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American Economists Say the Sequester Should Be Replaced with Other Spending Cuts

At a time when American families are being forced to do more with less, the government in Washington continues to spend money we don’t have.  The result: a booming budget deficit that economists say is hurting families and hurting our economy.

Unfortunately, President Obama disagrees.  Instead of cutting government waste and replacing the sequester he proposed in 2011 entirely with better spending cuts, President Obama wants to use the sequester as a bargaining chip to raise yet taxes again on the American people to pay for even more government spending.

We can’t spend our way to prosperity.  Spending is the problem. That’s why 180 American economists signed a statement that reads, “The large structural deficit due to excessive government spending is hurting the economy. If replaced, the sequester should be replaced with more responsible spending cuts, equal in total to the 2011 agreement, to help put the country on a path to a balanced budget within ten years.”

The American people should not be asked to pay more in taxes at a time when the government is wasting millions on luxury conferences for bureaucrats, the construction of a TV studio for the IRS, and hiring PR firms to promote ObamaCare.

Here’s the full list of economists. Tell us if you agree with them by signing your name above.
 

William P. Albrecht
University of Iowa

 

Donald L. Alexander
Western Michigan University

 

J. J. Arias
Georgia College & State University

 

Richard K. Armey
U. S. House of Representatives, Retired

 

Charles W. Baird
California State University,
East Bay

 

King Banaian
St. Cloud State University

 

Christopher C. Barnekov
Federal Communications Commission (ret.)

 

Stacie Beck
University of Delaware

 

Richard E. Bernstein
Temple University

 

Sanjai Bhagat
University of Colorado

 

Michael Bond
University of Arizona

 

Donald R. Booth
Chapman University

 

Michael Boskin
Hoover Institution

 

Eleftherios N. Botsas
Oakland University

 

Edward C. Boyer
Temple University

 

David Brat
Randolph Macon College

 

Lawrence Brunner
Central Michigan University

 

Phillip J. Bryson
Brigham Young University

 

Andrew Busch
The Busch Update

 

James L. Butkiewicz
University of Delaware

 

William N. Butos
Trinity College

 

James C.W. Ahiakpor
California State University,
East Bay

James Carter
Former Treasury Official

 

Richard J. Cebula
Jacksonville University

 

Don Chance
Louisiana State University

 

Kenneth W. Clarkson
University of Miami

 

Warren Coats
International Monetary Fund (ret.)

 

John F. Cogan
Hoover Institution

 

Lloyd Cohen
George Mason University

 

Boyd D. Collier
The A&M University System

 

Peter F. Colwell
University of Illinois at Urbana-Champaign

 

Michael Connolly
University of Miami

 

Mike Cosgrove
University of Dallas

 

Eleanor D. Craig
University of Delaware

 

Clyde Wayne Crews Jr.
Competitive Enterprise Institute

 

Robert L. Crouch
UC Santa Barbara

 

Mario J. Crucini
Vanderbilt University

 

Ward S. Curran
Trinity College

 

Albert L.  Danielsen
University of Georgia

 

J. Ronnie Davis
University of New Orleans

 

Ronnie H. Davis
Printing Industries of America

 

Clarence R. Deitsch
Ball State University

 

Joseph S. DeSalvo
University of South Florida-Tampa

 

William G. Dewald
Ohio State University

 

Phoebus Dhrymes
Columbia University

 

Jeffrey H. Dorfman
University of Georgia

 

Floyd H. Duncan
Virginia Military Institute

 

Gerald P. Dwyer
Clemson University

 

John Eckalbar
California State University, Chico

 

Alain C. Enthoven
Stanford University

 

Paul Evans
Ohio State University

 

Frank Falero
California State University

 

Fred Foldvary
San Jose State University

 

William F. Ford
Middle Tennessee State University

 

Douglas Frechtling
George Washington University

 

Diana Furchtgott-Roth
Manhattan Institute

 

Gregory M. Gelles
Missouri University of Science and Technology

 

Joseph A. Giacalone
St. John's University

 

Otis W. Gilley
Louisiana Tech University

 

Micha Gisser
University of New Mexico

 

Barry K. Goodwin
North Carolina State University

 

Eric S. Graberand
University of Maryland University College

 

Kenneth V. Greene
Binghamton University

 

John Greenhut
Texas A&M University

 

Earl L. Grinols
Baylor University

 

Tim Groseclose
UCLA

 

Dennis Halcoussis
California State University, Northridge

 

Eric Hanushek
Hoover Institution, Stanford University

 

Stephen Happel
Arizona State University

 

Rich Hart
Miami University

 

Joseph Haslag
University of Missouri

 

John A. Haslem
University of Maryland

 

Kevin Hassett
American Enterprise Institute

 

Scott Hein
Texas Tech University

 

Robert Heller
Former Governor, Federal Reserve Board

 

David R. Henderson
Hoover Institution

 

John P. Hoehn
Michigan State University

 

Stuart Hoffman
PNC Financial Services Group

 

Arlene  Holen
Technology Policy Institute

 

