CBS News reported yesterday that the national debt has risen by more than $6 trillion since President Obama took office. During the eight years George W. Bush was President, the debt grew by $4.9 trillion.
The ‘cuts’ in sequestration are not the best cuts that could be made. There were better ways to do this. The most obvious improvement would have been to actually cut the budget. Although sequestration cuts the budget from now until June by about $40 billion (to keep things in perspective–aid to the victims of Hurricane Sandy was $50 billion), it only cuts the future rate of growth–it does not cut future spending. Next years budget is larger than this years budget.
1. The cuts are small, and most of them take place in future years. We know how that generally works.
2. Government spending is still increasing, even with the cuts.
3. The Pentagon budget will be about $500 billion, not counting war-related and emergency appropriations.
4. One example of how badly the government manages money is that the one program which the sequester cuts by $2 million ended last year and does not even exist anymore.
5. The sequester was the President’s idea. The President and the media should not be allowed to use the sequester as a battering ram against the Republicans. First of all, runaway spending should not be a political issue–it impacts all of us.
Since the current leadership in Washington does not want to put the welfare of the country over their own petty politics, both parties need new leadership. Sequester happened because there was no one with the courage (or possibly the will) to cut government spending. Until Americans elect more people who are willing to stand up for the rights of working Americans who pay taxes, we will only have more spending, more debt, and eventually, bankruptcy.