Tag Archives: slowdown in growth

U.S. 4th quarter GDP shrinks by 0.1 percent: No time to cut spending

Posted on January 30, 2013 by haroldchorneyeconomist

The news came as a surprise to many but the 4th quarter of 2012 experienced a slowdown in growth that resulted in a very marginal but nonethess a negative growth rate for the GDP. The source of the problem was … Continue reading →

Posted in austerity, business cycles, deficit hysteria, deficits and debt, fiscal policy, full employment, U.S., Uncategorized, unemployment | Tagged , , | 1 Comment