Tuesday, May 07, 2013

More Sequester Stupidity

Sometimes spending a dollar today results in your saving more than a dollar tomorrow.  Dave Johnson has a list of some of those investments that have been cut by the sequester:
  • Meals on Wheels - keeping people in their homes by bringing them meals is a tad - a big tad - better than moving them to nursing homes.
  • IRS - laying off 89,000 agents means less enforcement of tax collections. One estimate: $1 saved in expenses means $200 lost in revenue.
  • Scientific and Medical Research - who knows what inventions may never see the light of day?
  • Defense - this across-the-board cut prevents spending money on worthwhile projects.

The days go on but what are our leaders doing about anything beyond arguing?

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