Sequestration

MalibuGuru · Joined: 11 Nov 1993 Posts: 9300

It looks like the sequester will happen, and the stock market is enjoying the potential cuts. I wish someone could herd the cats in congress and bring us certainty. Obama should make the best of this meager cut by rearanging it.

The size of government has doubled since the year 2000. And Obama, our great leader can't find 1.5% in savings? Cut all govt junkets to the tropics. Sell unused govt land and buildings. Add 1 year to the retirement age spaced over the next 12 years. (1 month per year). Cut govt salaries by 1.5% (excluding military). Guess how many will quit thier jobs? 0....their pay is already way above civilian pay.

nw30 · Posted: Wed Feb 27, 2013 7:19 pm Post subject:

isobars · Joined: 12 Dec 1999 Posts: 20935

mrgybe · Joined: 01 Jul 2008 Posts: 5180

Could it possibly be that the President has no interest in stopping the so-called "cuts"?.........and that he and his Administration are wildly hyping the impact of these negligible reductions in order to have something else to blame for anemic growth in the coming months?

mac · Posted: Thu Feb 28, 2013 12:38 am Post subject:

Clearly the President decided to invest in the politics of budget priorities rather than propose more palatable cuts. That can be described as moving the goalposts, or it can be described as a reaction to Republican dilatory tactics on all policy proposals and appointments. None of us really know what has been said, or decided, in the White House.

But the President's position does not prevent leadership by the GOP, or excuse their lack of action. It is Congress that establishes the budget--the President only proposes. Congressional leadership, of either party, did not suggest more palatable cuts and present them to the President as a bipartisan consensus. Such an effort was not impossible. I think that the GOP--and all the sore-loser conservatives on this forum-- remain obsessed with Obama and willing to blame everything on him.

Obama has been asked by the left in his party to be more assertive in his approach with intransigents in Congress, and take his case to the public rather than make one-sided concessions. If the nominal leadership of the GOP continues to be cowed by, or unable to lead, the Tea Party and thus refuses to negotiate, I would expect Obama to pursue this approach.

It has been the GOP's turn to move and suggest something constructive for a long time. We're still waiting.

Mrgybe's story about the economic growth is wishful thinking, compounded by Obama-hatred. The cuts are rather modest in the context of the whole economy, and the recovery continues. I see more construction in the last aquarter than in the last four years. So a half percent dip in GNP growth, with a 2-4% increase otherwise expected, will not crash the economy. It will, however, illustrate the areas in which the government that the Tea Party hates does things that most people want done.

MalibuGuru · Joined: 11 Nov 1993 Posts: 9300

Conservatives are just happy they can slow down the rate of growth of our govt. It is only 44 billion going to 87 billion next year. This is a drop in the bucket. I also think many conservatives are willing to accept the cuts in defense. Is this president?

You must admit that it is embarassing for the president and his administration to fear monger like they have. Why can't we slow down the growth of government without such antics.

pueno · Joined: 03 Mar 2007 Posts: 2807

boggsman1 · Joined: 24 Jun 2002 Posts: 9120 Location: at a computer

who cares about any of this mumbo -jumbo...all you smart guys are correct. I am also correct when I tell you we are 100 points from an ALL TIME HIGH IN THE DOW!!!! Thats right kids, an ALL TIME HIGH!!! pretty amazing considering we were at 6300 two months into the evil one's first term. Carry on.

isobars · Joined: 12 Dec 1999 Posts: 20935