TAMPA, March 1, 2013 – Imagine this: You’re behind on your gas and electric bills. It’s Friday. Unless you make a payment on Monday, your utilities are going to be shut off. Your house will have no heat and your only option for light after sunset will be candles.
Now, imagine you borrow the money to pay the bills, but instead of paying them, you go out on Friday night visiting friends and handing the money out. “Don’t bother to pay it back!” you exclaim. “We’ve got plenty.”
Monday comes and you can’t pay the utility bills. Your suppliers shut off your electric and gas.
You’re either so crazy it’s stupid or so stupid it’s crazy. Probably both. That’s where the U.S. government is. Crazy stupid.
Despite hysterical warnings of economic collapse, sick children without healthcare, cats and dogs living together – you name it – as a result of sequestration, the U.S. government still plans on taking $50 billion dollars that it could use to pay some of its obligations and handing it out to other governments who supposedly need it more. Some media are frantic that it might be cut by 5 percent.
Let’s not forget that these aren’t “cuts” by any definition of the word outside the District of Columbia. A cut would mean that if you spent $1 billion on a particular program in 2012, you will spend $900 million in 2013. The sequester cuts don’t work that way.
Sequestration merely cuts planned increases in spending under D.C.’s “baseline budgeting.” In other words, if you spent $1 billion in 2012 and planned to increase that to $1.2 billion in 2013, sequestration means that you only increase it to $1.1 billion. You still spend more than the year before, just not as much more as you planned.
These are “draconian cuts” in D.C. (Delusional City).
Even if the cuts were actually cuts, it is scary to think that some people really believe that $85 billion in a $3.6 trillion budget would make a difference. For those who do, Nick Gillespie at Reason has some real estate he’d like to speak with you about.
But before you head for the bunker or put a down payment on a famous bridge, I’d like to offer some sensible alternatives to sequestration calamity. Here are three that would solve the sequestration problem with billions to spare:
TAMPA, February 12, 2013 — Pundits are already atwitter over tonight’s annual exercise in political posturing. The question many are asking is whether Obama will stay on the attack against his Republican opponents or attempt to use the speech to identify areas where he can work with them.
TAMPA, January 20, 2013 — One day before his second inauguration ceremony, President Obama has plenty of reasons to smile. Despite a persistently weak economy, he was reelected by a comfortable margin in November and then completely outmaneuvered his Republican opponents in the tax hike standoff. That ended with Republicans breaking a decades-old pledge never to raise taxes.
TAMPA, December 18, 2012 –U.S. Senator Dianne Feinstein has vowed to introduce a bill to ban assault weapons nationwide, similar to existing legislation in California. In doing so, she will effectively abolish yet another of the first ten amendments to the Constitution.
TAMPA, December 1, 2012 ― President Obama and the Democrats were successful in 2012 largely on the strength of some rather outlandish demagoguery. “Billionaires pay fewer taxes than their secretaries” was one slogan that was particularly successful.
TAMPA, November 27, 2012 – The 24-hour news cycle is dominated with frantic warnings about the “fiscal cliff.” If you merely listen to the sound bites, there is another “emergency” facing the United States of America and only some drastic action by Congress can avert it.
TAMPA, November 25, 2012 ― The media can’t get enough of the “investigation” into what the Obama administration knew about what was happening in Benghazi and when they knew it. Obama survived the initial furor and got reelected, but the controversy rages on.
TAMPA, November 16, 2012 – Dear President Obama,
TAMPA, November 8, 2012 – “We’re all socialists now.”
TAMPA, November 4, 2012 – “Remember, remember the 5th of November.”