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Re: U.S. Economy Unexpectedly Contracted in Fourth Quarter 

By: ribit in FFFT | Recommend this post (1)
Thu, 31 Jan 13 5:47 AM | 92 view(s)
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Msg. 49722 of 65535
(This msg. is a reply to 49713 by oldCADuser)

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just that public sector spending dropped nearly 7%.

...that didn't happen. Public spending increased because of the Sandy Rainstorm Relief thingy. Not saying they shouldn't have helped them folks. Just pointing out the obvious. Public spending did not decrease. Besides, the grand total of all proposed cuts is less than 1 percent. I hardly believe they accidently cut spending by 7 percent. It's just not possible or believable.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Re: U.S. Economy Unexpectedly Contracted in Fourth Quarter
By: oldCADuser
in FFFT
Thu, 31 Jan 13 3:00 AM
Msg. 49713 of 65535

The reports I heard stated that the private sector GREW over 3%, just that public sector spending dropped nearly 7%. So much for cutting the deficit helping the economy, EH?


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