I realize that there is a lot of talk about a three percent across the board spending trigger, and I do understand that the Obama Administration wants to use that trigger that the president instituted to cut vital services in order to make the point that they want to spend more money.
But let’s look at the pie chart.
We have been having a number of manufactured crisis points since the last national election. None of them are necessary, but all of them are played out for the sake of drama and political gamesmanship. The Commander-in-Chief pulled the bulk of the Atlantic Fleet into port and the military is being chopped in the areas of training and readiness as an example to America of how bad the GOP is.
Over the past six years, the federal government has grown by 40%. Now comes the 3% sequester and the sky is falling. Really? Space on the internet may be essentially unlimited, but much of the sequester discussion is a waste of the space it occupies.
President Obama wants higher taxes to fuel his spending habit. I am not necessarily opposed to higher taxes but it makes no sense to institute that sort of pain without severe spending reductions – well over the 3% figure.
Some will find this revelation shocking. Where’s Bob Woodward for a comment?