Obama claims $800 billion in "spending cuts" by not continuing the wars in Iraq and Afghanistan for the next 10 years. Why not claim $8 trillion over 100 years? Or $80 trillion over 1,000 years?
Using Obama's logic, I can afford to buy a $500,000 house tomorrow simply by deciding not to buy a $50,000 Cadillac in each of the next 10 years. Maybe I should decide not to buy 10 Cadillacs each year and use the "savings" to buy a $5,000,000 house!