[blackdog]

Every dollar of a sequester cut is a dollar in the consumers pocket for them to spend, save, or pay bills. Less of course the 40% the government skims to redistribute said dollar.

What college did this president go to again?

[Go Gordon]

Every dollar of a sequester cut is a dollar in the consumers pocket for them to spend, save, or pay bills. Less of course the 40% the government skims to redistribute said dollar. What college did this president go to again?

I beg to differ. When you borrow 40% of what you spend, then have to cut it back to 37.5%, you merely borrowed less money. Unless you lower taxes, you didn't put one dime back into the pocket of the private citizen. In fact, because the borrowed money wasn't paid out to government employees, one could argue there will be less money in the economy (short term). The damage being done is long term.