Just Another Obama Lie Which He Hopes Will Cause Republicans to Cave on Sequestration

February 27, 2013 in Abuse of Power, Anarchist, Debt Crisis, dictator, Economic Deception, Fiscal Cliff, Generational Theft, Indoctrination, Intimidation, Liars, Obamanation, Political Deception, President Obama, Propaganda, Redistribution of Wealth, Socialist, Treason, White House Fraud, Who Is Barack Hussein Obama?

Barack Hussein Obama invented Sequestration

Obama LaughingNow it looks like Obama and his Thugs miscalculated on Sequestration. They have been using the imminent implementation of Sequestration to conspire with their media minions  in attempting to coerce the Republicans to once again cave to  Community organizer’s wicked lying  propaganda rants that have increased in volume and intensity as we approach the February 1st implementation.

The Republicans didn’t cave immediately and thereby created  a potentially disastrous political dilemma for Our Dear Leader. His political cohorts are telling him that if Sequestration becomes effective and the sky doesn’t fall, Barack will have a sever credibly problem, even among his loyal supporters.

If you take a look at the GDP math below that shows about a half cent hit for every non sequestrated GDP dollar, or even if you don’t, there is only one unquestionable conclusion that becomes evident.

Obama’s rants on Sequestration are a contrived comedy about  “Much A do about Nothing ”

That’s Right! There is no appreciable affect on our economy, even if he jawbone’s Ben Bernake  into saying so!

Call Your Senators and Representatives and tell them to let Sequestration to go into affect so that we can bring our $16.6T ever increasing Debt Crisis under control!

Analyses of Sequestration Affect on 2013 GDP:

The size of a nation’s economy is the total value of the spending on goods and services in the nation in a year. This spending occurs in the form of transactions within and between these three sectors. The flip side of this spending is production, because you can buy only what has been produced. So we can also measure an economy based on its production. Therefore, when you add up all of these transactions—and the value of foreign trade—the result is gross domestic product, or GDP. The formula for GDP is:

GDP = C + I + G + (Ex – Im)

where “C” equals spending by consumers,
“I” equals investment by businesses,
“G” equals government spending and
“(Ex – Im)” equals net exports, that is, the value of exports minus imports. Net exports may be negative.

According to Infoplease the  composition of GDP breaks down roughly as follows:

Consumption:   65%

Investment:       15%

Government:     20%

Net Exports:     0.0%

The CBO Projection for 2013 GDP is $16.198Trillion

2013 without Sequestration

C = $16.198T X .65 =10.5287 Trillion

G = $16.198T X .2 = $3.2396 Trillion

I =  $16.198T  X .15 =$2.4297 Trillion

2013 with Sequestration  

Assumes that the only variable is the $85B removed from  G, the Government Budget Contribution  while  C, I  remain constant

$16.198T – .085T =$16.113 T

C = $10.5287 Trillion

G = $3.2396T- .$085T = $ 3.1546 Trillion

I =  $2.4297 Trillion

What is the affect of Sequestration on GDP?

(Sequestration GDP  divided by Non-Sequestration GDP   minus 1) x 100 = Percent

($16.113T/ $16.198T) -1  = 0.0099 = .99% or about 1%

The $85B in Sequestration would reduce GDP by 1-cent for  every dollar of a  Non Sequestration GDP.

 

Since one-half of the $85T in Sequestration is slated for FY 2014, Sequestration will reduce the  FY 2013 Sequestration GDP  by about one-half a penny  for every  Non Sequestration dollar.

[subscribe2]