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Thu Feb 7, 2013, 03:27 PM

US everyday life to feel austerity

From long delays at the nation’s airports, to huge potential layoffs of government workers, to less accurate weather forecasts, Americans may soon feel the pinch of austerity.

Despite political manoeuvring by Republicans and the White House to find a solution to the so-called “sequester”, there are no serious proposals to avoid the $1.2tn in automatic spending cuts that are expected to take effect on March 1.

What happens next is the subject of intense speculation on Capitol Hill. This is in part because the Obama administration has kept a lid on the details of how US government agencies would absorb $600bn in spending cuts during the next decade and exactly which programmes the Pentagon would slash to accomplish an extra $600bn reduction.

“Will the average person feel these cuts in a way that they will show some outrage or will they just go on and be kind of ‘ho hum’. No one knows how this plays out,” says Tom Davis, a former Republican congressman from Virginia.

full: http://liveweb.archive.org/liveweb/http://www.ft.com/cms/s/0/e6d6e958-713c-11e2-9d5c-00144feab49a.html

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Reply US everyday life to feel austerity (Original post)
alp227 Feb 2013 OP
msongs Feb 2013 #1
blkmusclmachine Feb 2013 #3
They_Live Feb 2013 #2

Response to alp227 (Original post)

Thu Feb 7, 2013, 03:39 PM

1. the drone industry is booming. the USA has priorities ya know nt

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Response to msongs (Reply #1)

Thu Feb 7, 2013, 07:35 PM

3. Whoever makes all those cameras at every intersection, and the EDR spies they put into your car,

and the cameras & microphones going into your TV sets, and the cameras going into your cars, and the GPS in your car & your government-issued documents, are making A KILLING. Jobs, jobs, jobs!

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Response to alp227 (Original post)

Thu Feb 7, 2013, 06:06 PM

2. Or the wealthy could pay taxes

for the unfunded wars that they wanted so badly, and profited from.

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