Adam Smith actually said...

"Secretary Panetta, in particular, has been very forceful on explaining how awful sequestration will be."

"The burden, the real burden of this committee, this House, and the Senate, and the President is to get rid of it one way or the other, to make sure that it doesn't happen."

"It was only that sort of blind notion that somehow not raising the debt ceiling was a solution to our fiscal problems that forced us into this awful, awful decision."

"It is, you know, a sort of mindless across-the-board cut in all discretionary spending. So education, transportation, infrastructure, on down the line--it would have a devastating impact."