Sequestration - good, bad, or indifferent?

[CRedskinsRule]

And this thread is why I overall support sequestration and any other mandatory reductions that don't listen to every grievance. Just in this thread we can see a lobby for the military, the people making the most, and those who support the poor. We can't even come together and accept the simple fact that our government is way overspending in every area, and instead throw out graphs, articles and "national pride" to plead the case for whichever group you support.

In fact, I would say sequestration didn't go far enough, and that we ought to mandate 3% baseline cuts and 3% tax increases across the board, every year until either:
a) legislatively binding financial plans are developed that bring the budget at or near balance and a fund for debt repayment is established

or

b) an amendment to the constitution is passed that mandates fiscal sanity (however that would be worded). It ought to be easy enough for the population of 2/3rds of the states to push for a straight forward amendment which says that unfettered debt is dangerous to our national health, and therefore, the Constitution is amended to require that the national debt can never exceed x% (i am sure there is a healthy percentage of debt).