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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMy husband's rethuglican company PROMISED sequestration will happen
Ah, the lovely people who bought out my husband's company three years ago. The company is in Massachusetts but they refuse to aknowledge same sex couples for insurance purposes. I dont know how they get around that, but its in their personel policy. Right before the election they sent out a letter saying that if the president was re-elected the company would not be able to offer medical insurance by 2016 and TODAY they called a meeting and PROMISED that sequestration would DEFINATELY happen and that there would be severe cuts to military spending that they were obligated to make the employees "aware of". My husband's company makes optics for medical, commercial and military.
Just the latest in the veiled threats
ProgressiveProfessor
(22,144 posts)Some focus on tax rates. However, IMO the budget cuts are going to be much more devastating and front page news. IMO, the Federal government will do to the states, what California state government did to the local agencies in the last few years. Its not going to be pretty and no one is going to like it.
Military purchases will plummet and then slowly rebound once it is figured out how deep the cuts will be is what I expect.
Not backing the company, but it is pretty well what is going to happen at this point.
Swede Atlanta
(3,596 posts)but the President and the Democrats need to be prepared with a 24 x 7 "information" campaign lest the likes of Rove and his well-heeled backers get the upper hand.
Sequestration was what was demanded by the House GOP as part of the debt ceiling calamity last year. I don't believe the GOP actually believed that the "super committee" would be able to come up with a viable plan that could pass Congress and the President. But it was their threat tactic.
Now sequestration is potentially upon us. I say, good. Let it happen and then the President and Democrats need to educate the people this was the GOP's plan. Neither the Democrats nor the President proposed this "solution". It was crammed down their throats by the teabaggers in the House.
Further I don't want Obama to do any "deal" prior to the next Congress. Sure there will be a few weeks of uncertainty, higher SS taxes, etc. and the immediate triggering of mandatory cuts but those will be resolved. He should NOT attempt to do a deal with the current House.
With the new Congress some of the worst tea baggers will be gone...the likes of West (FL), Wilson (IL), etc.