Tuesday, February 26, 2013

The Sequester Fairy Tale...

So we made it through the Mayan apocalypse unscathed only to face a self-created  "sequester apocalypse" this Friday, when $85 billion is arbitrarily cut from the government budget. Everything from people losing jobs to poison meat will derail  the US for years to come...but will it really?
http://www.realclearpolitics.com/articles/2013/02/26/the_fairy_tale_on_spending_cuts_117168.html

or, apparently, it WILL hurt as much as they say...
http://www.nationaljournal.com/congress/what-is-sequestration-and-what-does-it-mean-for-me-20130226

I guess the bottom line is this...if you cut spending, someone is going to get hung out to dry. It depends whether you want to deal with it now, or kick the can down the road, but all in all, someone's going to get the short end of the stick with reduced budgets.

Maybe these cuts are dire and they will negatively affect the fragile economy...but then, I suppose, you could probably make that argument at any point in time...at some point you have to bite the bullet...and I'm not saying that the sequester is the way to do it, but I don't know if there will ever be a time when making tough cuts won't hurt the people that use the funds.

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