BREAKING NEWS: U.S. economy shrank in 2012 4th qtr | Page 5 | TigerDroppings.com
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jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
27743 posts

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

That swoosh sound you heard was my point whizzing by your ear, brother


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90proofprofessional
LSU Fan
Member since Mar 2004
11153 posts

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


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Roaad
LSU Fan
Lunch Wagon
Member since Aug 2006
54170 posts

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

It was due to spending cuts


What fricking spending cuts occurred in Q4 of 2012?


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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
24841 posts
Online

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

You guys have your spending cuts. Where the frick is the growth?


You guys had 4 years of stimulus spending. Where the frick is the growth?
This post was edited on 1/31 at 12:54 am


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Kickadawgitfeelsgood
Lafayette LA
Member since Nov 2005
8614 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.


If you consider infrastructure a "socialist program", then yes.
It's clearly wanted we wanted all along. Unfortunately, Republicans would rather watch our country crumble from within.

Off to work on my shitty highway!
Glad to see Iraq has new highways tho :)


ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
7503 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr
Solyndra will build you a road to drive down


Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
19015 posts
Online

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

Solyndra will build you a road to drive down


They didn't build that.


No really they didn't build anything.


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Roaad
LSU Fan
Lunch Wagon
Member since Aug 2006
54170 posts

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

If you consider infrastructure a "socialist program", then yes
Entitlement programs are part of "infrastructure now?



RCDfan1950
LSU Fan
United States
Member since Feb 2007
12861 posts

re: BREAKING NEWS: U.S. economy shrank in 2012 4th qtr
I'd be willing to bet that just like Van Jone's 'Green jobs' initiative...'infrastructure' jobs will be manned by government-mandated UNION LABOR. Hell, by the time they finish the end of the bridge...the start end will be decayed.

What-a-farce! Smoke and mirrors to push the Authoritarian Socialists State! No matter. Collapse...herding cats...reboot!



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UncleFestersLegs
Columbia MD
Member since Nov 2010
1837 posts

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

The economy only grows when someone is spending, either the consumer or the government or bo

Increased consumption is an effect of economic growth not the cause of it.

$16T in debt and you frickers still haven't figured it out. It's like watching a horde of monkeys on the bridge punching all the blinky lights. You know eventually one will hit the self-destruct button.


GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
28641 posts

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

$16T in debt and you frickers still haven't figured it out.


Well you have to explain it then. Never mind, I'll spell it out.

When you have higher liabilities (debt) you have less to spend on consumer goods. And since consumer spending is by far the largest component of GDP, economic growth as measured by GDP is impacted negatively.


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