June 02, 2013
Last year the Washington Post was anxious to highlight claims from the military industry that the military side of the sequester would have severe economic consequences especially in the DC area (e.g. here and here). Thus far it doesn’t seem to have worked out that way. Industry groups tend to exaggerate the general impact of policies that will hurt them directly. Unfortunately the Post apparently is not aware of this fact, at least when it comes to defense related industries.
Addendum:
The Post did run its own piece making this point last week.
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