Over the last
week, the US Congress has done nothing to impede the – so much feared and
talked about- looming idea of sequestration from being activated.
For a few
months it had been seen as more of a lack of understanding between the two main
parties around what recipe to use, than as a real option to be considered.
So far,
every fiscal skirmish between Democrats and Republicans has been moderated with
a reprieve, but now, after the decision has been reached, any logical solution seems
to have run aground.
The idea of
the sequestration stems from the dire need to reign public spending. It was
born as a panic button to be pressed preceding a situation during which the likelihood
of politicians being unable to get their acts together was great, and hence, returning
them to the right track.
However,
today, the feeling reigns that, having
had to resort to such an extreme solution demonstrates a failure of
democracy in itself.
The
collateral effects may be daunting and devastating for the economy. There are
lots of places utterly reliant on public spending. Not to mention what the
consequences might be for primary public services, such as health care, education
or defense.
The world
could witness an upheaval between social classes, leading to the middle
class being wiped out in favor of two polarized kinds: the very poor and the very
rich.
There were people thinking that the last election could bring something
interesting to the table, but voters plumped for the status quo, leaving the
problem as it was. Anyway, the idea of any party ending up with unfettered
power was a bit naïve.
Even after
the inconclusive result, there was a failsafe to dodge the sequestration: the red tape surrounding it. But it was not a
decisive hurdle either.
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