The Sequester Should Be Embraced, not Feared
February 9, 2013 Leave a comment
The looters and moochers in Washington are increasingly agitated by the prospect of sequestration.
Automatic budget cuts, we are told, will indiscriminately slash vital programs and undermine economic growth by reducing government spending.
This is utter bunk. I would like to "slash vital programs," but the chart I prepared earlier this week shows that the federal budget will expand by $2.4 trillion if a sequester occurs.
The looters and moochers in Washington are increasingly agitated by the prospect of sequestration.As you can see in the graph below spending keeps increasing. Honestly, it's a free-for-all with special interests begging for money for war to money for the poor, against the people who pay the bills. How did we get to this point? And more important, how do we solve this problem?