Although sequestration has been hyped as the Armageddon, Judge Andrew Napolitano explains that the cuts are "political theater," and nobody will be fired or furloughed.
President Obama can do "much more to diffuse" the impact of the government spending cuts set to go into effect this week, the Judge explained on the Fox Business Network. The president has many options, including "transfer authority," which would allow the cuts to be shifted between departments. He clarified that the sequester is not actually "spending cuts," rather they are a "reduction in the amount of increase." The fear-mongering is clearly a political tool and a bonus opportunity to point fingers at Congress. Nobody seems to remember that the sequester proposal originated from the Obama Administration and the president signed it into law in 2011.
If President Obama really believes that the sequester will trigger a recession; why did he sign it into law?
Napolitano continued to say that the federal government:
"will spend more money even with the sequester in 2013 than it spent without them in 2012. We are not talking about the president firing or furloughing soldiers or TSA workers or FAA Air Traffic controllers, we are talking about him hiring fewer of them."
Speaking of hiring fewer government workers, Senator Tom Coburn points out that while President Obama is lamenting over criminals roaming the streets due to spending cuts; the federal government is also "soliciting applicants for numerous lower priority jobs," as reported by Washington Business Journal. In other words, there has been no freeze in hiring. In fact, the federal government is hiring like crazy! On Wednesday, there are over 1,500 job postings for the Department of Defense alone. Sen. Coburn points out that there are job postings "ranging from State Department drivers making as much as $26 per hour; to a staff assistant to answer phones at the Labor Department who could earn up to $81,204 a year; to an Air Force historian who would work for up to $165,300 a year." If the sequestration was really a recession-triggering proposition, why not hold off on posting the 81,000 phone-answering job?
Watch the interview here:
Image Source: Washington Post