[quote=SD Realtor]It will not wreak havoc on re prices.
sk um… aren’t you the one who always points out how much of the budget is spent on military?[/quote]
Yeah, I am. But I’m also an economist. So I understand the effects of sudden and drastic cuts to government spending. The US has never avoided a recession in the past when total government spending (fed and states) has been cut as it has been the last 3 years. Somehow we’re managing now, but further cuts won’t increase the likelihood of further recovery, and the cuts required by the sequester is likely to push the economy into another recession. There’s a time and place for everything.
