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Drahthaardogs

(6,843 posts)
4. I have intimate knowledge of work at the DoD.
Sat Feb 16, 2013, 08:49 AM
Feb 2013

Anyone who thinks that this is just going to hurt Boeing and Booze Allen and Hamilton is way off. Our government directly or indirectly employs a staggering amount of people. They are all going to get a %20 pay cut. 20% is a lot of money for a lot of people, there is not way to make it up. No unemployment etc.

The sad thing about it is, this will now hurt those who do not work for the government or with the government. Less dinners out, less vacations, less cars, etc. EVERYONE in the country is going to feel this. It is going to hurt.

Make no mistake, defense always needs to be cut at the conclusion of a war, but this, this sequester is not "cutting defense". It is cutting just about every government program and employee by %10-20%.

In other words, the GOP just go their austerity moment. Greece made it look so sexy they could just not help themselves.

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