Lately, the word sequester is the most overused word in the United States. Another example of a catch phrase of the day. Lockbox anyone? WMDs anyone? It's all smoke and mirrors again.
Even worst word, sequestration, sounds like castration. Yes, it's like removing the balls of the economy. Or is it? What jobs will be really affected? Time will tell us.
Right now, my bet is: life will go on and the impact of the budget cuts won't be as dramatic as painted by both Republicans and Democrats. Why? Because all that talk about economy collapsing and huge impact on the markets was just a vessel to our packets to extort more money by another tax. I will leave it at that.
Some articles:
New York Post
Washington Post