November 11, 2012

A Plan For Sequestration

The Democrats must take the lead to solve the sequestration issue. The President and the Democratic leadership in the house should present a plan that is delivered to the Republicans and shared with the public. The plan should have several steps. During this next term President Obama must become an expert at using the bully pulpit. He  has the oratory skills to do it. Here is what needs to happen.

1. Clearly define the problem. Our projected future expenditures are greater than our expected future revenues and this is not sustainable. This means our spending must be reduced and our income must rise.

2. We must look at all alternatives and have a general consensus as to what our priorities should be. Is our defense budget too large? Can we reduce the cost of operating existing government departments by 10-15%? Do we need to invest more in education, infrastructure, research and development?

With limited resources we must collectively decide how much are we willing to help our less fortunate citizens. Further what demands should we place on those who are less fortunate to help themselves dig out of poverty? Everyone agrees that each individual should provide for themselves whenever possible. The debate is going to center around "whenever possible".

3. As a result of 1 and 2 above develop and implement a plan.

The above process is not going to happen in the next 45 days. The above are long term problems with long term ramifications. We must do it right and therefore more time is needed. Admit up front that setting the deadline of December 31st was not very wise in the first place and extend it to March 31, 2013.

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