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Economy Shrinks Due to Military Cuts

mulbery Wrote: Jan 31, 2013 10:27 AM

Now this is really interesting - so military spending is good for the economy, but other spending (like NPR or planned parenthood) that spending is bad for the economy? Only military government spending is real money, the rest is fake, right? really, which way do you guys wants to have it? Cut spending to help the economy, or don't cut spending to help the economy? You have to choose one or the other. There's no hipocrite bigger than a conservative one, is there?

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psydoc Wrote: Jan 31, 2013 5:12 PM

Yep, there are bigger ones, they are called democrat/regressives. Your assertions have been completely discussed and torn to shreds earlier in this thread. Just go read and learn something.

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Economy Shrinks Due to Military Cuts

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...

Related Tags: GDP Economic Growth Budget Cuts sequestration