Sequester’s Biggest Losers
If one were to believe the media over the last few weeks, Friday’s events would have
had the same effect on the American economy as the Chelyabinsk meteor
had over the Ural mountains in February. The media buildup of the
Sequester deadline led many to believe that the financial markets would
come crashing down.
The truth is, these cuts and furloughs will take place between March 1st and September
30th. So there is time to avert some of what is perceived as the
inevitable. The lack of cooperation within our government is
frustrating, especially with what’s at stake around the world. The
unity of post-911 is but a distant memory.
What made the Sequester much worse was the overwhelming participation of the divided
media. All of the heavyweights came out to give their viewpoints on what
should be done, why they should be done and why the people on the ‘other
side’ don’t care about our elderly, our children’s future, health care,
national defense and whatever other sector of the United States could be
thrown into the mix. “The ‘other side’ is wrong, must hate our country,
but we have fixes and change that will take place in the next election.”
So who’s the real losers? It’s not the politicians, unless of course you’d include
the growing numbers that are tuning out. It’s not the media, as they
continue to increase their ratings and advertising by promoting
provocative viewpoints and well known critics.
It’s the people – the common worker. And during the Sequester they will be hit the
hardest. Not because of the direct effect or whether the cuts are right
or wrong. But because in the long run they will work harder to overcome
the divisions in this country – divisions that don’t bode well for the
American dream. That dream begins with efficiency, planning, execution.
But it’s foundation is communication and simple respect.
Americans deserve better.
Mark Schuster, Partner
March 3, 2013