WT Business Beat

By Nick Wakeman

Blog archive
Nick Wakeman

Sequestration: Just fix it already

We seem to be hurtling toward the fiscal cliff but most experienced commentators are saying a deal will be struck. Disaster will be avoided.

Most predict the Republicans will blink because they fear they will carry the brunt of the blame for failure. But both sides continue to trade rhetorical barbs.

Following the news and listening to the statements and sound bites from our elected officials, I can’t help but think of an old boss of mine.

I was covering FDA for a newsletter company and each year we’d trudge to Capitol Hill for budget and other hearings. This is when the agency was trying to regulate cigarettes as a medical device because they were used to deliver the drug nicotine.

So I spent a lot of time up there and I’d write these stories and I’d include some colorful quote, but my boss would strike it out. It wasn’t long before my boss pulled me aside and told me to stop including those types of quotes and similar information.

“Ninety percent of what they say and do on the Hill is BS,” he said. Well, actually he didn’t say BS. There were a few more expletives thrown in there.

It’s only when they vote on something that they accomplish anything and then you have to waiting for the regulations to be written before you can actually know the impact. I didn't go back to the Hill much after that.

That’s sort of sums up my attitude toward sequestration and the fiscal cliff. Before the election I thought it was important because it was helping people decide who to vote for.

But now, there’s not much mystery to how to fix the problem. Just get on with it. Do something.

No more BS.


Posted by Nick Wakeman on Nov 30, 2012 at 7:24 PM

Reader Comments

Thu, Dec 27, 2012 Lottie Yo, that's what's up turthfully.

Yo, that's what's up turthfully.

Tue, Dec 11, 2012 Jean

Nick - Love the memory lane to your old boss. Can't believe that you are pulling from his wisdom. We never would have thought that at the time....

Mon, Dec 3, 2012

I am flash mob ready on Captial Hill!

Mon, Dec 3, 2012

I agree. Congress should have a sit in for the Christmas break and get some work done!

Mon, Dec 3, 2012 carey

Well said Nick

Show All Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.