Debt with a return

In general, I’m not so quick on the political uptake. I never feel like I have the “full” story, but I feel like I should, as a good poverty and policy blogger, talk about the looming sequestration, due to go into effect on Friday.

Nothing about this is pretty or kind.  If it goes into effect, it will be painful.  If it doesn’t, there will be posturing and under-the-table decisions that are painful.