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Sequester: Sound and Fury; Signifying Nothing

jwarrior Wrote: Feb 25, 2013 12:15 PM
40 years of darkness, earthquakes, volcanoes, the dead rising from the graves.

With the March 1st deadline for the sequester looming, the chorus of politicians and pundits decrying its passage in apocalyptic terms has reached a fevered pitch. These are the same political leaders who in the summer of 2011 agreed to implement these cuts if a broader spending deal could not be reached. The negotiations carried out by the Super Committee collapsed and the sequester agreement was passed and signed into law.

For months, the Administration promised the sequester would be turned off with a deal to offset the automatic across-the-board spending cuts. The President even went so far as to...