1-2 spending reduction is a drop in the bucket over.5 trillion dollar total budget spend.
It appears by all accounts that the sequester approved by the Senate, House and signed by President Obama has everyone running away from it prior to Friday.
In the private sector, a decision is made about how much of the expense line needs to be cut and managers are forced to make the tough decisions.This form of expenditure is a drain on the nations wealth and reduces the long and intermediate ability of the free market economy.The answer lies in Washington spending tax payer resources (wealth) by borrowing money and spending it on projects, bureaucracy and expenditures that do not create a return or benefit for taxpayers.It will reduce a bloated federal bureaucracy.It will reduce GDP and create unemployment in the short term.Of course more is better than the same or less.It is estimated only half will hit during the current fiscal year.You will do the opposite of what Washington is doing.To generate a return by creating jobs, wealth, cash flow.
The sequester will not reduce total annual government spending.
These cuts will begin on Friday and last through the end of September, although many of these cuts will continue to occur in future years.The answer lies in productive investment.Why are we talking about the sequel when we havent even had spin palace casino online support sequestration yet?Until then, the economy will continue to slow and report poor results in the near term.You won't invest while they continue to spend.This is what our small and independent business owners do every day and every year.