Bullshit2
Bullshit. Squared. It's a charade to get you to think you just HAVE to accept cuts in Social Security and Medicare. Every bit of it is a lie. The "sequester" will be better than the "Grand Bargain" Obama's been trying to make for three years. (See my previous posts on January's "fiscal cliff" dive and the theft of Social Security .)
From Counterpunch
Watch Your Wallet!
Much Ado About Nothing in Budget Debate
by DAVE LINDORFF
"The Republicans are pretending that if we don’t have budget cuts this year, the whole US economy will collapse because of the nation’s enormous indebtedness.
"The Democrats are pretending that if no deal is reached, and automatic across-the-board cuts of 8% for the Pentagon and 5% for other programs will not only put the nation’s defense at risk and cause widespread suffering, but that it will derail the nation’s fragile economic 'recovery.'
"Both claims are, to put it gently, bullshit.
....
"As for the Obama Administration and the Democrats in Congress, what they secretly want is cover to start cutting Social Security and especially Medicare. Since those two programs were exempted from sequestration cuts, their strategy is to cry “wolf” about the impact of sequestration in order to bully Republicans into some kind of budget-cutting deal that would have Republicans agree to a rise in taxes in some truly minor way on the rich, while in return Democrats would 'grudgingly agree' to cuts in Medicare and maybe even Social Security. They will then be able to claim, to their progressive Democratic base, that the Republicans 'made us do it.'"
Read the full article