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Think about how they are selling this to us. Basically we are running at over 25% over our income every year... AT LEAST. IF they don't fix that soon, we will face either default and massive inflation in order to wipe out the debt, and either way it's going to be a disaster.
Now we come up to a 2.5% cut, (10% of what we actually need to do in order to balance the budget), and they have us believing that the country is doomed, and everything is going to fall apart. Time magazine even ran a piece saying that the entire aviation industry would be crippled.
Basically they are setting up the public to believe that no cuts are possible without ruining everything. The people in power will have theirs and be gone by the time everything comes due.... The joke will be on the rest of us.
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