Comments: 10 Year Storms

My son-in-law has been downsized out of the Navy, and a lot of folks don't realize that a military drawdown has already started. Too bad about all those years he already put in for Uncle Sam, not to mention his dreams of military retirement. Uncle Sam decided they didn't need him anymore, so it was 'bye bye'. It took him several months, but he found a great civilian job that appears to be secure in the long term. The biggest suck is that they're moving more than halfway across the country, which will seriously cut into my granddaughter time.

Posted by Ted at August 21, 2012 05:39 AM

Ted- It has started on it's own and this is going to take it that one step worse. And this is going to effect air traffic controllers, inspectors, preschool programs. If a State receives federal money for their teachers, gone. Half is Defense and half is non-defense. So it's been easy for people to say, "Oh its only those suck defense contractors..." but Sequestration was designed so everyone feels the big suck.

Posted by Bou at August 21, 2012 05:44 AM

Bou, thanks for the information. I will look further into this. After my nervous tummy calms down!!! Scary. Very, very scary!

Posted by Peggy K at August 21, 2012 05:56 AM

Frightening. They calculate at least 2 million jobs would be lost under sequestration...

The question is, who has set this in motion... and who would stop it?

Posted by pam at August 21, 2012 08:15 AM


And I worry about what's for dinner.
I guess I should be worried about how I'm going to AFFORD dinner after half the nation is out of work and our Defenses were slashed so low even the Canadians could take over the US with pitchfork and a stick of dynamite.

Posted by Rave at August 21, 2012 02:44 PM

And Pam- as I understand it, this was set in motion in 1985 in an effort meant to put enough fear into lawmakers to control the deficit. In 2011, after the House & Senate failed (yet again) to reach an agreement, Sequestration went into effect, which will cause massive cuts across the board every year starting on Jan 2, 1013 and remaining for 10 years.

To stop it, our lawmakers in the Senate & House MUST AGREE to a budget that reduces the deficit by at least $1.2 Trillion using either cuts and/or revenue streams.

Posted by Rave at August 21, 2012 02:53 PM

As far as I'm concerned... it's a done deal. I'm already preparing. I'm already looking for where I can work after... if I can get something part time teaching. I am working as much as I can so I can finish paying my kids' tuition for the Catholic HS they're in and the next year I only have to pay for one... but I have one going to college.

We have some serious things going on in this house. Big changes.

America doesn't even know about this. At all. And it's going to effect everyone and the blame game will start again.

This is EVERYONE'S fault in congress. It is not just the Republicans or the Democrats. They all did this to us. Every one of them.

And nothing will happen before the election. NOTHING. This doesn't really effect Congress. They'll still have their fat jobs with their fat pay. They'll still get their benefits for life and medical. They'll still be traveling back and forth to capital hill on our dime, eating out, doing what they do.

We'll all write and suffer and scream... and they'll all dig their line in the sand that they won't compromise... they won't budge, and we the people will lose their homes, their cars, retirements (what is left) and it won't effect them.

The fact is... none of our lawmakers care about us. They give lip service. NONE of them care. And if you believe ANY of them do, you're drinking the kool aid and need to step back.

Posted by Bou at August 21, 2012 04:32 PM

I can tell you my life has already changed. We might be in too deep already. Regardless of who's elected, It's still only going to get worse. Too much debt, and printing more dollars is nothing more than a bandaid. Even if we fired all politicians at every level, I don't think it would make a difference. Everyone should be formulating a plan B. Everyone. Everyone I know has already been affected in one way or another, and I know a lot of people.

Rough seas ahead.

Posted by Yabu at August 22, 2012 06:25 AM

Here's the thing- at what point do we blame THE PEOPLE for continuously electing or failing to elect (or remove) morally and ethically viable candidates?

What percentage of the public actually LEARNS about the issues?
Don't most elect/vote candidates according to emotion-wrought commercials? Because sitting on asses and changing channels with a remote is the most extraneous effort that can be expected of a society told and taught (repeatedly) that's the 'American Dream'?

This is society's fault. And yes, Congress is part of society, albeit richer, but a part nonetheless.

This encompasses everyone.
Business owners.
Truck Drivers.

This storm has been brewing for decades because the American people did not require, nay- could not be bothered- to force accountability of its elected officials.

And I think the only way to stop further damage is for everyone to WAKE UP.
Take an account- learn the issues.
Write to your officials.
Tell them what you want and what you don't want, and threaten their reelection possibilities.
Then follow through with your threats if your demands are not met.

And for feck's sake. Turn off the TV!

Too many people are ON the world. Not IN it.

Posted by Rave at August 22, 2012 06:27 AM

Everyone thinks it's not THEIR official. It's everyone else's official that is causing the problem. Nobody wants to admit the guy they voted for is an unethical no good piece of crap.

Posted by Bou at August 22, 2012 07:42 AM

Am I mistaken in thinking that one HUGE point in a country's government is that we have one military. One military to protect the entire country. And that the taxes we pay are suppose to make sure we have the biggest and the best? Sigh...

Posted by vwbug at August 22, 2012 12:21 PM

I was flipping by CSPAN yesterday when I saw some guy talking about the Laffer curve, and I stopped. Turns out he was the former director of the CBO talking about what he calls the fiscal cliff coming in the next 3 months, and showing the US in the back of the car with Thelma and Louise. This is BAAAAAAD. And the blame rests on BOTH SIDES.

Needless to say I stopped and watched the whole thing. It's worth the hour of your time, just go to CSPAN and look for the AICPA video playlist, and click yesterday's video.

Posted by caltechgirl at August 22, 2012 02:03 PM

Excellent video!

Posted by Rave at August 22, 2012 04:52 PM

Bou is right, the pain is going to hurt us all. On the defense side we will have a Navy smaller than we had after WWI, and Air Force smaller than we had prior to WWII, a ground force that is smaller by far. Expect a call to eliminate the Marines entirely (always happens when someone wants to save money, turns out to be a good thing they don't when it counts).

During the first 2 years of Clinton, we lost 293,000 reservists, 8 regular Army divisions, 20 Navy/AF combat wings, 232 strategic bombers, 13 missile subs, 4 aircraft carriers and 121 other surface ships + + +. This will be far, far worse.

The inability to project power will multiply the effect. We will look like England, only slightly heavier...

Posted by Pappy at August 22, 2012 07:42 PM

Keep in mind, though, that the two million jobs allegedly lost are government jobs. Reducing the size and cost of government frees that money for the private sector, which can and does provide more jobs more efficiently. From several years of reading your posts I suspect that you will have no trouble finding a private sector job in your area of expertise.

That being said, I don't believe that they will actually reduce the size of government. Governments rarely do that voluntarily.

Posted by Calvin A. at August 23, 2012 11:39 AM