Who knew it was so dangerous? I see Dr. Evil with his pinky in his mouth:
To put in perspective just how awful this is, there were about 143 million civilian jobs in January. So a 2% “cut” in federal spending is going to cost us every civilian job in America and then some.
Now that’s bad!
Many of us have to deal with tightening the budget. Our family isn’t the only one that hasn’t gotten cost of living adjustments for years, while inflation causes prices to rise nearly 2% a year. That forces us all to make small adjustments, just like the tiny 2% adjustment the federal government is being asked to make this year. Why is the federal government unable to make adjustments we all make every year?
Instead, Barack Obama is flapping his gums about sending home air traffic controllers and meat inspectors, while Sean Duffy asks Ben Bernanke whether there might be other stuff we could cut. Jump ahead to 2:11:
How many jobs are lost if we cut the 27 million dollars that go to Moroccan pottery classes? Or the $2.2 billion in free cell phones? We pay 700 billion dollars to see how long shrimp run on a treadmill. I believe we pay for the travel expenses for the Watermelon Queen of Alabama.
We actually supposedly pay “only” $700 million, not billion, to see how long shrimp run on a treadmill. (Shrimp run?) You feel better now, right?
Anyway, today will be filled with stories about how the world is ending because of these tiny, tiny cuts that are actually small increases in spending. (Most of the stories will assume the cuts are already taking place, although I believe sequestration officially takes place at 11:59 p.m. tonight.)
Sequestrageddon. It’s coming!
UPDATE: Added “supposedly” on the figure for the shrimp treadmill study since I have no personal knowledge and a commenter disputes the figure. Even $100 spent on such nonsense would be $100 too much.