The Sequester — Many ready to say ‘Let her rip’
February 23, 2013 11:49 PM | 2305 views | 2 2 comments | 5 5 recommendations | email to a friend | print
The sequester — it’s a bad idea, but one whose time seems to have come.

It’s a lousy way to address the nation’s budget problems, a failure of leadership by Congress and especially by this president, who talks a great game about wanting to control spending and reform entitlements, but who rarely offers any suggestions of substance and sees higher taxes as the solution to nearly every problem.

Deep spending cuts are due to take effect automatically on Friday as part of the sequestration process that President Obama initiated. The president now is demanding that Republicans go along with higher taxes in return for more spending on his part. If they fail to do so, he is warning of economic catastrophe, military catastrophe and more. The House Republicans have passed measures two different times to replace the sequester with more sensible cuts, but he has rejected them. He’s now threatening a meat-cleaver approach to cuts if the Republicans do not go along with his “revenue increases.”

There are hundreds, or more likely thousands, of middle-managerial type people reading this page who, if told by their bosses to cut their budgets by 5 percent, could do so, albeit with reluctance. After all, that’s what everybody has been having to do in recent years thanks to the economy.

Yet rather than insist that government make small cuts here and there to achieve the 5 percent cut in domestic spending that’s needed, and the 7 percent cut in military spending, Obama is threatening to make deep cuts in vital services right off the bat to pressure Republicans to give in. And you can be sure the major media will be in lockstep with him in terms of assigning blame.

The sad thing is that despite all the teeth-gnashing about the sequester, it would amount to a pittance, just $1.16 trillion over the next 10 years. That sounds like a lot, but it comes to only 3 cents on each federal dollar. You’ve probably cut your household budget by a lot more than that in recent years. Why can’t Congress? And why can’t this president?

The $85 billion in savings from the sequester would represent just 2.3 percent of total federal spending for the year, according to the Wall Street Journal.

Additionally, even if the sequester goes into effect, the federal government would still be spending slightly more in 2013 than in 2012 — that is, $3.55 trillion vs. $3.53 trillion.

U.S. Rep. Tom Price (R-Roswell) put that into the right perspective last week.

“So what we’re doing (with the sequester) is decreasing our federal spending for one fiscal year of $3.6 trillion by just $85 billion,” he said. “If we can’t find that then clearly, we’re never going to be able to get our fiscal house in order.”

As Ronald Reagan often said, “Washington doesn’t have a revenue problem, it has a spending problem.”

So it’s understandable why, with such facts in mind, many Americans think that if a sequester is the only way to get Washington to face up to its spending problem, then “Let her rip.”
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GoodScout
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February 25, 2013
All you Lockheed workers and businesses that rely on cash from these government programs you loathe - you just enjoy yourself. Don't forget to thank Tom Price and the rest of Georgia's GOP delegation as your economy slides into ruin! Ta ta, Georgia!
anonymous
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February 24, 2013
Claire McAskill is on tv now saying she's proud to be "part of the moderate middle" when in fact she's a far left democrat senator posing as a centrist and she represents exactly what's happening: this administration's goal is to push all Republicans into the far right corner and destroy them.

The bottom line is that our country is being destroyed by this president and his minions, who pose as centrists while they enact their Marxist, statist policies, ruining new and old businesses and impugning the characters and reputations of anyone who opposes them.

Let sequestration rip and know it is Obama's baby. But watch what he's doing in the meantime, and pray that four more years goes quickly, without major incident. Because Obama only cares about himself, not this country.
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