With America worried about GOP crazy

[NJMaverick]

was it any wonder our economy shrunk? For nearly all of the 4th quarter all we heard about was the fiscal cliff and the wild eyed rantings of House Republicans. Is it really shocking to have that sort of uncertainly hurt our economy?

[azmouse]

People were afraid to spend money or change jobs if the country was going down the drain again. Damn Republicans. It's exactly what they want, a bad economy to blame on the black man in the White House.

[Velleity]

(01-30-2013 12:27 PM)NJMaverick Wrote:  was it any wonder our economy shrunk? For nearly all of the 4th quarter all we heard about was the fiscal cliff and the wild eyed rantings of House Republicans. Is it really shocking to have that sort of uncertainly hurt our economy?

GDP = Consumer Spending + Government Spending + Investment + Exports - Imports.

Guess what "conservative" policy happened last quarter? Yes indeed, government spending went down significantly in the quarter and we had, ta da, austerity. This is exactly what brought Greece, Spain, and Britain down and if "conservatives" had their way we would follow them into the abyss.

It's a blip. GDP will come back up to the lackluster growth we've been experiencing thanks to the fact that "conservatives" trashed our economy and drove us into this depression.