My thoughts on the sequester

Obama Presses for Late Rethink on Cuts

This sequester brings up several points.

First of all, I find it interesting that Obama never presses for late rethinks when tax increases are on the line. This is why its never a good idea to do tax increases now and spending cuts “later.” Later never comes.

At the end of the day spending cuts are harder than taxes. Everyone has their golden calf that they are unwilling to sacrifice. This will really test whether the so called “conservatives” are willing to put their money where their mouths are.

My bet is that they will cave. Most of them were never really “in to” fiscal responsibility until 2010 or so. Before that they were as tax and spend happy as the left…minus the tax

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s