Best line of the day:
One senior Republican aide joked that Obama’s hope that constituents will force congressional conservatives to act [in reversing the sequester] is doomed because "our approval rating is already like 8 percent on a good day.... He’s going to drive it down to 6? Big deal."
Also truest line of the day.
Its context is that the White House likely miscalculated in hyping the sequester's almost instant, dire effects (cue Fox News, which "has been running images of placid, uncrowded airports"). And that critique is probably also true.
Yet one might therefore think that any new fiscal policy that deliberately guts 700,000 jobs during a period of high unemployment and 0.5 from a sluggish economy's GDP would require no presidential hype, no slick exaggeration, no political emphasis whatsoever. Regrettably, such a notion appears to be as much of an untruth as the hype was a miscalculation. For a profound indifference to the sequester's extraordinary stupidity seems to have settled across the electorate--which will get worried only when doom descends, and hype is no longer needed.
i work at wal mart where a good chunk of their income comes from EBT and WIC payments. The real pain will come soon enough when the funds for those programs dry up. the Walton family will be crying when their profits start to drop. We've had enough trickle down economics now we may start to see trickle up misery. And i for one, welcome it. why is it that the republicans insist on cutting off the supply of services, while dramatically increasing the demand?
Posted by: AnneJ | March 06, 2013 at 07:37 PM