In response to:

Economy Shrinks Due to Military Cuts

DevinDenver Wrote: Jan 31, 2013 9:58 AM
Plus, guys, the numbers just do not add up. A 22% decrease in DoD spending that results in a net reduction to GDP of 3% would represent the entire DoD budget. Plus, as you point out above, there really wasn't a decrease in DoD spending. Why aren't economists pointing this out?
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...