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Name:
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MartiniMan
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Subject:
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One Man's Reaction
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Date:
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2/25/2013 1:53:30 PM
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MrH: I am having a hard time believing any of this. Even with sequestration, the budget goes up by $15 billion from 2012 so there are no cuts. The govt will spend more in 2013 than 2012, way more than 2011 and incredibly more than in 2008! And the defense budget was cut over $40 billion last year and for the next 10 years with nary a peep from anyone. But now all of the sudden with a projected $22 billion cut in 2013 the world is coming to an end. It strains all credibility and even some in the govt media are calling BS on this and rightly so. In fact, it was either Tom Coburn or Daniel Inoye that said all they need to do is free up the agencies to move funds around and there would be no impact from sequestration (said bill is beling blocked by Harry Reid.....no surprise). And as Bobby Jindel said, all we need to do is delay Obamacare and we save over $80 billion a year.
To the extent people lose their jobs it is because they are being singled out for political gain and not because of these cuts per se. And as for this 20% pay cut, because of the lousy Obameconomy, my income has been cut by way more than 20% in the last two years. A significant number of my overhead employees have been cut to 4 days per week to save on costs. Frankly, it is about time for those that rely on the federal government to feel some of the same pain those in the private sector have been experiencing for the last several years. Maybe they too will realize what a failure Obama is.
And because of the lousy economy, I just had to lay off my IT director who also has a young family and pregnant wife and it breaks my heart but I needed to do it to keep the bankers happy. And the response of Obama is to spend his time campaigning, laying off his jobs council, etc. I am sorry, but if you rely on the federal government for your living you are going to be subjected to the vagaries of politics. Considering Washington, DC has been totally immune to the lousy economy it is about time that they get some of the same sauce.
And I still remember quite vividly three years ago at the annual CEO conference for our industry listening to all the firms serving the private sector talk about how tough times were while the CEO's serving the federal govt were crowing about record revenue and profits. Fair enough, but am I supposed to cry over some furloughs when we have been dealing with this and much worse for years, especially when I know it is pure politics? Considering what we in the private sector have been through I cannot come up with the emotional energy to care. I spent it all laying off and reducing the salary of my own employees. And by the way, unlike the federal govt which will spend more money this year even with the sequestration our revenues are off 30%.
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