by Matthew Boesler @ Q3 GDP Government Spending - Business Insider http://static4.businessinsider.com/image/508a8c7becad04b937000014-400-/uss-eisenhower.jpg USS Eisenhower Today's Q3 GDP release beat expectations the economy grew 2.0 percent in the third quarter, according to this first reading, while economists expected a 1.8 percent gain. The main reason the report cited for the acceleration in Q3 GDP growth from Q2's 1.3 percent rate was "an upturn in federal government spending," which was a positive contribution to GDP since the third quarter of 2010. And the primary driver of the spending increase came from investments in national defense. In fact, defense spending amounted to 0.64 percentage points of the 2.0 percent rise in GDP or 32 percent of the economic growth in the third quarter (click to enlarge): GDP defense spending So, if you stripped out defense spending, the economy grew closer to a 1.36 percent rate in Q3, closer to Q2's final estimate of 1.3 percent. Much more @ link Another example of the administration's desperate atempt to hide the truth from the American people.