Sequester's Impact On Defense: More Than Meets The Eye

Law360, New York (September 16, 2013, 12:40 PM EDT) -- Recent news reports seem to imply that sequester isn’t so bad after all. The economy doesn’t appear to be falling off the cliff. Corporate earnings are good, and the market remains on an upward vector. Jobs are being created, and unemployment is falling, though at a tepid pace and as a result of more part-time jobs. The downside to falling unemployment is that total employment remains down, and as a percentage of the workforce it is at a historic low. But pundits generally agree that this...
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