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OBAMA: The Sequester Is A "Pretty Bad Name," But Its Effects Are Going To Be Even Worse

OBAMA: The Sequester Is A "Pretty Bad Name," But Its Effects Are Going To Be Even Worse

Brett LoGiurato | 10 minutes ago

CNN
President Barack Obama gave a stark warning to a shipyard crowd in Newport News, Va., telling them that the coming cuts known as the sequester are a "dumb way to do things."

"This work, along with hundreds of thousands of jobs, are currently in jeopardy because of politics in Washington," Obama said.

Read more: http://www.businessinsider.com/obama-sequester-speech-virgin...