NEP’s William Black appears on Daily Ticker with Henry Blodget. With two days to go before “sequestration” chops an indiscriminate $85 billion out of Federal government spending, the blame game has reached a fever pitch. Bill explains it is dumb economics and some of the short term impacts of the sequester.
You can view the episode at this link. (Sorry no embedding Yahoo videos)
[Yahoo was having technical difficulty - if video is not Henry and Bill, click image of House of Representatives to immediate right of Richard Branson beneath video.]