Posted on 01/29/2013 8:52:31 PM PST by TheRhinelander
I agree with you. Too much money for too many social experiments. And as demonstrated in the Libya incursion, Obama doesn’t believe in the War Powers Act.
IF by roll over you mean shut off the EBTs and blame whitey, then yes.
Obama appears aloof and deluded. Having been abandoned as a boy, he has a seething rage that makes it hard to deal effectively with his peers. He would be a far better dictator than president.
That’s CIA.
The one thing FR generally misses about the Sequester is it is 1/2 DoD and 1/2 Domestic Discretionary. The domestic programs are hit just as hard.
These are significant numbers. 1.2T over 10 years divided among the two. That’s 600B from each or about 60B/year.
That’s “fiscal drag” on GDP to the tune of about 0.8% PER YEAR for the next ten years.
And this is not the ball game. The Continuing Resolution will result in additional spending cuts and yes, maybe tax increases, and BOTH are drags on GDP. So the headwinds on GDP this year (with Q4 2012 GDP slated tomorrow to come in well south of 2%) almost guarantee recession.
But no one really is noticing it.
.
“We get the best bang for our buck with special operations.”
Isn’t it special operations that are helping the Obama Brotherhood in Syria and Africa?
>> Glad I’m not the only one to see the silent ground shift
Not for nothing, but Boehner is pathetic. What is it specifically that’s inspiring you?
It didn’t make the Bush tax cuts permanent, though. Not on the upper earners, at least, which was the big Dem push in the election. The rest are merely not sunsetted anymore, is all and they absolutely WILL raise those taxes again. With our debt and economic growth it is a fait accompli.
Meanwhile Pubs caving on sequestration is an inevitability, as well. Threatened defense cuts turn them into gimme, gimme, gimme libs.
Dick Darman called it a ‘victory’ when he convinced Bush Sr. to reverse his No-New-Taxes pledge and increase taxes in exchange for ‘future’ spending cuts (LOL).
No doubt Mr. Darman thought it was a victory, right up to that moment in November 1992, when the first results showed that Bill Clinton had won Georgia.
“And fear not, fellow Freepers. The Defense Department is just as drunk on excess cash as the rest of the federal government, wasting tens of billions on programs that have absolutely nothing to do with defense. The Pentagon is bloated with tons of disgusting fat, and needs to go on a diet along with the rest of Washington. “
And you will be there to assure the country that ONLY wasted money gets cut....
Right.
More comfortable as a dictator perhaps. What is a "better" dictator?
You're unquestionably correct, but that "disgusting fat" will keep on trucking while the BCTs get cut back and the front-line equipment repairs suffer greatly. Why? Because the people who are in charge wanted that "disgusting fat" in place to begin with.
I hope this is even halfway right.
You point out something important, of Obama’s detachment. For once, it truly bit him in the netheregion and it worked in our favor to help keep our side quiet, long enough to beat the clock and the calendar.
Just a great article. Forbes reporting rocks. And, it’s nice to see Obama hit the rocks so soon after crossing the rubicon on arrogance and bluster.
That, combined with the unions screaming about the increase in their health care costs under Obamacare, could be a GOOD thing for the 2014 elections, if the Republicans decide to grow a collective SPINE!
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