Greenspan: Sequester cuts will not be horrendous for the economy

[politicallefty]

Getting 1.1 trillion in cuts without doing that is close to impossible.

I wouldn't say it's quite that impossible. Assuming that is $1.1 trillion over ten years, I think those cuts can easily be extracted from the defense budget without compromising national security. (That's not to say I don't think Medicare needs some modifications to ensure solvency, but Social Security does not have the same problems.)

And, as I said before, I can live with the sequester considering the alternatives.