If government can cut costs, we all can
Filed under: Budgets, Debt, Stimulate US, Green, Economizer
As Americans struggle to keep up with payments, the government is busy trying to economize. The country is facing a $1 trillion deficit that is increasing as government spend more to tackle the problems of the recession. Recently, the Wall Street Journal featured an article that explained the new savings effort within various government agencies. I call it "the organic stimulus" -- properly budgeting money so that you will have enough to continue operations during bad times.
It all started in April, when President Obama ordered his cabinet secretaries to locate $100 million in budget cuts. The Forest Services Department, for example, stopped repainting newly purchased white vehicles green to save money.
Here's a short list of some of the cut backs:
• Department of Justice:
Printing and copying on both sides of the paper.
Estimated $573,000 saved
• Navy
Delete unused email accounts
Estimated $5 million saved
• FEMA
Renovate and reuse or sell emergency trailers
Estimated $3.8 million saved
It's important to note that all of these savings merely affect the steep deficit. The cut backs only decrease our debt by about 0.006%, which is equivalent to a simple rounding error. Despite the small impact, it's a good start.
I agree with what Brian Riedl, a federal budget expert at the conservative Heritage Foundation, that one does not need a presidential order to be frugal during a recession. In my opinion, it takes responsibility and common sense to save when you have little money.



Reader Comments (Page 1 of 1)
8-08-2009 @ 12:22PM
Steven said...
This is the most ridiculous article I've ever read. Because you and everyone else knows that when the government "saves" money in one area, it spends an extra 2-1000X more in another area.
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8-11-2009 @ 1:35PM
Tom said...
I think it is pretty sad that credit card companies go after college students and get them locked into dept that they know they can't afford. Free t-shirt or a two liter of soda, sad but they do it.
I heard about the new bill being passed that requires a co signer for anyone under twenty one.
Great news, but what can we do about the the students who have themselves caught already?
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8-20-2009 @ 10:42AM
Tom Barlow said...
That's a big if.....
Reply
11-02-2009 @ 4:14PM
JP said...
You can't make this stuff up folks!
Medcais/care fraud estimated at 120 BILLIION.
Social Security by illegal aliens 100's of billions.
(These are Obama numbers, can you imagine thr REAL ones)
NOTHING done about!
So print on both sides of your paper and all will be well.
Al Gore is well he is a uhh oh you know unless you are in college then you wouldn't know that he is not well in the brain department!
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