Republican Virginia Rep. Randy Forbes has spent the past year trying to stir up opposition to defense cuts. Despite those efforts, fiscal conservatives like Rand Paul "do not understand the repercussions" of the cuts they are making, he says. The numbskulls. Virginia Rep. Eric Cantor has warned that sequestering Pentagon funds would do "incredible damage," "devastate the economy," "threaten nearly a million jobs," and "cause catastrophic damage." Well, fear not. As A. Barton Hinkle reveals, just about everything conservatives have been telling you is wildly overstated.