In response to:

Economy Shrinks Due to Military Cuts

clarityseeker2 Wrote: Jan 30, 2013 1:01 PM
"minutia" On a nearby thread, Progressives were heard to say what is important to focus on...
A release from the Bureau of Economic Analysis today surprised analysts when the top-line number showed that the economy shrunk in the last quarter of 2013 by a slight 0.1%. While small, it was unexpected. This marks the first time the American economy has shrunk since the end of the 2008 recession.

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 0.1 percent in the fourth quarter of 2012 (that is, from the third quarter to the...