WSJ: A Major Obama Walk-Back

A Wall Street Journal editorial, probably authored by Paul Gigot, takes a dim view of the Obama administration's sequestration stance. See what is written:

"Just to make the final point about the sequester," said President Obama at his press conference Friday, "we will get through this. This is not going to be an apocalypse, I think, as some people have said." That's a relief, but it is also a major walk-back, since the "some people" who have been predicting apocalypse are the President and senior members of his Administration.

Golly, Barack is going to have to man-up and make the cuts he originally proposed. I predict the world will not grind to a halt.