Luddly Neddite
Diamond Member
- Sep 14, 2011
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http://www.nytimes.com/2013/02/22/opinion/krugman-sequester-of-fools.html?ref=todayspaper&_r=0
Unfortunately, neither party is proposing that we just call the whole thing off. But the proposal from Senate Democrats at least moves in the right direction, replacing the most destructive spending cuts those that fall on the most vulnerable members of our society with tax increases on the wealthy, and delaying austerity in a way that would protect the economy.
House Republicans, on the other hand, want to take everything thats bad about the sequester and make it worse: canceling cuts in the defense budget, which actually does contain a lot of waste and fraud, and replacing them with severe cuts in aid to Americas neediest. This would hit the nation with a double whammy, reducing growth while increasing injustice.