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Will "sequestration" happen to the U.S. Defense Department's budget on January 1, 2013?

POSSIBLE ANSWERS

PREDICTED CHANCE

TODAY

Yes

(closed)

Predicted: 82.41%

Actual: 0.00%

  • completed

Question ends

December 30, 2012 @ 04:00am PST

Predictions Made

194

Most by: ChloeBurns (62 predictions)

Discussion

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SneakyPete   •   Sun Jul 22 2012 at 09:23am PDT

It is going to be interesting to see how politics are going to play in the issue of the “Sequestration” happening to the U.S. Defense Department’s budget. Military spending cuts will have a number of impacts in the nation’s overall economic and security picture. How will the cutting of the military structure affect the national security and its ability to not only protect the nation but additionally enforce national foreign policy? On the economic side, how drastic will military budget cuts impact the national employment picture? Both points will have a great political effect on the those who support the potential cuts of the U.S. Defense Department’s budget. Again we have seen a lack of leadership by President Obama in taking up the proposals put forth by the President’s Council on Jobs and Competiveness.

foobar   •   Mon Jul 23 2012 at 11:29am PDT

The second half of this statement seems a little political even for you.

SneakyPete   •   Mon Jul 23 2012 at 05:55pm PDT

I assume you are referring to my last comment regarding President Obama’s leadership style. The old Army NCO saying on leadership of “Lead, Follow or get the “7734” out of the way” is very applicable, in my opinion, on President Obama’s demonstrated leadership performance in his first 3 ½ years in office. He, again in my humble opinion, does not seem to really take the leadership role I would expect the President to take in putting forth his policies and agenda. He seems to have often a “Tunnel Vision” as we saw in his participation and limited agenda during the Health Care activity in Congress. What we saw was a partisan development of the program with little or no willingness to allow input of ideas from the other side of the isle. A good leader is willing to accept input from all sides, and not allowing only his party, develop a program. In the Health Care debate, I do not feel the he either lead the debate, but only followed behind or kept out of way during the development of the Health Care Bill. Just look at the leadership or lack of leadership by President Obama in taking up the proposals put forth by the President’s Council on Jobs and Competiveness. As the leader of the nation, I would have assumed that he would have at least met with the committee, and adopted some of their good ideas. With the economy and job numbers what they are, I would have thought that would have been the right thing to do. Finally, it seems that he has remained in a re-election mode for the past 2 years plus along with fund raising and playing golf rather than demonstrating his leadership responsibility in leading the nation out of the mess we are in. Just look at the national debt. It is time for President Obama to stop blaming President Bush for all that is going wrong, and take responsibility for his actions and impact it is having, on the nation. As an individual I like President Obama, but as the leader of the country, I feel he is failing in his responsibility.

foobar   •   Tue Jul 24 2012 at 09:53am PDT

Now the whole statement seems political. I would suggest that the situation is a little more complex than you present… Both sides are playing chicken for political purposes – and I suspect – and have bet my inkles – that sequestration will not happen.

SneakyPete   •   Tue Jul 24 2012 at 11:17am PDT

I agree with you that sequestration will not happen and have bet my inkles that way also. Also agree that both sides are playing chicken, for political purposes, for the reasons stated.

foobar   •   Thu Dec 20 2012 at 06:56pm PST

Still playing chicken.

SneakyPete   •   Fri Dec 21 2012 at 08:50am PST

Wonder who will blink first?

foobar   •   Fri Dec 21 2012 at 12:19pm PST

Boehner blinks first.

foobar   •   Thu Jan 03 2013 at 11:34am PST

I’d say it happened as predicted – Boehner blinks – votes with Democrats. Can we cash this one out?

foobar   •   Thu Jan 03 2013 at 11:34am PST

I’d say it happened as predicted – Boehner blinks – votes with Democrats. Can we cash this one out?

Rationales

"Disagreement over Tax Rates"

eeB7#crh bought at 13.29%
November 30, 2012 @ 07:07am PST

"because"

s!haeT3v bought at 9.32%
November 18, 2012 @ 12:08pm PST

"I think everyone acknowledges that this would bad for the economy but proactive steps would need to be taken to avert. The current congress has proven to be ineffective."

dTh4#wng sold at 9.66%
November 14, 2012 @ 03:00pm PST

"Republicans could be really stupid and not compromise just to spite Obama"

apee!D4e sold at 16.58%
November 07, 2012 @ 09:57am PST

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