Waters: Sequestration Cuts Will Cause the Loss of 170 Million Jobs

What a braniac this Maxine Waters is.  She has absolutely no clue of what will happen when the sequestration cuts hit, but yet her diarrhea of the mouth has spewed forth once again claiming that the sequestration will cause the loss of 170 million-that's million with an "m" in America.
That's 170 million out of...140 million?
Ah, the intelligentsia of the left.