There was an interesting article in the news today. The only major city where the average family can afford an average new car ($30,500) is Washington, D.C. In other words, only federal employees can afford one, and the rest of us are paying for their new cars even though we can’t afford one ourselves. Let the sequester begin — at least in Washington! And as far as the military budget is concerned, there is lots of slack, as the military still does “use-or-lose-it budgeting.”
I remember having to redo my office floor every year in order to use up leftover funds from my budget, and the practice continues to this day. Many of the contracts with private companies and workers are too costly. The military needs to adopt zero-based budgeting and all outsourced work needs to be re-examined.