Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

What austerity?
When has spending gone down?


3 posted on 01/31/2013 6:32:46 AM PST by Kozak (The Republic is dead. I do not owe what we have any loyalty, wealth or sympathy.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Kozak

Notice the article quotes the culprit as “pending” cuts. In other words the economy stalled—if it was in fact previously moving—due to spending that hasn’t been cut yet but might be. Yes, they are that transparent.

I can listen to the argument that “brinksmanship” scares the stock market and pending cuts may frighten investors. Especially ones with skin in the gubmint money game, which is almost all of them. But the notion that possible future cuts have affected growth already? That’s insane.


6 posted on 01/31/2013 6:39:05 AM PST by Tublecane
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson