Quote:
Originally Posted by Spexxvet
Fourth quarter 2012 economic slow down is attributed to cuts in defense spending.
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Forbes only cites that as only one reason for the downturn. Others have listed many other reasons. The most obvious was uncertainty intentionally created by extremist who said they want the economy to fail. And who are intentionally creating gridlock at every oppurtunity so that Obama will fail.
Despite those extremists, the economy is recovering. And government debt is being reduced for record levels created by wacko extremsits and George Jr in 2007.
We could easily advance America by eliminating what obviously makes America less productive. The paper dollar bill is a perfect example. We waste $1 billion annually making that rediculous paper (that was once called a dime). No other major economy uses a denomination that tiny. Canada eliminated their paper dollar over 20 years ago. Britian uses a coin worth about $3.25. 5 Euros (about $3.70) is a coin. But America would spend $1 billion because extremists hate change; want to make America fail.
It demonstrates why they promoted so much fear last quarter to create economic downturn and malaise.
Why does America have no plans to make America more productive? We have wacko extremists who will do anything to make America less productive and less prosperous. So that they can be reelected. That is a major reason for a last quarter downturn. Their extremist obstruction is also cited by WalMart for seriously reduced sales in February.
These people are so extremist that we cannot even get rid of paper $1 and $5 bills. So extremist that we still waste money making pennies ($0.01).