Quotulatiousness

November 23, 2011

QotD: How the sequester is a symptom of political cowardice

Filed under: Economics, Government, Politics, Quotations, USA — Tags: , , , — Nicholas @ 09:40

Those who can do. Those who can’t form a supercommittee. Those who can’t produce a majority vote in a supercommittee sequester. Those who can’t even sequester are telling the world something profound about American inertia.

As Veronique points out [. . .], the “automatic” sequestration cuts would over the course of ten years reduce US public debt by only $153 billion. Which boils down to about a month’s worth of the current federal deficit.

Yet even slashing a pimple’s worth of borrowing out of the great oozing mountain of pustules will prove too much for Washington.

Mark Steyn, “Happy Sweet Sequester’d Days”, National Review Online, 2011-11-21

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