Dr. Akande: Effects Of Sequester

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(KTVI) - Those sequestration spending cuts began almost a week ago.   Despite Washington's prediction it would cost 750,000 jobs, the sky hasn't fallen, at least, not yet.  In fact, investors pushed the Dow Jones to its first all-time high since 2007.

Dr. Benjamin Akande, dean of Webster University’s George Herbert Walker School of Business, discusses his take on what's going on.