Monday, February 25, 2013

George Will: Apocalypse fatigue

George Will: Apocalypse fatigue

During the years of the Obama administration, federal spending has increased 17%.  Mind you, there has not been a budget passed since 2009.  This year the 'lack of a budget' deficit will be $1.08T, or 30% of spending will be borrowed money.  Meanwhile, President Obama wants you to believe that a 2.3% cut in spending, due to the sequestration, will be unbearable.

Whether it is unbearable or not, it is necessary, and it is not enough.   You see, the cuts are not really cuts as the federal government will actually spend more money this year than last. 

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