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Justin Amash on Sequester: 'These are not devastating cuts'

House conservatives say John Boehner shouldn't have agreed with President Obama's "chicken little" talk about spending cuts.


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These are not cuts at all!!

To put it in household terms: My family planned to spend $27,000 in 2013 as opposed to the $25,000 we spent in 2012. We expect our income in 2013 to be $15,000 and the bank will loan us the other $12,000. Now along comes the sequester and we will only be able to spend $26,440 in 2013, a 2% reduction of what we planned to spend. Now the bank will only loan us $11,440.

If you will excuse the rough rounding, to get the Federal Government picture from the above $27,000 equals $2.7 trillion and the bank is the Federal Reserve. The amount cut is negative.

Magna est veritas, et prevalebit. Truth is most powerful, and will ultimately prevail.

The sequester is small potatoes.

Let the cuts happen!

Sequester or not, spending going up, up & away!

If sequester goes into effect, the United States debt would reach 100% of its Gross Domestic Product (GDP) just two years later than it is currently scheduled to hit that percentage.
Chart: http://bipartisanpolicy.org/sites/default/files/sequester13.jpg

News of USA going bust: http://www.WashingtonPost.com/blogs/the-fix/wp/2013/02/19/un...

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul