Thursday, February 21, 2013

President Armageddon

A great editorial on the sequester, at WSJ, "The Washington Monument ploy and other Obama gambits":
Americans need to understand that Mr. Obama is threatening that if he doesn't get what he wants, he's ready to inflict maximum pain on everybody else. He won't force government agencies to shave spending on travel and conferences and excessive pay and staffing. He won't demand that agencies cut the lowest priority spending as any half-competent middle manager would.

It's the old ploy to stir public support for all government spending by shutting down vital services first. Voters should scoff at the idea that a $3.6 trillion government can't save one nickel of every dollar that agencies spend. The $85 billion in savings is a mere 2.3% of total spending. The agencies that the White House says can't save 5% received an average increase in their budgets of 17% in the previous five years—not counting their $276 billion stimulus bonus.
Continue reading.

BONUS: Speaker Boehner's op-ed at the paper, "The President Is Raging Against a Budget Crisis He Created" (via Memeorandum).

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