In Meltdown, CNBC's Santelli Dismisses Huge Potential Job Losses Due To Spending Cuts Asked About Potential Job Losses Due To Sequestration, Santelli Yells “Why Is That So Important?” Written by Media Matters Staff Published 05/01/13 10:50 AM EDT From the May 1 edition of CNBC's Squawk Box: Video file Previously: Fox GDP Segment Hides How Decreased Government Spending Hurts Economic Growth Fox Accuses Obama Of Ploy To “Maximize” Sequestration Pain Ignoring Economists, Fox Brushes Aside Sequestration's Impact On Labor Market
