[Lowcountry]

"The U.S. economy will face the brunt of massive federal spending cuts..."

The Sequester is set to cut $1 Trillion over 10 years. For uneducated democrats (I know, it's redundant) that's $100 Billion per year. Divide that by 12 and you come up with a cut of just $8.3 Billion per month.

Our federal spending is set to hit almost $3.7 Trillion this year or $308.3 Billion per month. The sequeeter brings us down to $300 Billion per month or a decease of 2.7%. Thats a rounding error in this government that loses track of 10 times that amount every month.

Democrats just need to get over the sequester (which was the President's idea) and realize the mess we are enduring is the result of having economic idiots living in the White House and holding the gavel in the Senate.

[fhayek]

The sequester does not actually cut anything, it merely reduces the increase the would have occurred. It doesn't cut the deficit in half, or anything close to it. Obama added an extra $800 to $1 trillion to the deficit (in "stimulus") that got baked into the federal budget. Cutting $100 billion is a start, but it isn't even close to the amount of spending cuts that need to happen to get to some semblance of fiscal responsibility. It is neither enough of a cut to give the politicians credit for good fiscal policy, nor is it too high to cause economic disaster. If they propose $1 trillion cuts for one year, then they will be on to something.