BREAKING NEWS: U.S. economy shrank in 2012 4th qtr - Page 2 - TigerDroppings.com

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lsuroadie
LSU Fan
South LA
Member since Oct 2007
5281 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

augrad00










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hawkster
Member since Aug 2010
4982 posts
 Online 

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


Bush's fault.





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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22023 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

It was due to spending cuts in


What spending cuts?






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wickowick
LSU Fan
Head of Island
Member since Dec 2006
21884 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


In before someone from the left comes in an blames it on the Rs for the handling of the fiscal cliff...





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augrad00
Auburn Fan
Member since Nov 2010
1030 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


2011, your graph doesn't show it. Read the article posted by the OP, large defense cuts in 40 years. The sequestration that's coming up will cut another $1.2trillion. The economy only grows when someone is spending, either the consumer or the government or both.





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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22023 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

Another positive aspect of the report: For all of 2012, the economy expanded 2.2 percent, better than 2011's growth of 1.8 percent.






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tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
4692 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

Another positive aspect of the report: For all of 2012, the economy expanded 2.2 percent, better than 2011's growth of 1.8 percent.



yes, that is a good sign. But the economy has been artificially inflated with the dumping of government cash into the system. but these spending levels are unsustainable. and, i will agree, once you pull the plug on that spending, our now addicted economy with go through withdraws and we will se a retraction in the economy.

Just like the family that rings up massive credit card bills, eventually they cant borrow anymore and their spending is greatly reduced.....

I think its come to the fact that the only way out is to inflate our way out.....






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22023 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

The sequestration that's coming up will cut another $1.2trillion.






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Radiojones
USA Fan
The Twilight Zone
Member since Feb 2007
6192 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


There might be cuts coming (I'll believe it when I see it) but there have been no cuts yet and there sure as hell weren't any cuts that would affect Q4 2012.





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Radiojones
USA Fan
The Twilight Zone
Member since Feb 2007
6192 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


False, I want nothing more than for the U.S. to have a strong economy regardless of who the president is. Nothing would make me happier than to see our country prospering again.





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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

I'm so tired of reliving the 70s...



You're only off by four decades.






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TigerFanatic99
LSU Fan
Elkhart, IN
Member since Jan 2007
2231 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


LINK

quote:

The contraction was due to cuts in federal spending, primarily on defense. Defense spending contracted at a 22% annual rate.


Isn't this what you mother frickers wanted? fricking democrats think they are just the smartest sons of bitches in the world.






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Radiojones
USA Fan
The Twilight Zone
Member since Feb 2007
6192 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


I think you know what I meant by that statement. I'm tired of a terribly sluggish economy, high unemployment and an overall malaise over this country. How long are we going to accept a poor economy?





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GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
23739 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


Here is today's GDP print broken down by component:







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ForeLSU
LSU Fan
The Corner of Sanity and Madness
Member since Sep 2003
33530 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

hmmm I thought some Progressive on here a few days ago was crowing about the economy coming back to life?


powerman should be along shortly to call everyone fricking idiots






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hawkster
Member since Aug 2010
4982 posts
 Online 

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

The contraction was due to cuts in federal spending, primarily on defense. Defense spending contracted at a 22% annual rate.


Isn't this what you mother frickers wanted? fricking democrats think they are just the smartest sons of bitches in the world.


Liberals don't want actual spending cuts, they just want it taken from defense and spent on socialist programs instead.






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jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
26628 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:


powerman should be along shortly to call everyone fricking idiots


i was soooooooooooo about to post this






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
15675 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

Liberals don't want actual spending cuts, they just want it taken from defense and spent on socialist programs instead.


This is a fact.






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redandright
Member since Jun 2011
2648 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


quote:

But the housing market in the Washington, D.C. area is growing. All is well.


I know I know! That's what happens when you have a big jump in Fed hirings!!! Who would have thunk it?






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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr


I am beginning to believe that we never will rise off the boxing ring floor. The President and others in positions of power seem to be hunky dory with idea of a stagnant economy which is producing a new class of dependents of govt largesse. Take a look at the numbers of potential jobs a la the Keystone pipeline that have been decapitated by the actions of the EPA. Thousands of jobs are being eliminated by new regulations on coal emmissions. Take a the facts in the thread about doing taxes from last night. The "poor" of America are making out like bandits to say the least.





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