The federal government began sequester in March amid great social concern and uneasiness.

According to it, 85 billion dollars of the budget will be cut in the present fiscal year which ends in September and a total of 1.2 trillion dollars will be slashed in 10 years to come.

The introduction of the sequester indicates that the economic crisis has become so serious in the U.S. that it is hard to tide over.

A drastic cut in spending for all fields including government organs, national defense and economy has thrown American society into a pandemonium.

President Obama deplored that sequester would deprive many Americans of jobs and push the economy to depression again.

An international credit company hinted that sequester might force the federal government to close.

It is unanimous public outcry that the U.S. ruling quarters hell-bent on moves for wars of aggression are chiefly to blame for driving the country into bankruptcy, not content with causing an economic crisis.

According to information made public a decade since the U.S. invasion of Iraq, its ruling quarters spent at least 2 trillion dollars for the Iraqi war.

Besides this, a total of 3.7 trillion dollars was spent by the U.S. for "anti-terror war" in Afghanistan, Pakistan, etc.

The U.S. is obliged to pay a stupendous amount of debt as it issued a ridiculous amount of national bonds every year. It is saddled with more than 16 trillion dollars of national debt, becoming the world's biggest debtor nation.

A stopgap measure taken by the U.S. Administration to weather the crisis is to impose more taxes on the citizens and massively fire workers.

Consequently, one of every three families of paid workers is under the poverty line and streets are crowded with 12.5 million unemployed.

They shouted such slogans as "Job, not war", "Toiling people are tired of paying for crisis" and "No war against toiling people."

Shouts of these slogans heard from Wall Street demos across the U.S. are an eruption of their resentment against the reactionary ruling quarters keen for world domination, far from taking any measures for the guarantee of elementary right to existence.

The U.S. should have rolled back its policy of war of aggression and taken measures to settle its serious economic issue and the issue of people's living.

However, the U.S. warmongers are still getting frantic with their moves to provoke a new war, seized with their anachronistic ambition for world domination.

Those who are fond of playing with fire are bound to perish therein.

The U.S. should clearly understand that its persistent reckless war policy would precipitate its own destruction.