Douglas Holtz-Eakin
America Action Forum

 

C. Thomas Howard
University of Denver

 

Forrest E. Huffman
Temple University

 

James L. Huffman
Lewis & Clark Law School

 

L. Dwight Israelsen
Utah State University

 

Joseph M. Jadlow
Oklahoma State University

 

William Jennings
California State University, Northridge

 

Gerald R. Jensen
Northern Illinois University

 

D. Bruce Johnsen
Georg Mason University School of Law

 

Dennis A. Johnson
University of South Dakota

 

Richard E. Just
University of Maryland

 

Joe Kennedy
Kennedy Research, LLC

 

Richard La Near
Missouri Southern State University

 

Arthur Laffer
Laffer Associates

 

W. J. Lane
University of New Orleans

 

Nicholas A. Lash
Loyola University Chicago

 

Tom Lehman
Indiana Wesleyan University

 

Stan Liebowitz
University of Texas--Dallas

 

Jane Lillydahl
University of Colorado at Boulder

 

James R. Lothian
Fordham University

 

R. Ashley Lyman
University of Idaho

 

Yuri N. Maltsev
Carthage College

 

Henry G. Manne
George Mason University School of Law

 

Richard D. Marcus
University of Wisconsin

 

Michael L. Marlow
Cal Poly -San Luis Obispo

 

Noralyn Marshall
Risk Management Advisors

 

Timothy Mathews
Kennesaw State University

 

W. Douglas McMillin
Louisiana State University

 

Roger E. Meiners
University of Texas at Arlington

Todd Milburn
Washington University

John Merrifield
University of Texas at San Antonio

Michelle Michot Foss
University of Texas

 

Daniel Miller
Northern Virginia

 

Thomas Miller
American Enterprise Institute

 

James C. Miller III
Former Director, OMB

 

Jeffrey Miron
Harvard University

 

Ronald L. Moomaw
Oklahoma State University

George R. Neumann
University of Iowa

 

Robert D. Niehaus
Robert D. Niehaus, Inc.

 

Seth Norton
Wheaton College

 

James B. O’Neill
University of Delaware

 

Daniel P. O'Brien
McLean, VA

 

Walton Padelford
Union University

 

Richard A. Palfin
Economic Analysis

 

Randall E. Parker
East Carolina University

 

George G. Pennacchi
University of Illinois at Urbana-Champaign

 

Mark J. Perry
University of Michigan-Flint

 

Tomas J. Philipson
University of Chicago

 

G. Michael Phillips
California State University, Northridge

 

Ivan Pongracic, Jr.
Hillsdale College

 

Rulon Pope
Brigham Young University

 

Barry W. Poulson
University of Colorado at Boulder

 

Edward C. Prescott
Arizona State University

 

R. L. Promboin
University of Maryland University College

 

Richard W. Rahn
Cato Institute

 

David Ransen
H.C. Wainwright & Co. Economics Inc

 

Christine Ries
Georgia Institute of Technology

 

Philip J. Romero
University of Oregon

 

David C. Rose
University of Missouri-St. Louis

 

Larry L. Ross
University of Alaska Anchorage

 

Charles K. Rowley
George Mason University

 

Paul Rubin
Emory University

 

John Ruggiero
University of Dayton

 

John Rutledge
Claremont Graduate University

 

Gary J. Santoni
Ball State University

 

Thomas Saving
Texas A&M University

 

John Seater
North California State University

 

Robert D. Seeley
Wilkes University

 

James Shaw
University of San Francisco

 

George P. Shultz
Hoover Institution

 

Evangelos Otto Simos
University of New Hampshire

 

James F. Smith
EconForecaster, LLC

 

Richard Smith
University of California Riverside

 

Douglas Southgate
Ohio State University

 

Lawrence Southwick
University at Buffalo

 

Derek Stimel
Menlo College

 

Courtenay C. Stone
Ball State University

 

Brian Strow
Western Kentucky University

 

Gerry L. Suchanek
University of Iowa

 

Scott Sumner
Bentley University

 

Richard J. Sweeney
Georgetown University

 

Moshe Syrquin
University of Miami

 

Jason E. Taylor
Central Michigan University

 

John B. Taylor
Stanford University

 

Lester D. Taylor
University of Arizona

 

Clifford F. Thies
Shenandoah University

 

Henry Thompson
Auburn University

 

William H. Thralls
Johnson & Wales University

 

Walter Thurman
North Carolina State University

 

Richard H. Timberlake
University of Georgia

 

David G. Tuerck
Suffolk University

Richard Vedder
Ohio University

 

John Volpe
Catholic University of America

 

Robert Waples
Wake Forest University

 

Steven N. Wiggins
Professor of Economics

 

Wayne Winegarden
Pacific Research Institute

 

Gary Wolfram
Hillsdale College

 

Bill Yang
Georgia Southern University

 

Mokhlis Zaki
Northern Michigan University

 

Joseph Zoric
Franciscan University

 

Benjamin  Zycher
American Enterprise Institute

 

 

 

 

* Institutional affiliations are provided for identification purposes only.