We are looking at it all wrong. The sequester hurts only one group of people. The middle class. The money that will not be spent because of cuts which will put middle class people out of work will be given to the poor and also to political donors for both Obama and the establishment.
In other words, the rich will get richer, the poor will get poorer and the middle class will pay for it.
When are we going to wake up?
Why do you think this will happen? You think 1.2 T will be reinstated?