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article imageBarack Obama calls sequestration he signed a 'dumb' idea

By Larry Clifton     Mar 1, 2013 in Politics
Washington - After railing against Republicans and Sequestration for months, President Barack Obama failed stop a relatively small blend of cuts that he signed into law before deciding to campaign against them.

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The Sequestration agreement designed to force a cut in deficit spending should the president and congress fail to act went into effect today and amounts to about 2 percent of government spending. Deficit spending will continue to increase at roughly the same rate despite the cuts.
The escalating U.S. deficit increased more than $5 trillion during the first four years of the Obama administration. Obama signed sequestration into law in 2011. The Senate, led by Democrat Harry Reid, has not passed a budget in well over three years. The house passed a budget but Obama and the Democrats in the U.S. Senate refused to act on it.
For his part, Obama called a meeting after Sequestration went into effect on Friday. The president, who has campaigned against Republicans for months and refused to compromise, failed to gain any traction on Friday and was reduced to blaming Republicans, lamenting only a "Jedi mind meld" could have brought compromise.
When asked why he failed to get a deal before sequestration deadline day, Obama blamed "Republicans" for sequestration by claiming his ability to negotiate was limited by Congress. Mr. Obama did not accept any responsibility for himself or Democrats.
After the failed meeting, Obama attempted to portray himself as the lone voice of reason in negotiations.
"I know that this has been some of the conventional wisdom that's been floating around Washington," Obama told reporters after meeting with congressional leaders. "Even though most people agree that I'm being reasonable, that most people agree that I am presenting a fair deal -- the fact that [Republicans] don't take it means that I should somehow do a Jedi mind meld with these folks and convince them to do what's right," he said.
While Mr. Obama portrayed the cuts as radical and destructive reductions in deficit spending that would greatly harm the economy up until the last few days, he recently changed his story and admitted that most Americans will not notice any difference.
Still, the president who has presided over the most deficit spending in American history referred to the nearly insignificant cuts that total $85 billion as “dumb.”
"We will get through this," he said. "This is not going to be an apocalypse, I think, as some people have said. It’s just dumb. And it's going to hurt."
After Sequestration cuts went into affect, Mr. Obama reminded a mostly friendly press core that he was not a dictator.
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