In response to:

How Baseline Budgeting is Bankrupting My Generation

traitorbill Wrote: Mar 09, 2013 10:07 PM
Sometimes a COLA can be zero. Baseline budgeting always exceeds the rate of inflation. Inflation is built into baseline budgeting. And why wouldn't it be, since it's all other people's money. And, although they may think otherwise, they exist to serve the government.

Congratulations America! With the sequestration implemented, we finally cut spending!

Right?

Wrong! Unfortunately, the American public has just been deceived by politicians and the mainstream media.

Too often we hear politicians boasting about "cutting" spending and how they are "reducing" the federal deficit. During the recent sequestration debate, the vast majority of the media, Congress and President Obama all referred to the sequester as "cuts."

During the past few weeks, we have been told these sequester "cuts" will be detrimental to firefighters, teachers and seniors. In order to realize what they mean by a "cut," we must first look at the...