I will have more on the sequester subsequently. But, for the moment, the appropriate stance seems to be - a curse on both your houses! Speaker Boehner is hemmed in by his own caucus which seems not to understand basic economics. President Obama, understandably frustrated that his re-election is not providing more ease of decision, is hemmed in by - by what? The fact that the sequester was not avoided demonstrates an inexplicable lack of presidential leadership. He should have had the congressional leaders over for breakfast meetings every day until they solved this thing.