Skip to comments.Obama Vastly Exaggerates The Impact of Sequester Cuts
Posted on 02/12/2013 7:30:03 AM PST by IBD editorial writer
Sequester: In his State of the Union speech, President Obama is sure to issue dire warnings about the automatic spending cuts resulting from the "sequester." But look closer, and the cuts are far less than meet the eye.
As the March deadline for the sequester draws closer, Obama's rhetoric about the cuts it will impose grows more overheated.
In his radio address over the weekend, he said they would be "a huge blow to middle-class families and our economy as a whole."
(Excerpt) Read more at news.investors.com ...
how many of these “cuts” are reductions in the rate of growth?
Obama doesn’t want even a dime’s reduction in spending or any reduction of increases. For the people would then get used to the lower amounts of spending and he wants them to get used to higher amounts of spending.
Ah, the Obamadork.
Math is not his friend.
Science is not his friend.
Economics is not his friend.
...I’m getting the trend...
Intelligence is not his friend.
Thank G*d for quotas...else the dork would still be selling ice cream.
That is hilarious. How many people still think that government spending helps the economy?>
The more I know about the sequester, the more I like it.
The headline should have read ‘Obama LIES about’ - and the sequester IS the Obama Sequester and should be called that, by anyone who understands it.