Thanks to Both Congress and the Executive, the Sequester Now Reigns

from the Washington Post:

The Washington Post
As red ink recedes, pressure fades for budget deal
After four years of trillion-dollar deficits, the red ink is receding rapidly in Washington, easing pressure on policymakers but shattering hopes for a summertime budget deal.Federal tax revenue is up and spending is down thanks to an improving economy, tax increases that took effect in January and the automatic budget cuts known as the sequester.

The net effect will be that the system will stabilize with all of the idiocy of the across-the-board, meat-ax approach that the sequester creates (except, of course,  for the air traffic controllers and some meat inspectors).

Increasingly, governance in the USA looks like the design of the worst possible compromise.

About Bruce

Work for sustainable development of small islands; ex-Peace Corps (Volunteer and staff) in LA & Caribbean; cruised Caribbean on S/Y Meander for three years; like small tropical islands, French canals, Umbria, Tasmania, and NZ. Married 52 years. President of Island Resources Foundation.
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