But policymakers have to put away the meat axe and get smart.
FORBES: The Do-Nothing Fiscal Fix: Recipe for Recession
But taking a meat axe to Medicaid in a frantic attempt to hit a politically-motivated budget target is not the way to do it.
FORBES: Medicaid, The Frail Elderly, And Federal Budget Cuts
President Obama often claims he wants to cut the budget smartly, using a "scalpel" not a meat axe, machete, cleaver or chainsaw, to list a few of his favorite metaphors.
WSJ: Review & Outlook: About That 'Scalpel' . . .
The European Commission in Brussels recently proposed taking a meat-axe to the problem.
ECONOMIST: The Big Four accounting firms
The sequester meat-axe slices muscle along with the fat.
FORBES: A Bad Sequester Is Worlds Better Than No Budget Deal At All
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