Michelle Obama last summer:

During her talk in Pontiac, Michigan, she waxed on about how the $600 rebate given to taxpayers this year to offer relief to consumers is a bit of a short-term fix.

“You’re getting $600. What can you do with that? Not to be ungrateful or anything. But maybe it pays down a bill, but it doesn’t pay down every bill every month.

“Barack’s approach is that the short-term quick fix kinda stuff sounds good. And it may even feel good that first month when you get that check. And then you go out and you buy a pair of earrings.”

Let’s see, $13 * 52 = $676. Weird how statements like that come back to bite you in the butt.