Don’t overdramatize sequestration, says Cato

The frenzy over sequestration is for no good reason, argue Christopher Preble, Benjamin Friedman and Dan Mitchell of the Cato Institute. As they see it, sequestration doesn’t really address our federal budget problem, doesn’t get the defense budget under control and doesn’t pose a risk to our national security.

Under sequestration, “all we’re doing is shaving the rate of growth of government,” says Mitchell.

However, defense hawks continue to argue that should the military budget be cut at all, it’s at the cost of national security. That’s simply not the case, says Preble.

“We could be spending considerably less at no loss to U.S. security,” he says. “If anything, our spending so much undermines our security because it causes our allies to grow dependent on us spending on their behalf.”

If there is one group that may be justified in panicking over sequestration, it’s the defense contractors.

Allen McDuffee writes about politics and policy and covered think tanks for The Washington Post from 2011 to 2013. He blogs and hosts a podcast at governmentality.net and is currently working on a book about the influence of think tanks in Washington.

politics

Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Comments
Show Comments
Most Read

politics

Success! Check your inbox for details.

See all newsletters