Well, it’s Washington Post official: the sequestration wasn’t all that bad after all. In fact, you could classify it as a dud, according to none other than Ezra Klein, a favored pet pundit of many a liberal MSNBC panel.
In a June 30 item at his Wonkblog, Klein concluded that the experts were “mostly wrong” concerning the impact of the cuts. At the same time, conservatives saw from the beginning that the actual amount of cutbacks, which was only $44 billion, would have a de minimis impact on the economy. However, government spending increased over the past year, just at a lower rate of growth than originally planned, so in real terms, there were no real cuts to speak of in real terms.
Read more: http://newsbusters.org/blogs#ixzz2Xq8Fepan