Sunday, February 24, 2013

My thoughts on the sequester

Obama Presses for Late Rethink on Cuts

This sequester brings up several points.

First of all, I find it interesting that Obama never presses for late rethinks when tax increases are on the line. This is why its never a good idea to do tax increases now and spending cuts “later.” Later never comes.

At the end of the day spending cuts are harder than taxes. Everyone has their golden calf that they are unwilling to sacrifice. This will really test whether the so called “conservatives” are willing to put their money where their mouths are.

My bet is that they will cave. Most of them were never really “in to” fiscal responsibility until 2010 or so. Before that they were as tax and spend happy as the left…minus the tax

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