I think that there are no pros. Both parties signed off on it, a president signed it, and nobody is in a position to blame anybody but themselves.
Cons; many government employees are going to lose 20% of their pay (1 day's pay per week and it doesn't effect the law makers pay), services will be cut, longer lines at government offices, funding to schools and law enforcement and some medical facilities will be cut.
Pros; the American public can't blame either side because they are both at fault.
Cons: It makes automatic cuts for programs that shouldn't be cut. It's a meat cleaver approach that doesn't discriminate between good and bad.
Pros: Even at $85 billion, it represents only 2.2% of our budget and LORD knows, we have more fat in the budget than that. If anything, it's only a start to the cuts we need to make. It just need to be done in a more sensible, reasonable fashion and go after budgets that truly need cutting. BTW...did you know that the Pentagon has programs that they want to cut and Congress won't let them? Go figure.
The whole premise of the sequester, that overall govt spending should be cut, is wrong. Spending should be increased, since the private sector still is not investing enough to bring down unemployment (and the US can borrow at an inflation adjusted interest rate of zero). So another con of the sequester is that it takes money out of the economy when it needs it most.
The government doesn't create wealth. We the people do that. And we could start doing it again if the govt gets out of our way. Stop feeding the government!
But I shouldn't pick on farmers alone. Banks got bailed out bc they were too big to fail. That probably was necessary to prevent an economic disaster, but where are the laws to break them up so we don't have to bail them out again?
It actually doesn't cut anything it just shifts some funds around
Its a joke cutting 2% of spending with a 20% increase
It is what it is, and what it is ain't good.