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The noun sequester is defined as a cut in government spending.
The sequester that politicians are currently talking about is not a cut in government spending. It is a cut in the increase in this year’s government spending.
Barack Obama and Democrats do not want the scheduled increase in government spending to be cut.
The sequester should be celebrated and there should be much larger cuts in the budget of the federal government.
There are many agencies of the federal government that not only produce nothing but are counterproductive.
The Environmental Protection Agency produces nothing but it prevents a great from being produced.
The Department of Education has done nothing to improve education in the United States.
The Department of Energy has done nothing to increase energy production in the United States.
Few government agencies benefit the public.
If all the government agencies that do not benefit the public were eliminated, government spending could be cut back immensely.
Why does government spending need to be cut? Spending more than the government takes in in taxes leads directly to inflation which means dollars buy less. The increasing prices of gas and food are a good examples of inflation.
The Federal Reserve System caused the great depression by increasing the money supply much faster than the economy was expanding. Then they severely cut the money supply. Loans had to be called in. Businesses failed. The stock market crashed. Then, the policies of Herbert Hoover and Franklin Roosevelt exacerbated the problem. Before Milton Friedman died, Ben Bernanke publicly admitted to him that the Federal Reserve System caused the great depression.
Significantly cutting government spending and eliminating the Federal Reserve System would move the United States in the direction of a booming economy.
Out of control government spending and the Federal Reserve System printing too much money can only lead to disaster.
More and more people are realizing that the United States has the Manchurian candidate in the White House. Hopefully, it will become obvious to enough people that Barack Obama will be prevented from destroying the United States economy.
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