"White House Report On Sequester Cuts Will Make You Sick"

Bruce Krasting:

I could go on for a bit. There was not a single page of the 70 detailed pages that did not have one or two items that were questionable. The sequester is a stupid way of going about cutting expenses, but there is a ton of fat in what is spent.

Warning: The report is endless. It will hurt your eyes and make you sick.

Comments

[Patrick R. Sullivan]

Just before reading your post I'd been re-reading, 'How the Lock-In Movement Went Off the Tracks', by friends;

'...for those still seeking harmful lock-in, we offer this. You‘ve been looking in the wrong places. You‘ve been looking at markets. Look elsewhere. Look where competition is not particularly effective, where there is no possibility of bankruptcy, where there are no investors who can pull the plug on losing battles. Look where the rewards for successful innovation are unspectacular or nonexistent. Look where concentrated interests face off against unconcentrated counterparts. Look at government. Cultivate that garden.'

Still good advice.

[e. toro]

I just read the reports, and I think I can't add anything more to what you said.

And can I ask where I could find a copy of 'How the Lock-In Movement Went Off the Tracks' Patrick?

Thanks.

[Patrick R. Sullivan]

e. toro,

http://jindal.utdallas.edu/files/Keys-ten-years-10-3.pdf