the problem isn’t all Washington....it’s 0bama
The biological analogy works best. DC is a mass of tissue, replicating and growing simply because it can, rerouting blood supplies to itself, and pushing up against healthy organs, resulting in the eventual death of the host. It’s such an important concept in medicine, they even have a special word for it.
Bullcrap! The problem is uncertainty about taxes and expenses for business. If the gov't came out with a plan that said the gov't share of GNP would decrease from its current level to 15% of GNP, and that personal and corporate taxes would be dropped to 17% and 15% respectively, growth would explode, not shrink. Do you think it's by accident that the fastest growing economy in the world has the lowest corporate and personal income tax rates in the world? That same country has reduced the gov't share of GNP from almost a third to 5%. Shrinking gov't presence in markets would cause companies from around the world to flock to the US. So what's the fastest growing country these days--and directly attributable to a shrinking gov't? Chile. Look it up.
It's time to kick the freeloaders off the wagon. You don't have anything in the game, you don't play. You don't pay federal taxes, you don't get to vote. Sequestration has no measurable, correlated, impact on economic growth. This is just Washington being PO'ed because its power was decreased for lack of funds...period.
Remember, they changed the way they compute GDP which added 2% automatically without any change in the economy. I think the change was announced in late December or early January. So if you subtract inflation from the real estimate of .5% you have a negative growth figure which is why they changed the calculation method. They knew it was coming and couldn’t have a replay of FDR.
Politicians can (rightfully) smile and say the people are getting what they voted for.
the late character actor, Dub Taylor, as disgruntled gas station operator in 1974 film, Thunderbolt and Lightfoot