Home > Government & Politics > Sequestration: The Destruction of a Nation?

Sequestration: The Destruction of a Nation?

Budget CutUnless there is a last-minute deal in Washington, which no one expects to happen, the reductions in federal government spending known as sequestration will start tomorrow.   Some politicians, economists and leaders have shrugged off the cuts as having a negligible effect on the economy and government services, while others are predicting a near cataclysmic effect.

The following are just some of the claims made by President Obama and others opposed to the cuts.

  • Police, fire and other first responders will be laid off.
  • Classroom sizes will swell as teachers lose their jobs.
  • Air travel will become more dangerous when traffic controllers are let go.
  • Security lines at airports could be 4 hours long when the TSA is forced to trim its ranks.
  • Food will be dangerous to eat because the FDA will need to reduce the number of inspectors.
  • Criminals will go free because there aren’t enough federal prosecutors.
  • And my favorite…  Maryland Rep. Donna Edwards says battered women will be forced to remain with their abusers because hotlines for battered women will go unanswered.

We expect a certain amount of posturing and hyperbole in political discourse, but some of the recent statements sound like fear mongering.

In reality, no one knows for sure what the sequestration cuts will do to the economy or government services.  There is certain to be some effect, but if the impact is anything close to what has been predicted in the past weeks, then we are in serious trouble as a nation.

Consider these facts about the sequestration cuts.

  • Total federal spending will be reduced by $85 billion this fiscal year.
  • Half of the cuts are borne by the defense department and the remaining half over the other agencies.
  • Total federal spending in Fiscal 2013 will be approximately $3.8 trillion.
  • The Fiscal 2013 budget deficit is projected to be $894 billion.
  • The sequestration cuts amount to 2.2% of all spending and would reduce the deficit by less than 10%.
  • US GDP is estimated to be over $13 trillion.
  • The sequestration cuts would account for 0.65% of annual GDP.

If 2.2% of federal spending and 0.65% of GDP sends our nation and economy spiraling out of control, the future is much worse than the grim predictions of the sequestration cuts.  Federal spending would have to decrease by 25% to balance the budget.  If a 2.2% reduction caused this kind of havoc on our society, imagine what it would be like if we had to cut spending to balance the budget.

Without question, sequestration will be painful for people directly or indirectly affected, and the across-the-board nature of the cuts probably isn’t the most effective or efficient manner to reduce government spending.  However, if the current sequestration cuts can destroy our nation, we’re already destroyed; we just don’t know it yet.

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