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No Sequester Catastrophe

catball Wrote: Mar 06, 2013 10:48 PM
FE FEI FO FUM I smell the blood of a republican

President Obama may be backing away from his doomsday spending-cut predictions as the sequester goes into place. But the new party line is that while there will be no impact in the first few days, there’ll be a slow, downward slump after that.
 
What, are we to believe that lower spending and smaller government damage the economy? Doesn’t that run counter to virtually every reasonably objective study in recent years -- including ones from a number of U.S. academics and the OECD in Europe -- that describe how countries with lower government...