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Tuesday, October 2, 2012

Sequestration

PolitiFact Weighs in on Obama and Sequestration | Cato @ Liberty:"I don’t blame the AIA (or the unions, for that matter) for peddling scary tales in order to reverse legislation that might cut into its members’ profits. That is, after all, what these companies pay the AIA to do: lobby the federal government to spend more taxpayer dollars on their clients/members. I do fault Mitt Romney and others for falling victim to this ploy—and therefore reducing the likelihood that overall government spending will ever come down, as it should.
In a perfect world, politicians would be fighting with one another over who gets credit for cutting federal spending and reducing the burden of debt that we are piling onto the backs of our children and grandchildren. They should certainly stop trying to portray such cuts as massive or draconian, because they are anything but the sort (and PolitiFact might call them on that as well)."
HT to Irish
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