Henderson on Responsibility for Sequestration
By David Henderson
Sam Brock of the NBC affiliate in San Jose came down to Monterey on Wednesday to interview me about the coming sequester of government spending. I didn’t realize to what extent the interview would be about “who is to blame.” I made the point that although this is not the ideal cut in government spending, or, more correctly, the ideal cut in the growth of government spending, at least it is a cut. So I favor it over doing nothing and over the smoke-and-mirrors solutions that Congress and the President often come up with it. My advocacy of the sequester is somewhere on the cutting-room floor.
Sam, however, made it about who is to blame. I would never use the word “blame” to describe responsibility for a good policy. Here’s the video. I make the point about “responsibility” rather than “blame” at about the 1:34 point.