“Conservatives are slamming President Barack Obama for a shock drop in GDP last quarter. But we’ve pointed out that the big reason for a surprise shrink was due to a fall in government spending — particularly a big plunge in military spending associated with war drawdown. That’s not a good thing for GDP growth, but it also means that the shrink isn’t a reflection of weakness in the economy or current economic policy. It’s a reflection of reduced government spending, with more to come in the form of sequestration next month. The Republican argument, as noted by RNC communications director Tim Miller, is that the economy is not in a good spot when government spending cuts combined with running large deficits creates GDP shrinkage. “
You cannot win with these people.
Republicans: “The deficit is too high! We have to cut spending!”
Average person: Okay, so let’s stop spending so much money on killing people overseas.
Republican: “The economy is shrinking because you cut spending while we have large deficits! You don’t care about people or their jobs!”
What the what?