“Silver Lining” of Sequestration? "...our analysis indicated that even a small 5% reduction in the regulatory budget will result in about $75 billion in expanded private-sector GDP each year. While the reduction in spending will reduce government employment by about 12,000 jobs, the economy is predicted to see an increase in employment of 1.2 million jobs annually."
President Obama: “We tried our plan and it worked.” Vs. AP Headline this morning: “US economic growth slowed to 1.5 pct. rate in Q2” http://wtop.com/628/2885164/US-economic-growth-slowed-to-15-pct-rate-in-Q2