View Poll Results: How Will Sequestration Effect the Economy?

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  • Mostly negative

    9 31.03%
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    4 13.79%
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    15 51.72%
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Thread: How Will Sequestration Affect the Economy?

  1. #11
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    Re: How Will Sequestration Affect the Economy?

    It'll have a mostly negative impact on the economy, but unless political action is taken to specifically maximize the damage rather than minimize it I believe the impact will be rather light (compared to how it's being portrayed) and short. Some areas, such as the Northern Virginia area due to defense cuts, will be hit harder but overall I don't think it'll have a great impact.

  2. #12
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    Re: How Will Sequestration Affect the Economy?

    It will effect those in military towns. I have several friends who have lost significant income because of this.

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    Re: How Will Sequestration Affect the Economy?

    I feel sorry for the pawns affected. Is lobster on the menu for the congressional lunch today, I wonder?

    Hey, the congressional cafeteria is a good place to cut.

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    Re: How Will Sequestration Affect the Economy?

    Quote Originally Posted by Juiposa View Post
    Cutting anyspending is removing money from the economy, so yes, it will damage the economy. Yet is still necessary, as the deficit cannot be maintained.

    But it is a neglegible amount this case, $82 billion? I'm not worried.
    SOCIALIST! High taxation removes money from the economy NOT reigning in government spending. Excuse me while I pound my head on this desk.

  5. #15
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    Re: How Will Sequestration Affect the Economy?

    Quote Originally Posted by LiberalAvenger View Post
    I feel sorry for the pawns affected.
    I just got done trying to help some friends of mine budget. They work in Jacksonville NC, so their income just got cut from 40K to 34K in what we figure is their best-case-scenario. Thanks, Congress, for letting the punishment for your incompetence fall on the backs of our low-income veteran families . Really Classy Move.

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    Re: How Will Sequestration Affect the Economy?

    The 2.3 % will have a small ripple affect, thrice doubled by the Scare Rhetoric of Those Who Disagree, To Intentionally.. Misinform the uneducated in political games,
    meaning only those who believe what they see on TV or read in the MS media.

    The freeing of Illegals yesterday, was IMO a power play to frighten people and show what a Big Bad boy the WH , can Be If they so choose, and it seems they choose to be a leader of Only those who agree with them.

  7. #17
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    Re: How Will Sequestration Affect the Economy?

    And they've already deflected blame for that one. Maybe someone will respond to the fear-mongering by asking why they are making such bad decisions?

  8. #18
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    Re: How Will Sequestration Affect the Economy?

    Quote Originally Posted by cpwill View Post
    It will effect those in military towns. I have several friends who have lost significant income because of this.

    One of my friends is taking a 20% cut in pay. Sucks man.
    "Human kindness has never weakened the stamina or softened the fiber of a free people. A nation does not have to be cruel to be tough."
    -FDR

  9. #19
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    Re: How Will Sequestration Affect the Economy?

    Quote Originally Posted by sawyerloggingon View Post
    SOCIALIST! High taxation removes money from the economy NOT reigning in government spending. Excuse me while I pound my head on this desk.
    I am confused. Both raising taxes and cutting spending removes money from the economy in the context of balancing a deficit. What is the issue with my post then? We're talking about cuts at the moment, that is why I directly refered to them.
    "After all, you know, there are worse things in life than death. I mean, if you've ever spent an evening with an insurance salesman, you know exactly what I mean."
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  10. #20
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    Re: How Will Sequestration Affect the Economy?

    Quote Originally Posted by Jredbaron96 View Post
    One of my friends is taking a 20% cut in pay. Sucks man.
    Yup. Don't get me wrong, I'm glad we're finally cutting. But the stupidity of where and how we are doing it is astonishing. Literally we decided that we weren't going to cut unless we did so in the dumbest method possible.

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