President Obama and the U.S. Congress are very good at raising taxes and spending money. They are very bad at reducing spending and lowering taxes.
Since neither the President nor the parties can find the courage to cut spending, they have looked for scapegoats to do the dirty work. First it was the Bowles-Simpson Debt Reduction Committee. Obama didn’t implement the recommendations and Congress didn’t push for it either, so it turned out to be a waste of time, even though it was the best plan so far.
Next they created a “Super Committee” to come up with a plan. They put some penalties in if the Super Committee couldn’t come up with a solution, and they called the penalties, or automatic cuts “Sequestration.”
Well, as expected, the Super Committee failed too, so with nobody else to blame, Sequestration (those automatic cuts nobody ever thought they would actually have to make) was to take effect on January 1.
It would have cut about $85 billion from this year’s spending. Once again, the politicians panicked and pushed it back 60 days, or until March 1. Now, Washington is beside itself, afraid that cuts may actually take place! They aren’t used to that. They are only used to talking about making spending cuts, not actually doing it!
So how bad are the Sequestration cuts? Obama would have us believe the sky is going to fall. The Democrats have never been in favor of cuts, and the Republicans are afraid the military will be inept if cuts are made in the Pentagon.
They are all wrong. Even if they cut $85 billion, it won’t even cover the $192 billion more they plan to spend this year over last year! So, those cuts all the Washingtonians are fighting over?
Well, they aren’t really overall spending cuts at all, just a small reduction in the cancerous growth of the federal government. The only thing wrong is that the Sequestration cuts are only a tiny fraction of what they should be. To balance the budget we would have to cut 40 percent of what we spend now. The Sequestration cuts are only about 2.3 percent of what we spend.
If Washington is unable to cut a mere 2.3 percent from a nearly $4 trillion dollar budget, they need to all go home and let somebody else with a little good ol’ American courage take their place.
Folks the sky won’t fall, the military will still be effective, Grandma will still get her Social Security check, and for once, Congress will actually do what they said they would do. But I am sure they will find a way around their own law, and they will again fail the American people and continue to steal money from our children and grandchildren to pay for excessive spending today.
It should be a crime. Actually it is, ask Bernie Madoff!
So what can we who live in Nebraska’s Third District do? We have three Washingtonians who represent us; Adrian Smith, Mike Johanns and Deb Fischer. They all talk a good game, but so did Larry, Curley and Moe. Just in the past few weeks, all three have said we need to cut spending. One problem; they won’t tell us what they would cut to balance our budget.
They are just like all the rest in D.C. They love to talk about it because it plays well back home. They may support and vote for balanced budget amendments, knowing they have no chance of becoming law with Obama in the White House.
Here at the York News-Times we publish their weekly columns, and many times they deal with our overspending and growing debt, but not once have you ever read how they would balance the budget … not once.
They all claim they can balance a budget. The three of them did exactly that while serving Nebraska as state senators or governor. They tell us that every election cycle.
So how about it Smith, Johanns and Fischer, can you tell us exactly how you would balance the federal budget, and then take it a step further and introduce legislation to back it up?
Of course you won’t. And there folks, is the problem. Washington is all talk, no action, or as Grandpa used to say, “Big hat, no cows!”
Meanwhile, we’ll just keep taking it from our children. It is obvious our generation has fiscally failed the next generation of Americans. And that is a shame. The previous generation gave us so much, so much security and so much promise. We blew it, and the saddest part of all is that we continue to blow it and have absolutely no leaders with the vision to stop it.
So unless the current crop of cowardly lions we call leaders can figure out a way to take their tiny little insignificant “Sequester” and multiply it by 10, what they will do (or not do) will have little effect on anybody or anything.