Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Now Get Ready To Suck Another $100 Billion Per Quarter Out Of The Economy

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Joe Weisenthal
CNS News
May 26, 2011

Growth in the US is officially dismal, and guess what: We haven’t even reached the age of austerity yet.

Today the BLS said that the economy grew (in current dollar terms) by about $138 billion.

But realize that the debt-fighting plans proposed by both parties amount to somewhere around $4 trillion less in spending over 10 years. That works out to about $100 billion per quarter, so basically, assuming EVERYTHING else were constant, that kind of austerity would eliminated all of this quarter’s growth.


Stock up with Fresh Food that lasts with eFoodsDirect (AD)

Texans Take to Capitol, Demand Representatives Resist TSA Tyranny  161008pptv3

This article was posted: Thursday, May 26, 2011 at 7:57 am

Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

Video: Mike Cernovich Full Interview In Studio See the rest on the Alex Jones YouTube channel.

The Truth About the French Election See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/SI4-LoRFMIU https://www.youtube.com/embed/usu5dPFzHsE

© 2017 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.