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I Like The Sequester

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October 14, 2013 – Comments (0) | RELATED TICKERS: BAC , K , OFF

Yes I do.  Some think me a leftist some think me a rightist.  In the end I think me someone who chooses to think.  Why do I like the sequester?  Because I accept the fact that Democrats and Republicans will never agree on anything of substance so force the issue.

I thought the sequester was a big win for the Republicans.  But I suspect they don't realize it yet.  Instead they listened to a lunatic JUNIOR Senator from Texas and pushed a fight the bulk of the country doesn't support. Boehner is right, Congress has a spending problem.  That is what the sequester was designed to cure.  And it is working.  The budget deficit is declining.

Now start making the right fight.  Start engaging in corporate tax reform to encourage the economy from the FISCAL side which Bernanke has been begging for for years now. Put the gun down.

 

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