almost $4 trillion; $100 billion is less than 3 percent of that. Firms in the private sector make bigger cuts all the time without blinking an eye. Good wording. A subtle point often missed.
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