Economy Shrinkage

[longknife]

 

[Morganist]

Yes the economy is retracting. The recent QE has slowed it down.

 

[Decus]

There is a plan to turn this around isn't there? They have been a little slow to publish the plan but we don't need to worry, right? Republicans accepted an increase in the debt ceiling. All is well, right?

 

[kiwiman127]

Yup. Economists are pointing at the fact that consumer spending and investments were up during the last quarter, but that government spending was reduced significantly.
"Real federal government expenditures and investment fell 15 percent in the fourth quarter, compared to a 9.5 percent increase in the third. And national defense spending tumbled 22.2 percent, compared to a 12.9 percent boost in the third quarter. Non-defense spending actually increased 1.4 percent in the fourth quarter."

Read more: In surprise, GDP shrinks by 0.1 percent in fourth quarter - The Hill's On The Money
Follow us: @thehill on Twitter | TheHill on Facebook

This is a taste of austerity, when government spending shrinks and so does the economy. Government spending accounts for about a quarter of our GDP.

 

[EdwardBaiamonte]

This is a taste of austerity, when government spending shrinks and so does the economy. Government spending accounts for about a quarter of our GDP.

of course the liberal will have a low low IQ. He would parrot some liberal drivel and have us believe the mystery is solved. All the libturds have to do is spend our money for us and we can have GDP growth anytime we want with no more worries about liberal depressions and recessions.

See why we are positive a liberal will be slow??

 

[SteadyMercury]

of course the liberal will have a low low IQ.

I dunno man, I submit the dude who can barely manage a post without some pigeonholed attack at nebulous political ideology ranks pretty low on the IQ scale, it signifies a total lack of independent thinking.

 

[Votto]

The economy shrinkage is only due to the cold winter.

 

[kiwiman127]

This is a taste of austerity, when government spending shrinks and so does the economy. Government spending accounts for about a quarter of our GDP.

of course the liberal will have a low low IQ. He would parrot some liberal drivel and have us believe the mystery is solved. All the libturds have to do is spend our money for us and we can have GDP growth anytime we want with no more worries about liberal depressions and recessions.

See why we are positive a liberal will be slow??

Your above post shows your ignorance in regards to economics and what's going on in Europe where austerity has been going on.
I would dare to say that very, very few economists would disagree with my statement.
And in Europe,,,,
U.K. sticks with austerity as economy weakens
U.K. sticks with austerity as economy weakens - Dec. 5, 2012

Austerity? Britain's economy could shrinks toward 'triple dip'
Top News Today | Austerity? Britain's economy could shrinks toward 'triple dip' | Crime

Austerity shrinks the Spanish Economy: Ian Williams
PressTV - Austerity shrinks the Spanish Economy: Ian Williams

Euro Economy to Shrink as Spain, Italy Re-Enter Recession
Euro Economy to Shrink as Spain, Italy Re-Enter Recession - Bloomberg

U.S. economy shrinks after deep spending cuts in defense and domestic programs
U.S. economy shrinks after deep spending cuts in defense and domestic programs - Berkshire Eagle Online

Economy shrinks as federal spending cuts trump private sector’s growth
Economy shrinks as federal spending cuts trump private sector?s growth - Washington Post

Why not save yourself some embarrassment and educate yourself. Read this article:
Austerity in theory and in practice
Fiscal policy: Austerity in theory and in practice | The Economist

 

[EdwardBaiamonte]

Your above post shows your ignorance in regards to economics

then why be so afraid to present your best example for the whole world to see???????????? What does your fear tell you about your IQ and character.


no need to post links dear as we can all post 1000's of links in the internet age!! Are you only figuring that out now?

 

[kiwiman127]

Your above post shows your ignorance in regards to economics

then why be so afraid to present your best example for the whole world to see???????????? What does your fear tell you about your IQ and character.


no need to post links dear as we can all post 1000's of links in the internet age!! Are you only figuring that out now?

EdB your dork. Those links back up everything I have posted about including leading economists analytical overviews.
Where as you post incoherent gibberish. No facts, no case studies, absolutely nothing.
How about you start posting something solid instead of your ignorants rants?

 

[EdwardBaiamonte]

Your above post shows your ignorance in regards to economics

then why be so afraid to present your best example for the whole world to see???????????? What does your fear tell you about your IQ and character.


no need to post links dear as we can all post 1000's of links in the internet age!! Are you only figuring that out now?

EdB your dork. Those links back up everything I have posted about including leading economists analytical overviews.
Where as you post incoherent gibberish. No facts, no case studies, absolutely nothing.
How about you start posting something solid instead of your ignorants rants?

then why be so afraid to present your best example for the whole world to see???????????? What does your fear tell you about your IQ and character.