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No Sequester Catastrophe

DHWood Wrote: Mar 04, 2013 11:02 PM
A 40% cut across every board is what these jerkoffs need to balance the budget. Where is that ? Oh nevermind, they are lying sacks.

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...