Covered at Reason 24/7: Sequestration Fearmongering Failing
The "Administration That Cried Wolf" is now reaping the consequences. As the sequestration drags on, more and more Americans are wondering what the big deal was about the cuts.
Via Greg Sargent at The Washington Post:
A new McClatchy-Marist poll finds that the percentage of Americans who don't believe the sequester cuts are hurting the economy has actually jumped 13 points over the last month, while the percentage who think they are damaging the economy is going down:
When it comes to the impact of the automatic spending cuts on the economy, 40 percent of adults nationally say they have had no effect on the economy. 36 percent believe they have had a negative impact while 14 percent say the sequester cuts have had a positive one. 10 percent are unsure.
There has been an increase in the proportion of Americans who think these across-the-board spending cuts have had little impact on the nation's economy.
That wasn't what the president was hoping to hear.
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