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Economy Shrinks Due to Military Cuts

Steve18 Wrote: Jan 30, 2013 12:32 PM
Wait until the soldiers, Marines and sailors hitr the civilian life from being RAD'ed..They will be unemployed, and that promise "you will have your old job back" will be moot, because the employer is no longer in business. And the 51% kept him in offfice for another 4. Unless something happens in the meantime, like an impeachment process...
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...