What rubbish!
The Sequestration cuts are about to hit, and these cuts are $600 Billion on top of the last $500 Billion cuts that Obama chopped from defense.
Drudge has a headline about the Democrats "spinning" this economic debacle.
Dems Tout Claim: 'Best-Looking Contraction in U.S. GDP You'll Ever See'
Incredible. I now know what it was like to live in Germany in the 1930's. Long live the Führer!
This reminds me of why I think we’re screwed no matter what we do: The nation’s economy now DEPENDS on government spending. And government spending goes to the wages of a LOT of people. If the government were to actually cut spending enough to just balance the budget, the layoffs in government and the private industry that support us would be catastrophic to the point that we would long for the days of the first great depression.
And then, of course, we would be attacked by someone who thought there would never be a better time.
That is one reason I believe this whole thing will end in the greatest war the world has ever seen. Remember, the US is only PART of this mess.
And the chocolate ration has been increased to 20 grams per week.
Ive been with the DoD for 23 years and NEVER seen anything like this. The activity where I work dirctly supports the US Navy and USAF warfighter (aircraft and engines). If we get furlowed it will have a direct impact on Naval and USAF aviation readiness.....no doubt about it.
Sounds like obamas plan is on schedule.
A reduction in proposed increase is not a cut. Or maybe it is when it comes to defense and not welfare. Who knows.
So how come the 85 Billion per month the Fed has/is printing to stimulate the economy did nothing? Where is the money?
iirc, 2 quarters of contraction in a row equals an official recession.
I have no idea but knowing a little history, I would bet it all that in fact this was the first out-and-out cutting back of the budget in real terms in say five decades. And very much to the point, a Republican president might have done the same thing under these conditions. But what irks me is that while no budget has been made in four years and none of the Third political rail programs have been touched, it seem to be a malicious slap in the face.
and then of course, the First Sociopath gets the extra bonus prize with the cuts causing the economy to contract for the first time in 3 years. So things are going very well for our beloved president.
Another thought just came to me. It's about the predator controversy, with that British UN Guy going to do a no-holes barred investigation into the civilian casualties having been deemed excessive.
It had crossed my mind as to why a Muslim that the President seems all too happy to flaunt, seemingly enthusiastic about the religion he grew up on, bowing for sure seems to be his thing, then there was the secret two day meeting with the Saudi Arabian King in Washington two years ago which got very little play always wondering what that was all about. But what has always troubled me was what seemed an overwhelming eagerness for the First Kenyan to be sending predator-drones certainly killing terrorists, but found his acceptance of the relatively high civilian casualties an issue I couldn't reconcile with his world attitude about America having done such evil things, specifically militarily And finding his acceptance of unusually high collateral damage inexplicable, irreconcilable with what he has espoused about America.
But then as I was writing this it finally hit me as I pondered his military budget cuts, It dawned on me that he is allowing these kids, whole families to die on purpose, no action is necessarily taken to avoid killing them, the reason of which is so palpable, I'm surprised i hadn't seen anyone talk about it.
More civilian casualties particularly like the ones going on in countries where hatred for America couldn't be worse, taking decades before it ever even leaves the cultural divide he's causing. I say, he's using thee predator-drones as one of many strategies in place to do as much damage to America as possible.
The main stream media creates the image of the beast for us to bow down and worship. America is being enslaved for the final battle. Those who love freedom will triumph. End times at hand. Obama is a poster child for human nature and leads the blind into destruction.
Might consider starting some manufacturing plants in the Springs. Make some useful products. ;-)
After decades of lib claims that money wasted on defense was better spent on social programs, we finally have a clear example of how much better their social benefits concept works.