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View Diary: Sequester This (3 comments)

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  •  I think you under estimate the impact on bidness (1+ / 0-)
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    NancyWH

    It will be Wall Street that will feel the biggest impact soonest. And that's a good thing, because THEY have the clout to slap some sense into DC.
    Not denying that some programs for us little folk will be hurt, but the aggregate loss of those cuts will total up in the bottom lines of Corporate America and they won't like it.
    And the MIC will be the first in line since they are getting the lion's share of the cuts and because they have never experienced this before.
    Watch Wall Street on Monday.
    If it takes a 2% drop, there will be hell to pay in Congressional offices from one end to the other.
    And that will either be followed by a repeal of the Sequester outright (the good option) or by patchwork cutouts for sacred cows (the not good option).
    The not good option would not be good for We the People, most likely, since poor people and drug abusers don't have much pull, their cows are NOT sacred.
    The good option would have the added benefit of rocking the Obstructionistas back on their heels, a lunge and a miss!

    If I ran this circus, things would be DIFFERENT!

    by CwV on Sun Mar 03, 2013 at 06:42:08 AM PST

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