I strongly agree with Alan Carabine, who has said that sequestration spending cuts are actually cuts in “proposed increases” for next year. Even talk show hosts warn us of misleading increases.
The states, public and corporations should realize this point, and, in addition, should have foreseen the consequences of future cuts.
It reminds me of the employee who raises his amount of spending when his income goes up, due to his recent overtime pay, but then complains when the overtime stops. The states and people have become too dependent upon government hand-outs and grants. Instead of realizing such income is only temporary (or has strings attached), the recipients of the money adjust their lifestyle as if it were permanent.
Shock sets in when the supplier, either our employer or the government, must cut back. We need to investigate the news more and become more wary of government goodies!
Don L. Olson,