WT Business Beat

By Nick Wakeman

Blog archive
Nick Wakeman

Sequestration: A national embarrassment

Great national tragedies and crises often inspire great art and music. We’ve seen memorials built, sculptures created and anthems written.

The World War II and Vietnam War memorials on the National Mall in Washington are great examples. They evoke the pain and suffering and the great achievements of the human spirit.

The new building rising at ground zero in New York similarly is evocative of sacrifice and national resolve. The Sept. 11 terrorist attacks inspired Bruce Springsteen's pained, but still uplifting song, Rise Up.

My personal favorite is John Lee Hooker’s The Motor City is Burning, which he wrote after the 1967 riots in Detroit. You can feel his pain.

All of this brings me to our latest national tragedy: Sequestration.

What song would Springsteen write about this one? An update of Grandma Got Run Over by a Reindeer?

Perhaps we’ll commission the first two Little Pigs to build a monument out of sticks and straw.

I wish I had some great insight or prediction. I don’t. It looks like attention has turned to passing some sort of budget by March 27 that will satisfy sequestrations requirement of $85 billion in cuts for this fiscal year.

If we are very lucky, as in win-the-lottery lucky, a budget framework will get passed that will give us a way forward with some predictability and clarity.

Perhaps sequestration happening is for the best. Maybe we’ll get to put it behind us and move forward. Maybe it’ll just increase the partisanship and gridlock.

Don't get me started on Congress leaving town for the weekend. I guess it is easier to lay blame somewhere else when you are on your home turf, and not where you are supposed to be getting some work done.

We could see a repeat with the March 27 deadline because Congress is scheduled to go on its spring break on March 22.

I don't know. It's Friday and I'm fighting a cold, so maybe I'm just a curmudgeon today. Either way, I do know this is a national embarrassment.

Posted by Nick Wakeman on Mar 01, 2013 at 9:49 AM

Reader Comments

Tue, Mar 5, 2013

The author of this article labeled it correctly that this is a national embarrassment but he refused to lay the blame at the correct feet. This President has decided that it is more important to destroy the Republican Party than solve our nations problems. How about he start governing and leading instead of continuing to only campaign. It's high time he "man up" and own a solution instead of only sniping at what others have the courage to offer.

Mon, Mar 4, 2013 Tired of Ignorance

Some of you need to wake up and smell the bacon - the budget process involves the Senate and House and the President. Congress gave the President what he wanted in December - tax hikes and no spending cuts. Now, Congress wants spending cuts and little tax hikes. Our egotistical President does not understand compromise. The man is still on the campaign trail - more lip service. Maybe Americans will wake up and quit believing all the liberal medias hype on how bad congress is - what about the President? The guy has taken more vacations in one year than Congress has in two. Sad day in America when he was elected and re-elected based on the false reports and bias from the media. The sooner he goes, the better.

Mon, Mar 4, 2013

Amend the constitution and reduce the number of members in congress

Mon, Mar 4, 2013 Mike Vienna

Why no mention of the President's two vacations already in 2013 - one happened just days ago. Why not mention the lack of Senate passing budget for FOUR YEARS. The Executive Branch and Senate believe we do not need budgets. Thus the state of chaos we are in. The House is part of problem as well but reference to leaving town when other stakeholders do the same is not the total story.

Mon, Mar 4, 2013

The Clowns will be back this week to entertain the nation with their stupid antics. Too bad it is so serious the damage they do to the country. Start a smaller government with fewer members of Congress reduce their numbers by 50% and see how much better off we will be.

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.

WT Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.