Quotulatiousness

September 15, 2012

The amazing time-travel effects of sequestration

Filed under: Government, Media, USA — Tags: — Nicholas @ 11:35

Nick Gillespie tells us to expect a lot more stories attributing current troubles to future spending cuts:

Now that the White House has released its massive sequestration report detailing the $1.2 trillion in possible cuts to future spending over the next 10 years, expect to read more headlines like the following from Buzzfeed:

You got that implication, kemo sabe?

Possible future trims in spending have something to do with what’s going in the Middle East right now. Not that embassies are under attack now because of American foreign policy or world events or rotten security or whatever. Or that we can’t defend our citizens and diplomatic corps right now despite record-high levels of spending on defense and military operations for most of the 21st century.

No, the real bad news is coming if and when the United States stops its 12-year long spending spree that has all but killed any chance of recovery and piled on the debt like Dagwood Bumstead loading cold cuts onto a sandwich roll.

[. . .]

This much is true: The planned cuts are across-the-board to particular programs including everything from defense to Medicare to education to you name it (that was the point, to share the costs).

And this much is complete bullshit: “sequestration would be deeply destructive to national security, domestic investments and core government functions.”

In fact, the cuts for 2013 amount to maybe a whopping $120 billion in an annual budget that is likely to run about $3.8 trillion. Out of the $120 billion, about $50 billion will come out of military budget that will be well north of $650 billion, including war funding.

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