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xchrom

(108,903 posts)
Thu Oct 24, 2013, 08:34 AM Oct 2013

The Real Economic Growth Killer? Government Spending Cuts...

http://www.businessinsider.com/government-spending-cuts-2013-10

Barry Ritholtz of Ritholtz Wealth Management just tweeted this chart, which is from Moody's.

The chart shows the impact of government spending cuts on economic growth over the past few years.

As you can see, these cuts have created a severe drag that has slowed down the growth of the economy.



Read more: http://www.businessinsider.com/government-spending-cuts-2013-10#ixzz2idsdGnAf
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The Real Economic Growth Killer? Government Spending Cuts... (Original Post) xchrom Oct 2013 OP
K&R for something that's not getting enough attention these days. bullwinkle428 Oct 2013 #1
k/r marmar Oct 2013 #2
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