Originally Posted by jungle

Good news gentlemen, all the kabuki about cuts matters not!

"Today is the day when an unprecedented $85 billion spending cuts will be sequestered, unleashing famine, pestilence, the apocalypse and grizzly bears (as all park rangers will be dead from starvation). Which is why we applaud the administration's desire to preempt this tragic for the nation outcome, by issuing, in one day alone: February 28, $80 billion in Treasurys sending debt to (obviously) what is a new all time high $16,687,289,180,215.37.

In other words, the entire apocalyptic impact of the sequester for 2013 was offset by one day's debt issuance."


Bravo, now see how easy that was, it only took one day.