Well, Obamacare is the new, bankrupting entitlement, and Ted Cruz spoke the truth about it. But, I like Daniels. I wish he would run.
I am convinced ObamaCare was concocted by Satan himself.
But Sequestration cuts in all the wrong places, doesn't do a single thing about Entitlements, and is destroying our military (you know....those people in uniform that Conservatives used to care about).
This editorial says it all:
The $80 billion in across-the-board cuts in discretionary spending this year (increasing to $109 billion come January and adding up to $1.2 trillion through 2021) are exactly what the economy doesn’t need right now. In August, the Congressional Budget Office said that, by canceling sequestration for the next 14 months, lawmakers could add 1 million jobs and increase gross domestic product by 0.7 percent. There can be little doubt that sequestration is doing more harm than good to the economy.....More important, the pressures of an aging population, rising health-care costs and new federal subsidies for health insurance will cause mandatory spending to increase as a percentage of GDP after 2018.
And that brings up another problem with sequestration: Congress is looking for cutbacks in all the wrong places. Focusing on 5 percent of the economy means little at a time when health-care and retirement programs are mushrooming.
That has to change. Congress has several years to figure out how to tackle the real problem. For now, though, draining $109 billion from the economy is akin to using leeches. Which was about as effective for treating fevers in 19th century Europe as sequestration is for speeding economic growth today.