Everything about this is perfect. First that he REALLY thinks he's found an answer, and he can't believe nobody has thought of this before, and then the cruching dissapointment as he realizes he's off by about 200 times the national budget, to the fact he put forth an argument for socialism.
This same exact argument came up with the bank bailout, with some email telling everyone that billion came out to 5,000 a person. I saw this in person, people arguing for this solution to my face until I asked them to use the calculator on their phone to run the numbers themselves.
I'm almost impressed he didn't try to redefine math instead of admitting to doing it wrong. "Folks, it's this Obamamath they've got us on these days..."
The most horrible part of all is that I can kind of see that happening, in the bible states perhaps, where science doesn't yet have that large of a foothold.