The total sequester for this year is $25B, or 2.7% of the federal budget - TWO POINT FREAKING SEVEN percent! Or to put the other way, even with the sequester, federal spending will be 97.3% of what's already planned.
In so far as DoD "doom and glum," The Obama administration is already getting ready for drastic cuts in the name of a new "peace dividend" (a la Bill Clinton's cuts of the 90's). All those DoD civilian workers are gonna lose their jobs either with or without the sequester - no dif.
This is nothing more than NOT giving federal spending a "cost of living raise." Chump change by any standards.
Bring on the sequester this year, next year, and every year until the American people are ready to live within their means.