One quarter of extraordinary measures

That is the Trump budget, he is doing the hard ball opening bid.

That put's us into Q3, except we have had a substantial, and unexpected drop in income, in the Swamp. We may not make Q3 which scares the Fed.  We have three outcomes here, mild downturn, blue bar optional or severe blue bar or generational swap. The latter becomes more probable as the can continues unadjusted flight. The first option is tax and sequester, take it.  Take Trumps five percent cut and include defense spending.  Keep in mind none of this works without an entitlement swap, planned and expected.  If there is no entitlement swap, the millennials have no reason to vote for any of this stuff.