Wednesday, January 30, 2013

Government Spending Shrinks - GDP Declines As a result - TeaBagger Heads Explode

http://www.huffingtonpost.com/2013/01/30/us-economy-shrinks-gdp_n_2580897.html?1359553764&icid=maing-grid7%7Cmain5%7Cdl3%7Csec1_lnk2%26pLid%3D263520

Um, so, we are dying from debt, so we need to slash government spending.  So defense spending in the 4th quarter is slashed. resulting in a lower GDP number.

The right-wing reaction?  Read the article comments. 

Obama is killing us, we need to stop drowning in debt!

We have paul Ryan saying he wants to have a $1.2T sequester cutting more government spending.  OK - that will reduce GDP, thus causing even MORE Tea bagger angst as they get the exact thing they are demanding (reduced government spending).

There really reaches a point where people are such complete idiots that you cannot deal with them.

Go through with the sequester, cut the spending, see if the economy can hold up.  It may be as good of a time as any to see if that works.

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