February 17, 2013

A Note on the Sequester

As much as I loathe the idea of dipping my toe into the cesspool of national politics on this frigid three-day weekend, allow me a quick thought on the looming budget cuts known as the "sequester." As you may recall, the sequester is a series of forced spending cuts written into the Budget Control Act of 2011. Basically, the sequester provision was written in as a failsafe in the event that Congress failed to reach a budget agreement that satisfactorily reduced the deficit by $1.2 trillion over 10 years. Despite the protestations you may hear in the news, it doesn't matter where the idea for the sequester provision originated. In the end, the Republican-led House and the Democrat-led Senate passed the bill, and the president signed it into law. All bear responsibility for the idea.

If there's any blame to be had, you'd be better served focusing on the fiscal irresponsibility of the Democrats for failing to even attempt to pass a budget in over 4 years, which by the way is their Constitutional responsibility. The House continues to write and pass budgets that get ignored by the Senate. We can beat this dead horse all day, but the fact is, the press doesn't care, and the American people enable this behavior by continuing to vote the way they do.

As to the sequester itself, despite the risk it may represent to my own livelihood, I really can't say I'm opposed to it. Our government cannot continue indefinitely spending money it doesn't have. And while I think it disproportionately puts our national interest at risk, given the drastic impact it will have on our defense and military readiness, maybe forcing down some ill-tasting medicine will bring back a measure of seriousness to the critical near and long term fiscal issues facing this nation.

Of course, there are some who will never take it seriously. Consider the comments of former Speaker Nancy Pelosi, speaking in the context of the sequester's impact to congressional pay (emphasis mine):

House Minority Leader Nancy Pelosi (D-Calif.) said Thursday that she opposes a cut in congressional pay because it would diminish the dignity of lawmakers' jobs.

"I don't think we should do it; I think we should respect the work we do," Pelosi told reporters in the Capitol. "I think it's necessary for us to have the dignity of the job that we have rewarded."
Wow. We shouldn't cut congressional pay because it would undermine their dignity. Talk about a sense of entitlement. In my career, I've been very blessed. Yet I have also experienced pay cuts and a layoff. While I certainly remember learning to check my ego through those experiences, I'd like to think I didn't lose my dignity in the process.

Dignity is not found in the title or the position, but rather in the man or woman who fills it. This truth applies no matter what "station" one has, if you choose to consider such.

We have to stop kicking the can down the road. We have to break the cycle. If the sequester is painful, it is only because we chose to ignore our fiscal imbalance for far too long. But we'll get through it. Whether we learn anything from it, however, remains to be seen.

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