2.28.2013

The Sequestration Boogeyman



First deny ownership .... second ... scare the bejesus out of people!

The Facts: Obama owns the sequester! It was his idea. He can't blame Bush or the Republicans.

Bob Woodward: Sequester: It was Obama's deal

Excerpt:

Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid, D-Nev. They did so at 2:30 p.m. July 27, 2011, according to interviews with two senior White House aides who were directly involved.

... At the Feb. 13 Senate Finance Committee hearing on Lew's nomination to become Treasury secretary, Sen. Richard Burr, R-N.C., asked Lew about the account in my book: "Woodward credits you with originating the plan for sequestration. Was he right or wrong?"

"It's a little more complicated than that," Lew responded, "and even in his account, it was a little more complicated than that. We were in a negotiation where the failure would have meant the default of the government of the United States."

"Did you make the suggestion?" Burr asked.

"Well, what I did was said that with all other options closed, we needed to look for an option where we could agree on how to resolve our differences. And we went back to the 1984 plan that Senator (Phil) Gramm and Senator (Warren) Rudman worked on and said that that would be a basis for having a consequence that would be so unacceptable to everyone that we would be able to get action."

In other words, yes.
Second scare people! So much more could be cited about this: borders opened to illegals, prisoners released, air craft carriers unable to operate, National parks closed, 3 hour lines at the TSA. But I cite just one:

Maxine Waters: 'Over 170 Million Jobs Could Be Lost' Due To Sequestration

Yesterday we did have Mr. Bernanke in our committee and he came to tell us what he’s doing with quantitative easing and that is trying to stimulate the economy with the bond purchases that he’s been doing because he’s trying to keep the interest rates low and jobs – and he said that if sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these jobs losses, over 170 million jobs that could be lost

And now Karl Rove (read the entire article)

The $85 billion in spending that will eventually be cut after the sequester kicks in amounts to around two cents on the dollar in the overall federal budget.

More:

On Friday, Transportation Secretary Ray LaHood said he'd have to furlough 5,000 air-traffic controllers. On Saturday, the president warned in his weekly radio address that thousands of teachers "will be laid off," and "tens of thousands of parents will have to scramble to find child care."

On Sunday, the White House released a report for each state detailing how many unsafe bridges would be left unrepaired. On Monday, Interior Secretary Ken Salazar threatened to close all National Park campgrounds. Homeland Security Secretary Janet Napolitano said she'd have to sideline 5,000 border agents. Immigration and Customs Enforcement announced it would release from detention several hundred illegal immigrants.

This is all hogwash. After the sequester, this fiscal year's federal budget ($3.553 trillion) will still be larger than last year's ($3.538 trillion). Last year, the border was patrolled, emergency responders arrived when called, and airplanes left on time and landed safely. The federal budget is now $446 billion, 14% bigger than the last annual budget of Mr. Obama's predecessor. Washington surely can survive a modest retrenchment of 2.3%.

Virtually every family, business, state and local government has made deeper cuts than that in recent years.

On the Bogeyman (and the image source):

A bogeyman (also spelled bogieman, boogeyman or boogieman) is an amorphous imaginary being used by adults to terrorize children into submissive behaviour. The monster has no specific appearance, and conceptions about it can vary drastically from household to household within the same community; in many cases, he has no set appearance in the mind of an adult or child, but is simply a non-specific embodiment of terror. Parents may tell their children that if they misbehave, the bogeyman will get them. Bogeymen may target a specific mischief — for instance, a bogeyman that punishes children who suck their thumbs — or general misbehavior, depending on what purpose needs serving.

3 comments:

  1. Another example

    The White House says there is no way to cut $85 billion over the remaining seven months of the fiscal year without "drastically affecting national security and economic policies."

    ReplyDelete
  2. Peggy Noonan on Maxine Waters:

    Noonan: Obama Is Playing a New Game

    Rep. Maxine Waters of California, a 22-year House veteran and ranking Democrat on the Financial Services Committee, this week warned of "over 170 million jobs that could be lost." That's actually more jobs than America has, and it's little comfort to say, "But she's a famous idiot,"

    ReplyDelete
  3. Obama's Sequester Math: $300 Billion In New Revenues Called 'Spending Cuts'

    [Obama's] plan, such as it is, will do nothing to forestall the nation's oncoming debt crisis. After four years, Obama's unseriousness as a president continues to surprise us.

    ReplyDelete

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