Showing posts from March, 2013

Sequestration: watching the uninvited change to middle-income earners quality of life?

Sequestering: To set aside or remove; to take temporary possession of as security against claim – Webster English Dictionary

When a Republican bemoans sequestration cuts, you probably assume that his/her party leadership also empathizes with him/her regarding the set aside. It is also likely that you are thinking when this budget set aside going to hit you, your children and or parents. Very few of us ever think law making in American Congress will deteriorate to a level that our lawmakers cannot take the initiative to save the economy from another possible free fall, because of the choice of allowing sequestration cuts. And for those of you who are thinking, no one should be concerned, since this new terminology for austerity, or temporary possession of part of budget allocation, is just another way of slowing down federal government expenditure, I’ll say: think again!

In the past two years, some say throughout President Obama’s stewardship of the White house, Republicans in congress…