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Different stories from D.C.

March 5, 2013

Federal spending cuts labeled “the sequester” will be a terrible calamity, the White House warned during the weeks before they kicked in on Friday....

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(23)

JustaMan

Mar-05-13 8:11 AM

March 5, 2013 Minot Daily News

"Obama's spin doctors"

"Part of the public relations blitz simply isn't true"

"White House wailing and gnashing of teeth"

"Puts anguish over the sequester in a different light, doesn't it?"

Not really because this editorial is completely void of any facts.

Major components of cuts are from discretionary funding (approved by congress and under the Obama Admin.) is up only 2.2% largely because of downturned economy)

Other cuts to military are from the 600% increase under GW administration.

I for one would like to have a presentation of where this debt came from and when so that it puts this issue "in a different light" for all of us who don't appreciate the drama.

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locomotive

Mar-05-13 9:07 AM

After regular Americans have had an actual cut in their take-home pay (SS ded from 4.2% to 6.2% which is $20 per $1000 in gross wages), perhaps now they can better hear the real argument of "spending cuts" vs. "tax increases" on the national scene. If families have to do an actual spending cut, meaning they have $20 less per $1000 earned, perhaps the gov't should have to do the actual spending cuts too.

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Curly1

Mar-05-13 10:11 AM

Yes, start the spending cuts with the wages of the senate and house. While we are at it, lets cut the travel allowance of Obama and his family. Then lets cut some foreign aid to nations that hate us. I could go on all day.

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rajiihammr

Mar-05-13 11:42 AM

After snowblowing this morning I don't have the energy to put out my own comment so I pilfered a couple from Forbes on line:

"It’s foolish to ignore the fact that the payroll tax reduction came with a sizeable price, costing the government nearly $240 billion in tax revenue over the two-year period. And since Congress did nothing to pay for these cuts, the bill simply got added to the country’s tab, further driving up the already bloated deficit." and

"Logic tells me, however, that it’s rather silly to react to the expiration of a temporary tax cut by calling it a “tax increase” and blaming the very person who enacted the cut in the first place."

Used without permission, sorry. But at least it's not imaginary stuff like --- BDGI

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JustaMan

Mar-05-13 1:42 PM

Let's see if the MDN can Editorialize a complete breakdown on what be will be affected by the sequester.Now I'm not saying this is a bad thing but would you please list what will be affected and exactly when these programs were enacted.

Wouldn't this be considered objective journalism? (If there is such a thing) Or, do your readers prefer another Obama bashing story?

Just wondering!

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rajiihammr

Mar-05-13 3:23 PM

But Dusty it's so much fun to make things up about GW. One of my favorites is the one about his tax cuts and the wars in Iraq and Afghanistan accounting for about 65% of the current deficit, that's a good one. Another good one is the one made after he left office saying that Bush had an abysmal job creation record during his 8 years in office. We "libs" make this stuff up and get a good laugh...and then darn it, they turn out to be true. Truth isn't nearly so much fun. Right?

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locomotive

Mar-05-13 5:16 PM

What I don't like is the "story" we've been getting, about how draconian the sequestration cuts will be, how it will affect our daily lives from air traffic to teachers, and, now that the deadline of March 1 has come and gone, how much it won't be an apocalypse. **Don't pay attention to that little man behind the curtain - I'm the great and powerful...**

So what is it? Dire? Then cut off foreign aid, if for no other reason than to get our own financial house in order. The President could lead by an example of frugality and curtail some (notice I didn't say all) of the vacationing.

Or is it something else? Not dire, but all political smoke-n-mirrors? Or a classic bait-n-switch for the gullible? Should we just keep (over)spending like "normal" and hope & pray the lenders don't show up to collect?

I've had it up to here with the political theater. Somebody should shout "fire" to get the deadbeats out of the aisle.

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muleskinner

Mar-05-13 9:55 PM

When you realize that it is all corrupted, filled with graft, never a day without corruption and more graft, at some point, you will know that at some point the music will stop.

Right now, it is all denial. It takes time.

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muleskinner

Mar-05-13 10:03 PM

It is all corrupt. Everything. Wall Street, Warshington, all of it. Completely looney, corrupt beyond all imagination. La La Land.

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Worldview

Mar-05-13 11:38 PM

Seems the markets do not mind the sequestration as they just hit an all time high today. Its been a great 5 year run, and looks like it will continue.

Problem is the sequestration was not enough but if that is the only way to get the yahoose to get in line, than let the draconian axe swing.

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JustaMan

Mar-06-13 8:11 AM

March 5, 2013 Minot Daily News

"Part of the public relations blitz simply isn't true"

One could say the biggest PR blitz of the 21st Century is on WMD & it's effects.(What does this have to do with the sequester?)

