. >> c chris salgardo fascinating to myou. thank you for joining us. stay tuned, we will be back with the round table right after this. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> most of the media has been focused on the presidential cacampaign this wee members of congress and many in the investment community are focusing on an issue whout a a sexy name but thatacks a major puncnch, sequestration. it willl go into effect in jajanuar unless lmakers come up with another solution to the budget on capitol hill. budget cuts are expected to hit hard here. >> we feel we will be unable to provide the equipment support needed by our mililitary force and we are unable to reliaiably estimate how many employees are going to lose their jobs and how ny families are going to be disrupupted. it might be flattering to believe that our industry is so robust and durable that it could absorb the impact of sequestration w without breaking striride, but that is a fiction. >> we will use those wordsrom robertrt stevens as a staing point. our roundtable today peter morici ecoconomi professor the