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Another stellar performance for Team O. After the worst recovery on record we are now teetering on the brink of recession.
GDP contracts on tepid inventories, government spending drop - Yahoo! News
Obama is looking to start a War in Africa:Lemme guess......we need...... another WAR.....Right?Another stellar performance for Team O. After the worst recovery on record we are now teetering on the brink of recession.
GDP contracts on tepid inventories, government spending drop - Yahoo! News
Another stellar performance for Team O. After the worst recovery on record we are now teetering on the brink of recession.
GDP contracts on tepid inventories, government spending drop - Yahoo! News
Still, the weakness may be because of one-time factors. Government spending cuts and slower inventory growth subtracted a total of 2.6 percentage points from growth.
This is basically the result of austerity.
We have a consumer based economy and the government is the biggest consumer.
I don't really see what the problem is for conservatives.
This is the RESULT they want.
That's not a recession by definition. It takes 2 consecutive negative quarters.
government spending drop
Color me shocked! It is going to be a miserable 4 years until we get an actual president. Of course, it's still Bush's fault.
US economy shrinks a surprise 0.1% in fourth quarter
The US economy unexpectedly shrank at an annualised rate of 0.1% in the fourth quarter of 2012, initial official estimates indicate.
If confirmed, it would be the first contraction logged by the US economy since the 2009 global recession.
BBC News - US economy shrinks a surprise 0.1% in fourth quarter
Any conservative who knows economics at all knows that there will be initial contractions in economic growth with austerity while we wait for the private sector to fill the voids.Still, the weakness may be because of one-time factors. Government spending cuts and slower inventory growth subtracted a total of 2.6 percentage points from growth.
This is basically the result of austerity.
We have a consumer based economy and the government is the biggest consumer.
I don't really see what the problem is for conservatives.
This is the RESULT they want.
Any conservative who knows economics at all knows that there will be initial contractions in economic growth with austerity while we wait for the private sector to fill the voids.Still, the weakness may be because of one-time factors. Government spending cuts and slower inventory growth subtracted a total of 2.6 percentage points from growth.
This is basically the result of austerity.
We have a consumer based economy and the government is the biggest consumer.
I don't really see what the problem is for conservatives.
This is the RESULT they want.
There's not a single solution available from either side that isn't going to include some pain.
Still, the weakness may be because of one-time factors. Government spending cuts and slower inventory growth subtracted a total of 2.6 percentage points from growth.
This is basically the result of austerity.
We have a consumer based economy and the government is the biggest consumer.
I don't really see what the problem is for conservatives.
This is the RESULT they want.