By Hans Nichols & Mike Dorning, BLOOMBERG
President Barack Obama has stopped worrying and learned to live with sequestration.
Gone are the cold February predictions of mass layoffs, family upheaval and the prospect of a new recession because of the automatic, across-the-board spending cuts. Cabinet secretaries no longer visit the White House briefing room to offer dire forecasts about teacher firings or unsecured borders.
With the economy growing, unemployment falling, Republicans unmoved in resisting tax increases and little sign of the public backlash the White House expected, Obama is adjusting to the spending curbs he once derided as “just dumb.” Attacks on sequestration have receded as a major theme of his speeches.