Mar 5, 2013

Sequestration

The Federal government will go through a number of cutbacks and layoffs as part of Sequestration. Trust the Feds to have a $100 new word for cutbacks.

Click to see some of the impacts of the Federal cutbacks

These cuts are not the end of the world. They are considerably less than what local governments and the private sector have endured over the past 5 years. But it is a poor way to cut back.  Neither the Executive or Legislative branches of the Federal Government have done a good job with these cuts.

And cutting government expenses when our economy is so weak is not good. Hopefully the recovery can shrug this off and get employment back on track again.