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Imprisonment. our president twice in the last year starting with a year ago has admitted that we don t have a strategy. we re seeing the sequester kick in because of the incredible dysfunction of washington, d.c. gutdi in gutting our military. we have a president that doesn t believe that our leadership in the world matters. we re in a more dangerous world off this. i believe we need to go the opposite direction. i believe we need to restore the cuts that have gutted our military and if they continue will gut the navy, the army, the marines and the air force. we need to reform the department of defense for sure. we are going to continue to monitor jeb bush speaking at that town hall this morning norfolk norfolk, virginia. opening it with a moment of silence for the journalists murdered in roanoke virginia. ....
From capital one. boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that s three new paper shredders. [ boris ] put em on my spark card. [ garth ] boris small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken s testimony, please. buk, buk, bukka! [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i d get half. what s in your wallet? welcome back to weekends with alex witt. as washington tries to avert another fiscal crisis people across the nation are bracing for the effects should the sequester kick in on march 1st. just about every agency ....
For the economy to keep cutting jobs. jared, finally, as an economist, just give us an overview of how catastrophic this will prove, because there s been so much disputation about whether these cuts will really have much of an impact. republicans have been running around people like haley barbour saying he doesn t care, let the sequester kick in. yes, i disagree with haley barbour s economic analysis, you won t be surprised. i suspect there isn t much there. when you re think being the sequester, you re talking about taking $85 billion out of an economy that s already growing too slowly i think we would all agree. growing, yes, but not fast enough to lower the unemployment rate. the sequester, i don t know that i would use the word catastrophic. the sequester will take something like half a percent off of gdp growth in this year, in 2013. that s exactly the wrong way. it s like the congresswoman was ....
That appears to be the plan right now. well if this is a plan, they need better planning. they ve done the obstruction number before, and it hasn t worked out very well for them. the real issue i think is the internal dynamics within the republican party, the fact that there are sensible members of party who realize you can t cut right now or else you go back into recession. but they have to deal with the tea party wing. and they have to deal with the party that is angry that feels that got rolled in the fiscal cliff negotiation and wants to roll the president, damn the cost. sam, would the congress let this sequester kick in and then come back and try to pass something their way? what do you think, just to save face? that might be the case. i did an interview with representative jim miranda of virginia a couple of weeks ago where he predicted that is the outcome where you do hit sequestration, there is an obvious and tangible economic blowback because of it. and congress sort of ....
Right now or else you go back into recession. but they have to deal with the tea party wing. and they have to deal with the part that is angry that feels they got rolled in the fiscal cliff negotiation and wants to roll the president, damn the cost. sam, would the congress let this sequester kick in and then come back and try to pass something their way? what do you think, just to save face? that might be the case. i did an interview with representative jim miranda of west virginia a couple of weeks ago where he predicted that is the outcome. where you do hit sequestration there is an obvious and tangible economic blowback because of it. and congress sort of gets scared into acting, finding a replacement. the concern i m hearing now from democrats is that sequestration will happen, and then republicans will introduce a bill to basically tack back the defense cuts portion of it and leave all the social safety programs untouched. and what you end up having there is you force democrat ....