Forget sequester. What about $1T in annual cuts?

• Obama's compromise Sequestration = $85 billion for the rest of the 2013 fiscal year (ends September 30th).
• Republicans' House-approved Cut Cap and Balance Act = $1 trillion a year, give or take a few billion.
• Republicans' hostage taking of the debt ceiling = $1 trillion a year, give or take a few billion.

$2 trillion dollars later in federal spending, would you say that inflation has exploded and that we're in a Greek fiscal problem with scary, high borrowing costs?  Or would you say that the economy has steadily improved?

Okay, now let's assume that Republicans had their way, and Cut Cap and Balanced was signed into law, resulting in $1 trillion (at least) in cuts, each year.

Given that the CBO recently projected 750K fewer jobs created for the rest of 2013, resulting from $85B in spending cuts, do you think that our economy would have steadily improved, or fallen into the worst Depression, ever, from $1 trillion in annual cuts?

I vote for growth and Keynesian economics, not for a government that adds onto the economic woes in both directions (crowds out spending when the economy is hot, and expands unemployment when the economy is slow).