US Government Budget Flim-Flam 101, Courtesy of Brain Shavings
When is a cut not a cut?
When someone is claiming that the “cut” is occurring in the federal budget for something. It’s almost always a reduction in the level of projected spending that ends up being an increase of more than the rate of inflation compared to the prior year.
My dictionary says that’s what’s known as an “increase in real spending.”
“S.O.B.er”Brain Shavings has more, with graphs and all (HT “S.O.B.er” Porkopolis).
