Little-Acorn
Well-Known Member
All the politicians are screaming about how terrible the cuts will be in sequestration.
Just one problem: There aren't any.
For the last four years (2008-2011), we have increased govt spending an average of 9% per year.
The $85 billion in so-called "cuts" that sequestration will cause, are simply reductions in the rate of increase. And the amount to about 2% of the Federal budget - a relatively tiny amount.
If the Federal budget is scheduled to go up the same as it has in recent years, then this will be taken off the top. So, what would have been a 9% increase, will now become a 7% INCREASE because of sequestration.
That's still an INCREASE. It's not a cut at all.
We keep hearing stories about how teachers will be fired, National Parks will close, etc. etc. because of this coming sequestration. Excuse me, all these terrible things will happen because of a 7% INCREASE in spending???
And that's what they're saying will happen NEXT year, when sequestration kicks in.
Well... we lived through THIS year, without any of the 7% increase at all. Because we don't get that 7% until next year. We had even less govt spending, than we'll have after the 7% for next year. Why didn't any of these terrible things happen THIS year, when we had even less spending than in the "disastrous" year coming next year?
I am the only one who thinks these dire predictions make no sense at all?
Just one problem: There aren't any.
For the last four years (2008-2011), we have increased govt spending an average of 9% per year.
The $85 billion in so-called "cuts" that sequestration will cause, are simply reductions in the rate of increase. And the amount to about 2% of the Federal budget - a relatively tiny amount.
If the Federal budget is scheduled to go up the same as it has in recent years, then this will be taken off the top. So, what would have been a 9% increase, will now become a 7% INCREASE because of sequestration.
That's still an INCREASE. It's not a cut at all.
We keep hearing stories about how teachers will be fired, National Parks will close, etc. etc. because of this coming sequestration. Excuse me, all these terrible things will happen because of a 7% INCREASE in spending???
And that's what they're saying will happen NEXT year, when sequestration kicks in.
Well... we lived through THIS year, without any of the 7% increase at all. Because we don't get that 7% until next year. We had even less govt spending, than we'll have after the 7% for next year. Why didn't any of these terrible things happen THIS year, when we had even less spending than in the "disastrous" year coming next year?
I am the only one who thinks these dire predictions make no sense at all?