Forgive me a random post in the middle of my self-imposed exile but after reading Squatch’s post about the unseriousness of our elite leaders, I couldn’t resist.
In the vein of the old philosophical question – if a tree falls in a forest and there is nobody there to hear it, does it make a sound? – the same goes for the “draconian” sequestration that will not actually cut anything. As Veronique de Rugy deduces from their own data, government spending continues to grow – with or without sequestration – the bureaucrats just don’t get to spend as much as they wanted to:
This week, Mercatus Center Senior Research Fellow Veronique de Rugy uses data from the Congressional Budget Office (CBO) to examine the estimated growth in spending without and with a potential Budget Control Act (BCA) sequester. As the chart and the accompanying data show, the purported spending “cuts” arising from the sequester are merely reductions in the overall growth of spending, not actual cuts that would address and relieve the United States’ debt problems.
A larger version of de Rugy’s chart is here.
The main reason that Obama and his cronies are yelling so loud is that as Rick Klein at ABC reports, his audience is already headed for the exits:
Hundreds of thousands of jobs are at risk. Delays await at airports. Padlocks are ready at national parks.
The nation will suffer greater risk of wildfires, workplace deaths, and even surprise weather events, if government predictions are to be believed. Our entire military readiness and superiority are at risk.
What if nobody cares?
President Obama sure does. He’s making the case, aggressively and comprehensively, that the automatic spending cuts set to go into effect at the end of the month will have a devastating impact, both on the economy and on essential government services.
“They will slow our economy. They will eliminate good jobs. They will leave many families who are already stretched to the limit scrambling to figure out what to do,” the president said Saturday in his weekly radio address.
But there are few signs to suggest the public is listening. A poll out late last week found that barely one in four Americans said they’d heard much about the automatic spending cuts — known unhelpfully for public-comprehension purposes as “sequestration” — and four in 10 said they were comfortable with the cuts going into effect.
Against the advice many of the pundits – neocon RINOs like Bill Kristol included – I think the Republicans should do nothing – at least nothing more than the two sequestration replacement bills that the House has already passed.
Because I think the worst fear of Obama and the Democrats is that the sequester goes into effect and none of the cataclysms that they are screaming about actually happens. You do have to wonder why our economy can withstand the roughly $85 billion in immediate tax increases that hit on January 1 but can’t take reductions in the rate of spending of about the same amount.
Of course, it can be expected that Obama will try to make this as painful as possible to support his cry for even more taxes but there is danger in that. He could be seen as inflicting unnecessary pain on the American public purely for political gain (and accurately so).
Let it burn.