Cato Institute

Reagan cut real nondefense discretionary outlays by 13.5 percent compared to a 20.8 percent increase under Bush.While Bush has proposed some reforms for Medicare, that has been pushed aside in favor of adding a huge unfunded $400 billion prescription drug plan.

Feb. 4 (Bloomberg) -- President George W. Bush sent Congress a $3.1 trillion federal budget that trims Medicare and health care programs, boosts military spending and projects the deficit this year and next will hit near-record levels. Pentagon spending would rise 7.5 percent to $515 billion, the 11th consecutive year of increases.

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JustaMan

Mar-06-13 8:12 AM

So, in 2001 the US had a surplus with economical projections warranting a tax decrease (so they say) thinking by 2012 the US would be flush.

Eight years later the deficit was topping 10 trillion with two wars still unfunded.

Non-defense discretionary spending increased by over 20.7% and the military budget grew by 357% over the last 7 years.

Is not the sequester righting the wrongs by a prior administration that brought on 2 wars,unfunded medicare, almost 160 billion in education programs (that are widely criticized) homeland security and a collapsed economy with prioritized bailouts gone wrong with tax cuts favoring the 10%?

The real answer is yes but the political denial by one party and the unwillingness to give anything up is where the battle is at.

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EarlyBird

Mar-06-13 8:16 AM

Hey we better behave out here it sounds like the POTUS is heading to Calli for a wine tasting party.

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JustaMan

Mar-06-13 8:34 AM

It's also worthy to note, the sequester cuts are over a period of ten years.

Not unlike Paul Ryan's proposals that were forecasted for the year 2024 and 2040. Hypothetical at best.

Proving budgets are done with the outcome forecasted 10-12 years or more ahead.So we know where the 2009 debt came from & we know where alot of the other programs came from don't we?

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muleskinner

Mar-06-13 9:04 AM

The DOW hits an all time high yesterday, looks like it again today.

The volume yesterday was 112 million shares.

That is down about 75 percent from other trading volumes, so it is an indication that retail volume has exited and is not coming back.

A lot of froth and foam in the DOW these days. If Apple were a DOW component, the DOW would probably be down a 1000 points or more.

There would be a different story of Wall Street, that's for sure.

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JackAaah

Mar-06-13 9:44 AM

I feel I must congratulate you BillyG....you are playing by our Democrat Party playbook to the T....Please don't back down on those wild and false accusations about Dust....you know our motto..."Say a lie enough times...and it DOES become truth".

Please continue to do the dirty work, BillyG....it's the only way to move forword....

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Curly1

Mar-06-13 10:04 AM

Well Bill, When it comes to spending cuts, I think it needs to be a new ball game. I don't give two figs about what GW spent traveling to his ranch. I care about what we can cut now. I can't take a bunch of vacations a year. He does not need them either. He can go to camp David for a break much cheaper. I think there is even a golf course there. The example of spending cuts should begin with him. He is the leader of this country. About time someone steps up and acts like one.

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locomotive

Mar-06-13 2:39 PM

Curly1's post Mar-06-13 10:04 AM

I'm locomotive and I agree with this message.

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JackAaah

Mar-07-13 8:32 AM

Verts.....I may not be able to connect the dots, but I feel I am more and more like you and BillyG every day. I feel I am now mastering the Democrat Party technique of connecting the blank spaces....

No fun any longer to connect dots, in order to move forword we must connect the blank spaces. I feel....

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BeaverFan

Mar-07-13 11:06 AM

The federal government is fat. It's basically stomping around the states looking at money and screaming "GET IN MY BELLY!" We don't need this kind of bureaucracy, kill it.

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locomotive

Mar-07-13 11:37 AM

"Patting your backs on all the agrees you get are like taking claim for the loudest one at a bean festival!"

Veritas, in spite of the rest of your post, this was funny.

:-)

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EarlyBird

Mar-08-13 8:22 AM

As a POTUS Obama will go down in history as the worst POTUS ever. He is not elected to push his personal agendas and that is all we have heard from him is what he wants. A good POTUS will stay out of the decision making process and just make sure the rules are followed by all parties present.

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locomotive

Mar-09-13 6:55 PM

H4C, I logged onto moveon . org and found the following title, smack dab in the middle of the webpage....

"WARNING: You May Actually Weep While Watching The Film Version Of Wisconsin's Epic Uprising"

"Clear your schedule, grab a box of tissues, and relive the moments..."

Uh, I don't think I'll click on this video. I'm not "progressive" enough.

"MoveOn**** was started by Joan Blades and Wes Boyd, two Silicon Valley entrepreneurs. Although neither had experience in politics, they shared deep frustration with the partisan warfare in Washington D.C. and the ridiculous waste of our nation's focus at the time of the Clinton impeachment mess. On September 18, 1998, they launched an online petition to "Censure President Clinton and Move On to Pressing Issues Facing the Nation." Within days they had hundreds of thousands of individuals signed up, and began looking for ways in which these voices could be heard."

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