The Washington Post mercifully tried to make everything interesting and relevant by cooking up a neato graph that outlines how the sequester, set to take place Friday, could affect each state. It’s White House-sanctioned data, so take it with as many grains of salt as you please.
But whether it’s personnel numbers or millions of dollars of budget items, the decreases are drastic across the board.
Closer to home, U.S. Rep. Marcia Fudge led a jobs rally at SEIU District 1199 HQ last week (video below). She explains that nearly 40 percent of Ohio’s revenue comes via federal funding. Big cuts, she warns, will produce a ripple effect downward and toward the local level.
This article appears in Feb 20-26, 2013.
I dont have a graduate degree, so i am not smart enough to figure this out. We spend $800 Billion of stimulus which creates about 59 jobs, but if we cut 2.5% of the budget, the economy is crushed and we lose 100,000 jobs. How does that work?
par-tay!!!