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Political Discussion
Reply to "BOB WOODWARD: Obama Is Showing 'A Kind Of Madness I Haven't Seen In A Long Time' "
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[quote=Anonymous][quote=Anonymous][quote=jsteele][quote=Anonymous]to think a $85B "cut", which is not even a cut at all, is going to have an effect on our huge budget is just laughable. The reason Obama is so scared is that people WILL NOT EVEN NOTICE THIS CUT, and it will open the gates to acceptance of true budgetary reform.[/quote] I am not sure where you got the idea that this is not a cut. It is coming out of fiscal 2013 budgets. That's money that the government was planning to get and now won't. The world won't end on March 1, but if this isn't resolved within a couple of months, people will notice. Seeing posts like this is totally deja vu from the election: the polls were skewed, Romney was going to win Ohio and Virginia, and it was going to be a Romney landslide. Don't you guys get tired of being divorced from reality? All we need is Rove telling furloughed government employees not to stay home because there are still votes out in Ohio. One more thing. The Pentagon, in an attempt to hoard its funds in case of a sequester, drastically reduced spending months ago. That was reflected in the January Commerce Department report that showed the economy was shrinking primarily as a result of reduced defense spending. The Pentagon had prepared for a Jan. 1 sequester (that's when it was originally supposed to kick in) and reduced spending in the prior quarter. So, if the sequester has already negatively impacted our economy without even coming into effect, what do you think will happen when it actually occurs? [/quote] a cut from 2013 budgets, but what cut compared to 2012, 2011 and 2010? it is minimal.[/quote] Not really true and this is why. The growth in the budget is in the categories that don't get cut. This shows the planned growth of the major budget categories: [quote]Annual rates of increase in major spending categories budgeted for the 2012-2022 period were: Defense: 1.8% Non-defense discretionary: 1.6% Social Security: 5.8% Medicare: 6.6% Medicaid: 8.5% Net interest: 14.2% Total spending: 5.0%[31][/quote] So Medicare, ss and interest grow quickly and btw are really large. Meanwhile discretionary spending grows about at the rate of inflation. So does defense. [/quote]
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