Deficits does not Matter,

Massive Conservative  Deficit Spending is Back

This morning I understand House Speaker Paul Ryan and Majority leader in the Senate Mitch McConnell while sabotaging and slowing down the economy under President Barack Obama claiming the deficit at $19 Trillion Dollars was a burden to future generations suddenly does not believe that anymore. 

Both honourable men Paul Ryan and Mitch McConnell like all republican administration do have decided DEFICITS does not matter now that a Republican is in the White House. The House and Senate leadership have decided to Add SEVEN TRILLION DOLLARS TO THE NATION'S DEFICIT by way of infrastructure spending and TAX CUT FOR THE RICH AND CORPORATIONS under the Donald Trump administration. 

Under this plan there the only mention of the MIDDLE CLASS is they have proposed that the mortgage interest deductions that home owners now get when you file taxes will go away in other words TAXES will be INCREASED on the middle class. By year 2020 our budget deficit based on the early projections will be at $31TRILLION DOLLARS.

The good news is today 11/12/2016 every American who want a Job can have one despite Republican Obstruction on the Obama Administration the Job Market is the tightest it has been since the Bill Clinton Administration.

Donald Trump is taking over an economy that has produced almost 16 Million Jobs in the past 8years and could have been 20 million Jobs if Republicans did not obstruct the outgoing administration. Wall street is at its best ever on record despite Republicans claiming being strangled by regulations, those on wall street privately welcome the the tighter monetary policy that brought some discipline to the market. 

Sequestration and the US Congress

Definition,

a) Sequestration (law), the seizure of property for creditors or the state,

Senator John McCain calls for repeal

b)Jury sequestration, the isolation of a jury,
c) Bankruptcy, in Scottish law,
d) Sequestration US Congress,

e) A congressional inflicted wound of Austerity forced by congressional Republicans  to the US economic recovery in December 2012 resulting in loss of Private and Public sector Jobs, reduction in Government services slowing economic growth by an estimated 1-1 1/2 percent in 2013.  

The Budget Control Act of 2011 (Pub.L. 112–25, S. 365, 125 Stat. 240, enacted August 2, 2011) is a federal statute in the United States that was signed into law by President Barack Obama on August 2, 2011. The Act brought conclusion to the 2011 United States debt-ceiling crisis, which had threatened to lead the United States into sovereign default on or about August 3, 2011.

Complex mechanisms,

The law involves the introduction of several complex mechanisms, such as creation of the Congressional Joint Select Committee on Deficit Reduction (sometimes called the "super committee"),[1] options for a balanced budget amendment and automatic budget sequestration.

Definitions a, b and c are easily understood and familiar to most of us who pay any attention to the world around us. Our congress borrowed sequestration to avert a crisis in 2011 with the consequences of sequestration so severe neither Republicans or democrats would allow those reality to impact our country, in other words what we are doing is so bad we cannot allow this to take effect.