The Case for Across-the-Board Spending Cuts

Across the board spending cuts, is a nice fallacy. Remember both sides are being played here. If you are conservative/Tea Party you are being manipulated (Even though you may not even know it)
Democrat/ Progressive you are being used (but you know it and are in power)

http://en.wikipedia.org/wiki/Starve_the_beast

its a strategy they are trying to starve the beast, yes you say we know about this already. The real issue is what is the goal. ?

Remember Wall Street bailouts and too big to fail yes they got bailed out and got lots of $$$
How will the super rich get more money ? by starving the beast and having the government collapse. Maybe thats why So many Wall Street banks have invested and own so many US Treasuries, and Bonds. By Shorting the US Dollar in 2009 following George Soros advice and strategy, I made a nice profit after the US Debt was downgraded. And in 2013 the US Debt will be downgraded again. Look for a downgrade to AA- in 2013 by the Big Rating agencies.

http://en.wikipedia.org/wiki/Unit..._downgrade

Well here go again remember those words Too Big to Fail, the Government is too Big to fail so the cycle starts all over again. If the Government is too broke to spend and invest and grow and too broke to pay its bills. Its done. (printing money only makes the problem worse with inflation making Trillion dollar coins won't do anything)

You can see this on a smaller scale with States happening already.

Whats the whole purpose of this ? possibly like 9/11 which may or may not have been a diversion to set the frame work for the 2008 collapse and no one notice. (that was gonna happen no matter who was in the white house take note of how they don't care which party is in power). Just kinda happened to be blame it on the black guy. Even if 9/11 was just a enemy attack they sure took advantage of the distraction.

The frame work for the distraction is being set again, in Starve the Beast and collapse the government. Remember even if you collapse the government only the middle class to poor classes get hurt 99% of us. The rich get even more money and this is the goal of all these "Fiscal Cliffs" and Across the board spending cuts its all a side show distraction.

Quote from HEATBaller : Remember Wall Street bailouts and too big to fail yes they got bailed out and got lots of $$$ How will the super rich get more money ? by starving the beast and having the government collapse.

If you want to collapse the government, you just spend it $17 trillion dollars into debt and then wait for interest rates to rise.

Quote from HEATBaller : You can see this on a smaller scale with States happening already.

States that live within their means seem to be doing ok.

Quote from Deusxmachina : States that live within their means seem to be doing ok.

Don't equate government to a family of 4 living on a single income. Anytime some one compares the US. Government or a State government to a family and its finances we all suffer and become a little dumber. I could count they ways they differ but I'm not even going to bother.

Quote from HEATBaller : Don't equate government to a family of 4 living on a single income. Anytime some one compares the US. Government or a State government to a family and its finances we all suffer and become a little dumber. I could count they ways they differ but I'm not even going to bother.

I'm guessing you also won't bother to count the ways of how $17 trillion dollars of debt is a good idea.

We all have become dumber by your post since my statement still stands: States that live within their means seem to be doing ok.

Quote from roughnready : Hey, remember a few months ago when Boehner was holding the U.S. economy hostage by not raising the debt ceiling to pay for spening that Congress already approved? Sure you do. The result was the sequester. You can see Boehner's Powerpoint presentation touting the sequester here: http://www.thedailybeast.com/arti...r-all.html. Heck, you can just read news articles from last year if you don't remember. Hey, remember when one of the credit agencies lowered the U.S.'s credit rating due to Boehner's brinksmanship with the U.S. debt, which ended up costing U.S. taxpayers more money for no good reason? There's only one person here faking outrage and tears, and it sure ain't me.

Again, only the House has stepped up with an actual budget and passed it. How many YEARS has it been now that Democrats in the Senate have failed to fulfill their obligation to pass a budget? Hell, the Democrats in the Senate explicitly refuse to even propose a budget. And Obama, while he proposes budgets, his own party in Congress overwhelmingly reject it.

But it's Boehner who is the problem...

Quote from jonsmith74 : Again, only the House has stepped up with an actual budget and passed it. How many YEARS has it been now that Democrats in the Senate have failed to fulfill their obligation to pass a budget? Hell, the Democrats in the Senate explicitly refuse to even propose a budget. And Obama, while he proposes budgets, his own party in Congress overwhelmingly reject it. But it's Boehner who is the problem...

