IN RESTRSPECT, the idea seems crazy, even juvenile. Why it didn't seem so by the people who implemented it is anybody's guess. Pick a future date, and if you can't cut a budget deal before then, al items spending is cut, drastically, across the board.
The big day of parsinomy was scheduled originally for january first of this year, but was moved to march first, which is now dead ahead. so, here we go again. Oh, the games people play. It would have been just too easy to agree on a budged through reasonable compromise, so, we had to add in the drama.
Or, in the case of this current crop of clownish politicians, compromise would have been too hard. We seem to have forgotten that fine and ancient art. In today's american culture, compromise is defeat, for some insane reason.
It has been alleged that if march first rolls around with no budget agreement in congress, thus triggering the automatic, drastic spending cuts, horrible things will happen. The military won't have the resources to wage war, and the oversight of corporate capitalism by the government on behalf of and for the protection of the citizenry will vanish.
The second consequence looms larger, more immediate. The thought of uninspected food rolling of america's corporate assembly lines is not comforting.
Ironically, this "sequester", what was once called the fiscal cliff, but now has fancier name, is pretty much what this country (U.S.A.) needs, roughly. And if the american economy is so demendant on government spending that it will crash without it, well then...
its just too damned dependant on the government, and probably ought to be allowed to crash and burn, so it can get up, and rebuild itself the right way, like it should have done in the first place, like real capitalism, without using the government as a crutch.
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