The government cutback in spending is of course going to result in jobloss across the board for various contractors and government employees, but the employees were suppost to be notified the day before the election with a pinkslip, that come Jan 1st they will probably be unemployed, but what did Obama do? he told employers not to give out the pink slips, and that if sequestration were to carry out he would pay the settlements in lawsuits expected to come.