The budget cuts are not cumulative. They are ten percent a year. Granted it is ten percent and loss of jobs, but, it is ten percent a year and not cumulative.
We are good go to with the cuts the way they are. It will work.
The national budget returns to the same level every year. So, next year the $112 billion is off the the same amount this year. At least I think so.
If I remember right the House passed a $1 trillion budget last year. So, the $85 billion is off that $1 trillion.
So, the $112 billion in 2014 will be off $1 trillion, so long as the House doesn't increase the budget to $1.1 trillion. If the House does that it will negate the sequester cuts.
We are good to go. When the war in Afghanistan was launched after the attacks of September 11, 2001, it took the military an entire month to get their act together. The first ship didn't sail until a month later. It is the same thing now. The military and the enforcement agencies have to reorganize and that is what is occurring.
There are going to be implications in the country, but, the spending will be about 90% of what is happening now. The job losses and the implosion on the economy will occur, but, it will become static after this year.
The politics will blame the President for all the electorate will complain about, but, the issue does not belong to President Obama. I had to back track a bit to remember what the conversation was when the Super-committee blew it. In the day, I remember thinking the country actually got the best deal going. I am fairly sure I understood it correctly then and I am still happy about it.
I still think President Obama and his Cabinet has to dole out the cuts and get over it with.
The F-35 Fighter needs to be cancelled and there needs to be trimming of pork, but, we are okay. There is going to be contraction, but, the Middle Class still came out on the upside of the deal. That is what I was worried about more. The economic growth has been determined by the strength of the Middle Class.
The tax base still is terrible. The poverty post 2008 has skyrocketed. That has to be reversed. President Obama is correct, the country still needs more revenues by closing loopholes and it would be better to still tax those with an annual income of over $250,000.
The growth will be slower and the Middle Class will carry the ball. It is where it belongs. Every advantage we can provide the Middle Class is important.
So long as the cuts aren't cumulative and there isn't more spending added to the Budget every year, we are going to be okay and the Middle Class got the best deal. If that is all the Middle Class can get out of the Republicans then we did it right. The Defense Spending has to come down. The economy will recover about 10% slower every year, but, what else is new?
The fact the Red States invest their economy heavily in military spending because it is free money from the federal government is their problem. If Virginia is over invested in the military industries, that is unfortunate. The Republicans when they were part of the Supercommittee should have put that on the front burner.
The fact the Red States and their military industries are going to take a down turn because they have not diversified their economies and relied on federal spending that is too bad. The Red States need to get a life.
Coming up will be the debt ceiling and the Republicans will once again attack the entitlements. They can go to hell. I guess they will close down the government. One of those Oops moments, I suppose.
If Virginia is upset over their share of military cuts, they might want to explore developing the vaginal probe industry and increase the requirements for vaginal probes at time of abortion across the country. More demand for the product, more sales, more economy. Sounds like a plan.
We are good go to with the cuts the way they are. It will work.
The national budget returns to the same level every year. So, next year the $112 billion is off the the same amount this year. At least I think so.
If I remember right the House passed a $1 trillion budget last year. So, the $85 billion is off that $1 trillion.
So, the $112 billion in 2014 will be off $1 trillion, so long as the House doesn't increase the budget to $1.1 trillion. If the House does that it will negate the sequester cuts.
We are good to go. When the war in Afghanistan was launched after the attacks of September 11, 2001, it took the military an entire month to get their act together. The first ship didn't sail until a month later. It is the same thing now. The military and the enforcement agencies have to reorganize and that is what is occurring.
There are going to be implications in the country, but, the spending will be about 90% of what is happening now. The job losses and the implosion on the economy will occur, but, it will become static after this year.
The politics will blame the President for all the electorate will complain about, but, the issue does not belong to President Obama. I had to back track a bit to remember what the conversation was when the Super-committee blew it. In the day, I remember thinking the country actually got the best deal going. I am fairly sure I understood it correctly then and I am still happy about it.
I still think President Obama and his Cabinet has to dole out the cuts and get over it with.
The F-35 Fighter needs to be cancelled and there needs to be trimming of pork, but, we are okay. There is going to be contraction, but, the Middle Class still came out on the upside of the deal. That is what I was worried about more. The economic growth has been determined by the strength of the Middle Class.
The tax base still is terrible. The poverty post 2008 has skyrocketed. That has to be reversed. President Obama is correct, the country still needs more revenues by closing loopholes and it would be better to still tax those with an annual income of over $250,000.
The growth will be slower and the Middle Class will carry the ball. It is where it belongs. Every advantage we can provide the Middle Class is important.
So long as the cuts aren't cumulative and there isn't more spending added to the Budget every year, we are going to be okay and the Middle Class got the best deal. If that is all the Middle Class can get out of the Republicans then we did it right. The Defense Spending has to come down. The economy will recover about 10% slower every year, but, what else is new?
The fact the Red States invest their economy heavily in military spending because it is free money from the federal government is their problem. If Virginia is over invested in the military industries, that is unfortunate. The Republicans when they were part of the Supercommittee should have put that on the front burner.
The fact the Red States and their military industries are going to take a down turn because they have not diversified their economies and relied on federal spending that is too bad. The Red States need to get a life.
Coming up will be the debt ceiling and the Republicans will once again attack the entitlements. They can go to hell. I guess they will close down the government. One of those Oops moments, I suppose.
If Virginia is upset over their share of military cuts, they might want to explore developing the vaginal probe industry and increase the requirements for vaginal probes at time of abortion across the country. More demand for the product, more sales, more economy. Sounds like a plan.
