Can Someone Explain Sequestration To Me? | TigerDroppings.com

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LETSGEAUX2
Member since Oct 2012
337 posts

Can Someone Explain Sequestration To Me?


Haven't been keeping up with the news like I should but is it basically extreme cuts across the board? I understand it's bad because jobs will be lost but how can we decrease our debt without it?






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davesdawgs
Georgia Fan
Georgia
Member since Oct 2008
16471 posts

re: Can Someone Explain Sequestration To Me?


Recent similar post/question. Use the search option and there's a ton of stuff on the internet. Basically it's automatic cuts in federal spending that Obama proposed as part of the deal over the last debt ceiling. The cuts only reduce the rate of increase in federal government spending.





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wickowick
LSU Fan
Head of Island
Member since Dec 2006
22044 posts
 Online 

re: Can Someone Explain Sequestration To Me?


quote:

Recent similar post/question. Use the search option and there's a ton of stuff on the internet. Basically it's automatic cuts in federal spending that Obama proposed as part of the deal over the last debt ceiling. The cuts only reduce the rate of increase in federal government spending.


This is correct the federal government is still going to spend more this year than last year...






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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
29602 posts

re: Can Someone Explain Sequestration To Me?


quote:

the federal government is still going to spend more this year than last year..


Correct.

There are some impacts though. For example, state and local governments that depend on federal funding for certain projects will have shortfalls. For that matter, there are quite a few programs that have mandated across-the-board cuts, which in some cases doesn't make much sense.

If you are running a $5 billion project to build an aircraft carrier, you can't just slash the cost of the carrier.

So there are impacts but of course any politician worth his stripes is going to predict the destruction of the American Way, the world will stop spinning, etc.






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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21105 posts

re: Can Someone Explain Sequestration To Me?


quote:

Can Someone Explain Sequestration To Me?


So apparently republicans decided, on their own, to cut 2% of the budget. That may not sound very large but they specifically decided to cut essential services such as those from keeping sinkholes from forming. We have already had someone trapped this morning. The president has warned that more of these will likely occur until the crab people take advantage of the multiple access points to conduct a full on invasation. It gets quite complicated from their but the primary point is you are going to die because of the republicans. Best case is for you to donate whatever funds you have remaining to democrats in hopes that your children will be alive to benefit from a future with only democrat politicans in office.






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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
29602 posts

re: Can Someone Explain Sequestration To Me?


Probably the biggest impact will be on the Redskins. RGIII will have to adjust to being RGII for awhile.





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CaptainBrannigan
Auburn Fan
Sweater-Vest Swag
Member since Jan 2010
7949 posts
 Online 

re: Can Someone Explain Sequestration To Me?


quote:

I understand it's bad because jobs will be lost but how can we decrease our debt without it?


Its not decreasing the debt. It is aimed to decrease the deficit, which it will not do.

THis is basically like cutting $850 from a $10,000 deficit bill.






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JohnnyKilroy
New Orleans Pelicans Fan
Member since Oct 2012
8325 posts
 Online 

re: Can Someone Explain Sequestration To Me?


Can I get a status update from those on the surface? I've been holed up in my bunker since midnight last night. The news said that right about now the mass rioting would begin heating up. IIRC they said that nuclear winter should be settling in by noon tomorrow.





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mauser
LSU Fan
Mobile
Member since Nov 2008
4202 posts

re: Can Someone Explain Sequestration To Me?


quote:

more of these will likely occur until the crab people take advantage of the multiple access points to conduct a full on invasation


The crab people took my wife about an hour ago.

Haven't missed her yet.






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Meauxjeaux
Memphis Fan
I have 89,275 posts with my alters
Member since Jun 2005
16300 posts

re: Can Someone Explain Sequestration To Me?


This year you can spend $1000 even though you don't have $1000.

Next year you can spend $1010 even though you still don't have $1000.

Your response is to walk to the town square and whine and cry.






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