24 March, 2015

So, How's That Sequester Working Out?

You may recall that following the elections in 2010 where the Tea Party had a sweeping affect on the elections, in 2011 the GOP forced mandatory budget cuts on President Obama and the Democrats called the sequester. Harry Reid, Nancy Pelosi and even Obama himself was screaming at the top of their lungs that the GOP was going to cripple America. So... here we are in 2015 and the question is, "How's that Sequester working out?"  Let's look and see.

Prior to the 2010 elections and the Sequester that followed shortly thereafter, the nations budget deficit was over $1.4 Trillion, which was just over 10% of our nations Gross Domestic Product (GDP). The sequester has been applied now for three years. So, has it crippled America? Has it brought us to our knees? Has it caused people to go hungry? No... but it has been extremely successful. How successful? Our budget deficit has dropped from just over 10% to 2.7% of the GDP!  

So, with this in mind, I ask you... Who do you want controlling the Nations spending? Another "tax and spend" POTUS and Congress, or a Conservative led Nation?  I think the answer is clear.

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