Peter Schiff: The cuts aren’t big enough, we need to do a lot more spending cuts
View on YouTube
With five days left before $85 billion is slashed from U.S. government budgets, the White House issued more dire warnings about the harm the cuts will do to Americans, breaking down the loss of jobs and services to each of the states.
The estimates show how many teachers could lose their jobs in each state, how many toddlers could be kicked out of subsidized preschool programs, and how many children could lose funding for vaccines for measles and mumps.
But Republicans, who advocate budget cuts, said the warning was overplayed, and called on President Barack Obama to apply what is known as the “sequester” in a more careful way, rather than slashing budgets across the board.
“They’ve rolled out this great political theater about how cutting less than 3 percent of the federal budget is going to cause all these awful consequences,” Louisiana Gov. Bobby Jindal, a Republican, said on NBC’s “Meet the Press.”
“Here’s his chance to say, ‘Here’s how we can do it better,’” Jindal said, suggesting Congress and the White House give departments the ability to cut spending on less essential services.
Obama’s fear-mongering has even stooped to claiming that the sequester will hurt a government agency that no longer exists, and having Homeland Security Secretary Janet Napolitano warn that the “cuts” will leave Americans more vulnerable to terrorist attacks.
OMG! Everybody panic!
If national security is threatened, it’s because irresponsible politicians in Washington have decided to blow trillions on everything BUT the 17 legitimate, constitutional responsibilities of the federal government, of which national defense is supposed to be top priority.
Here’s what these supposedly “disastrous” cuts look like:
As the graph clearly shows, nothing is really being CUT. The sequestration simply decreases the size of the INCREASE that all these government departments were expecting to be able to spend. A “cut” would be if that slope was facing downward from what we’re currently spending. This doesn’t even scratch the surface of what is needed to make our nation financially viable.
[L]ower spending and limited government are the exact right medicine for free-market prosperity. The sequester cuts are pro-growth. Finish the job, please.
Spending cuts from sequestration and more are necessary. Without them, Americans will suffer even more in the future as economic uncertainty undermines opportunity and as deficits become growth-reducing debt. The good news is that there are smart ways to cut spending to offset sequestration, and at least six bipartisan ways to reform entitlements.
Republicans are calling Obama’s bluff, calling on him to make some REAL cuts if he is so concerned about “essential services” being in danger:
Sen. Tom Coburn, R-Okla., in a letter to the White House budget office, called Monday for a “hiring freeze” on non-essential positions.
[…] The request follows a letter Thursday in which Coburn urged the Obama administration to cancel a 100-city tour aimed at connecting federal officials with local leaders.
Coburn is among the Republicans on Capitol Hill who claim President Obama is exaggerating the impact of the cuts.
Of course, he’s not even willing to cut his own salary, much less luxurious vacations, White House parties or travel expenses.
He’d rather try and blame the Tea Party, which RINO’s in the House are more than happy to help him do:
The White House is trying to assign blame to Republicans in Congress for the impending “draconian cuts” to the federal budget known as the “Sequester.” Speaker of the House John Boehner, who never seems to miss the opportunity to screw up a message, took to standing in front of a “doomsday” style clock in an effort to “blame” the White House for the cuts.
The problem with the Boehner optics: It buys into the Obama narrative that the sequester is Armageddon.
Meanwhile, the Washington Post today lets Boehner off the hook by throwing the blame over to the Beltway’s favorite scape goat, the Tea Party. But, the twist in this story is conservatives who were swept into Congress in 2010 during the grassroots Tea Party election seem just fine with this narrative… in fact, they want credit, not blame for the cuts.
“This will be the first significant Tea Party victory in that we got what we set out to do in changing Washington,” said Rep. Tim Huelskamp of Kansas. Meanwhile, Speaker Boehner is still standing in front of the doomsday clock and giving President Obama the photo-op of a lifetime.
Peggy Noonan got this one right: