Get used to it

There was some talk of the sequester being prevented but that didn’t happen. As it became apparent that the deadline was going to pass, the talk shifted to the idea that after the sword fell, a deal would be struck.

At this point, it does not look like there is any deal in the offing.

I’m thinking about now that whatever the fallout of the sequester may be, it will become the new status quo. There will not be any deal. The cuts will remain in place and the only deal will be us dealing with the effects. I have a feeling that this is going to mean even higher fees, rate hikes across the board and price increases as the pinch is felt by local governments and businesses.

In the long run, this might turn out to be a good thing because there can be no doubt that we, as a nation, have been living beyond our means. And, already, there are agreements being made to keep the government running (how big of a surprise is that?)

I have always maintained that if we eliminated only the inefficiencies, there would be plenty of money for everything we need. Maybe this is a step in that direction.

D.D.

COMMENTS

  1. Rich Flynn wrote:

    While everyone agrees that it is necessary to reduce government spending throwing the baby out with the bath water is not the appropriate approach. What is needed is a mathematical approach rather than a calendar based approach.

    Because the country is in the early stages of recovery, now is the time to restrict increases in expenditures while applying the gains in revenue (from the recovery) toward reducing debt. When the national debt is significantly below “manageable” levels, increases in expenditures may be considered provided that debt is not increased.

  2. Chuck Riccardo wrote:

    I’m not living beyond my means and I don’t think that you are either. Perhaps giving beyond our means is what is happening. Politicians giving our money to some of the population in exchange for votes. Our elected officials are interested in one thing. Staying with their snouts buried in the public trough long enough to get their pensions which is a far far shorted time for them than for you and I. Today’s politician is not one of us. If he was, he would be cutting money from the budget that was meant for obscure grants rather than taking airline controllers out of their towers. Whenever we quetion our ‘great’ leaders – we get punished… Not that any of which either you or I have written has anything to do with woodworking or even the busness of woodworking. How about we all get back on topic next time???

  3. Jerry wrote:

    Give us break folks. It’s only 2%!!!

  4. Ralph Bagnall wrote:

    Sequestration is mostly a false crisis. The military is bearing half of all the cuts, and the rest is not an actual cut in the budget (not that there is an actual budget) but rather a lessening of the INCREASE wanted. While the military budget will actually be less than last year, no other part of the Federal Government’s budget will be less than 2012.

    That being said, I agree that we will continue to see increased taxes and fees, politicians never miss a chance to raise fees, even if the “crisis” is of thier own making.

  5. Howard Van Valzah wrote:

    Not everyone agrees that the Federal government is spending more than it should. A very few people believe that the government does a very difficult job quite well and that it should be supported properly and fairly. If, and when, I’m convinced that our government should not do its best to help people pursue their health and welfare, then I will join the cut/cut boys, but that’s not likely to happen.

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