Yea, the sequester was the bargain that the GOP demanded to approve the debt ceiling in 2011. This is also a "new" from the GOP that's never happened to republican presidents - approve the debt ceiling. They set up this blackmail to cut expenses, and they are going to destroy our economy - or more likely almost 60,000 lives who will lose their jobs or their hours cut.
The consequence of all this is that the stock market doesn't like this, and it's been reflected in the markets the past couple of days, and it's bound to get worse as March 1st approaches with no deal - with the GOP demanding "no new taxes."
This is almost humorous if it wasn't so stupid! By this blackmail, the rich they're trying to protect from a 3% increase in their taxes will end up losing billions in market value of their investments.
I wonder if they have spoken up yet, or are they waiting for the sequster to take place?
They're all masochists. They want all Americans to suffer.