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Stealth sequester hasn’t hit home

By Robert Reich

SO FAR, the much-dreaded “sequester” — some $85 billion in federal spending cuts between March and September 30 — hasn’t been evident to most Americans.

The dire warnings that had been issued from the White House beforehand — threatening that Social Security checks would be delayed, airport security checks would be clogged and other federal facilities closed — seem to have been overblown.

Sure, March’s employment report was a big disappointment. But it’s hard to see any direct connection between those poor job numbers and the sequester. The government has been shedding jobs for years. Most of the losses in March were from the Postal Service.

Take a closer look,

Tuesday, April 16, 2013 2:26 PM
 

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