Thursday, February 21, 2013
The Sequester: Smoke and Mirrors
Here is the salient fact about the awful, the stupendously terrible, the APOCALYPTIC sequester: it is not a real cut at all but a mere slowing down of the increased spending already planned for the current fiscal year. That's right, we are overspending way past our income but under the dreaded sequester we would overspend just a little bit less. This is the Federal version of what local politicians do when the city budget is threatened with cuts - no fire, no police, schools will close - WE ARE DOOMED!!!! Bull. If the Feds can't manage a slowdown in spending with intelligent cuts, then trying to balance the budget in the long haul is a lost cause and let's just go the way of Greece right now. What happened to the United States that won WWII and the Cold War? That beat the Brits in the Revolutionary War? That defeated slavery in the Civil War? Get a grip and get going! We have become a bunch of wimps.
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