opinion

Is it bad that the congressional “Supercommittee” failed to reach a budget agreement, thus triggering across-the-board cuts worth $1.2 trillion?

Yes, the cuts will destroy many worthy government programs. 42% | 89 votes
No, the cuts will shrink the government's size. 46% | 98 votes
I don't know 12% | 26 votes
Posted 11/27/11

2 comments on this story | Add your comment
Please log in or register to add your comment
tedalmon@claflin.com

The question is improperly worded as those opposing cuts could vote either yes, assuming those cuts would have been greater or NO, as in failing to make cuts is good not bad.

Monday, November 28, 2011 | Report this
Mister_Smithers

The automatic cuts are OK, since the alternative would probably have been no cuts - or a spending increase - which would have triggered an immediate credit downgrade to the US from the big ratings agencies, followed by a stock market crash that would have led to layoffs and 401K evaporation like the world has never seen. Frankly, you should all thank the Tea Party for at least getting the US to think seriously about fed deficit reduction. It would not have happened without their influence, because Obama finds any type of cost cutting politically inconvenient considering his liberal (and vanishing) base of support. He's a one term president, if we are lucky.

Wednesday, November 30, 2011 | Report this
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News