Even with the sequester, the 2013 budget will be larger than last year’s. Is that really doomsday? "Any day now we can expect White House spokesman Jay Carney to take to the podium and read a prepared statement: “And when he opened the seventh seal, there was a small decrease in the rate of increase in federal spending.” "....
What Kind of Cuts Grow the Economy? "Spending reductions must be large, credible, and politically difficult to reverse."
The Great Sequester Panic "The sequester may be bad policy, but it’s not going to tank our economy."
Larry Kudlow; The Pro-Growth Sequester; No, it’s not Armageddon. "The Obama administration is whipping up hysteria over the sequester budget cuts and their impact on the economy, the military, first providers, and so forth and so on. Armageddon. But if you climb into the CBO numbers for 2013, you see a much lighter and easier picture than all the worst-case scenarios being conjured up by the administration.
What Kind of Cuts Grow the Economy? "Spending reductions must be large, credible, and politically difficult to reverse."
The Great Sequester Panic "The sequester may be bad policy, but it’s not going to tank our economy."
Larry Kudlow; The Pro-Growth Sequester; No, it’s not Armageddon. "The Obama administration is whipping up hysteria over the sequester budget cuts and their impact on the economy, the military, first providers, and so forth and so on. Armageddon. But if you climb into the CBO numbers for 2013, you see a much lighter and easier picture than all the worst-case scenarios being conjured up by the administration.