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Re: Economy shrinks for first time in 3 1/2 years
There was no austerity
Government Spending increased last quarter
http://www.fms.treas.gov/mts/mts.pdf
Define "minor".
Anyone worth their salt saw this coming. Austerity=recession. Maybe somebody in politics might listen this time...nah, probably. not.
There was no austerity
Government Spending increased last quarter
http://www.fms.treas.gov/mts/mts.pdf