Unless the folks in DC act soon, then on March 1, 2013 a new
round of government spending costs will take place. (aka The
Right now the Republicans are saying they won't act until the
Democrats put forward a new spending reduction plan that gets us
on the way to a balanced budget 10 years from now.
The President and his fellow Democrats show no signs of
putting that kind of plan together. Instead, the President is
just doing speeches about how the sequester will be bad for the
economy and employment. He hopes this will get the Republicans to
the negotiating table...or at least agree to postpone the
Please share your views on the following:
1) Will the sequester spending costs go through on March
2) If no to #1, then what will happen in its place? (New plan.
Kick the can down the road. etc)
3) If yes to #1, then what happens after that?
4) And whichever path you predict will happen, what will be
the effect on the economy and stock market?
Share your views in the comments section below.
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