Sequestration in any case is already phased in. Only about $44 billion is cut in 2013. The full $90 billion comes only in 2014.

Quote from jonsmith74 : Again, only the House has stepped up with an actual budget and passed it. How many YEARS has it been now that Democrats in the Senate have failed to fulfill their obligation to pass a budget? Hell, the Democrats in the Senate explicitly refuse to even propose a budget. And Obama, while he proposes budgets, his own party in Congress overwhelmingly reject it. But it's Boehner who is the problem...

What does that have to do with Boehner not acting to stop the sequestration?

Quote from roughnready : What does that have to do with Boehner not acting to stop the sequestration?

you do realize that Obama himself said he opposes any efforts to repeal the sequestration, and would veto anything that came to his desk that did such a thing....you DO remember that, right?

Quote from Radeck : you do realize that Obama himself said he opposes any efforts to repeal the sequestration, and would veto anything that came to his desk that did such a thing....you DO remember that, right?

The President has laid out a specific plan with detailed cuts to avoid the sequester. Right wing media has sort of been ignoring this fact though.

http://www.whitehouse.gov/sites/d...report.pdf

Shorter document with the President's last offer to the Speaker:
http://www.whitehouse.gov/sites/d...ted_r8.pdf

Quote from roughnready : The President has laid out a specific plan with detailed cuts to avoid the sequester. Right wing media has sort of been ignoring this fact though. http://www.whitehouse.gov/sites/d...report.pdf Shorter document with the President's last offer to the Speaker: http://www.whitehouse.gov/sites/d...ted_r8.pdf

What a crock of bull. He forgot to mention the new spending he has demanded for unemployment benefits and Hurricane sandy.

Beyond that its a standard pay tomorrow for spending today plan. They'll spin the same bull on January 1, 2014.

http://abcnews.go.com/blogs/polit...e-a-break/


Take today’s White House example: The Department of Transportation.

The Department of Transportation’s budget for 2013 is $74.2 billion. The automatic spending cuts would slice $1 billion out of its budget: that is a cut of less than 1.4 percent.

And consider this: even if the cuts go into effect, the Department of Transportation will spend more money this year ($73.2 billion) than it spent last year ($72.6 billion).






Ah, the sky is going to fall because you have only slightly more money than you did the year before. They must think we are fools.


Here's passenger data for the past 12 months, in thousands.

Dec 2011 59,594
Jan 2012 54,929
Feb 2012 53,577
Mar 2012 65,008
Apr 2012 61,992
May 2012 64,126
Jun 2012 67,144
Jul 2012 69,802
Aug 2012 68,366
Sep 2012 57,935
Oct 2012 61,298
Nov 2012 59,210



Smart people would just double up on furloughs in January, February, April, September, October, November rather than simply doing equally by week.

Oh wait this is the obama government.

Quote from kharvel : Cut the number of supercarrier battle groups in half, close overseas bases, and STOP working as the world policeman for FREE!

I agree.

Quote from Krazen1211 : http://abcnews.go.com/blogs/polit...e-a-break/ Take today’s White House example: The Department of Transportation. The Department of Transportation’s budget for 2013 is $74.2 billion. The automatic spending cuts would slice $1 billion out of its budget: that is a cut of less than 1.4 percent. And consider this: even if the cuts go into effect, the Department of Transportation will spend more money this year ($73.2 billion) than it spent last year ($72.6 billion). Ah, the sky is going to fall because you have only slightly more money than you did the year before. They must think we are fools. Here's passenger data for the past 12 months, in thousands. Dec 2011 59,594 Jan 2012 54,929 Feb 2012 53,577 Mar 2012 65,008 Apr 2012 61,992 May 2012 64,126 Jun 2012 67,144 Jul 2012 69,802 Aug 2012 68,366 Sep 2012 57,935 Oct 2012 61,298 Nov 2012 59,210 Smart people would just double up on furloughs in January, February, April, September, October, November rather than simply doing equally by week. Oh wait this is the obama government.

It's not new...

http://en.m.wikipedia.org/wiki/Wa...t_Syndrome

I feel like the best way to respond to something like this is to fire the person who makes that decision.