Feb. 25, 2013 - PPM - Se-Question?
This week's PET PEEVE MONDAY (PPM) is the SEQUESTER.
It is next in the line of "manufactured criseses." The Fiscal Cliff, The Debt Ceiling, and now the SEQUESTER.
The Sequester came about because of an agreement in 2011 to avoid the then Fiscal Cliff. It was proposed by Obama, proposed by Congress, and SIGNED by Obama into LAW.
To be clear, the 2013 impact of the Sequester is a $85 billion out of a $3.6 TRILLION annual budget. A 2.2 % reduction. That's it.
It's not even an actual reduction in spending from the prior year. It's a 2% reduction in the INCREASE from the 2012 spending levels. So we are going to spend more in 2013 than in 2012, just not as much.
It's like your weekly allowance is going from $25 to $30 but not to $30.60. A 2% difference.
Democrats and the Obama Administration warned Americans this week that the proposed sequester cuts would result in 700,000 job losses by the end of 2014.
That sounds pretty awful, huh?
Well, it sounds bad until you compare it to the Obama stimulus.
In the three years after the $787 billion dollar Obama stimulus the Labor Force Participation Rate dropped from 65.7% in January 2009 to 63.6% in September 2012. That means that after the stimulus was passed, nearly 5 million Americans fled the workforce in hopeless despair.
5 Million Job Losses for spending MORE versus 700,000
job losses for spending LESS.
Obama and his surrogates are out in full force offering their "Chicken Little" assessment of what will happen if the OBAMA sponsored Sequestration happens:
The FAA will have to close airports. (Transportation Security Hood)
The US will be more vulnerable to terrorist attacks. (National Security Napolitano)
We've heard from every WH Cabinet Secretary except the Secretary of Agriculture. I'm sure Crop Circles will now become Crop Ovals because of the deflated funding.
In response, the GOP should make a long list of ridiculous/wasteful spending and keep asking Obama why he's cutting children's vaccines instead $1000 Dept. of Defense hammers.
The Sequester should happen because we NEED SPENDING REDUCTION.
Just get prepared for Obama blaming the crappy economy on the sequester for months upon months.
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Labels: Pet Peeve
1 Comments:
Three days after the Sequester hit and the sun still cam eup.
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