[fhayek]

But the weaker growth reflects an economy that is expanding at a sluggish rate, weighed down by federal spending cuts under the so-called sequester, weak global demand and lingering constraints in borrowing and spending from the Great Recession — not to mention uncertainty over the federal budget.

"The trend is in the wrong direction," Robert B. Reich, public policy professor at UC Berkeley, said of job growth.

Like most experts, Reich expects the employment data for October, set for release Nov. 8, to look even worse than last month's because that report will incorporate some of the effects of the 16-day government shutdown.

I, for one, am sick to death of the notion that an economy can only grow if it is stimulated with borrowed money, financed with dollars created out of thing air. Really? That is how economics works? Yesterday, that was a story posted at FR about the economic decline of America's cities. Most of the cities peaked, economically, in the first half of the twentieth century, and have been in decline ever since. Where was the massive influx of government money that created the original prosperity? Well there wasn't any. The massive influx of government money to these cities has happened AFTER there supposed peak. And yet cities like Detroit, and Buffalo and Pittsburgh, and Toledo spiral downward. Stimulus?

I guess I should post the link:http://www.freerepublic.com/focus/f-news/3081712/posts

[Darth Reardon]

And how exactly would you expect an economy to grow, through people working to produce valuable goods and services, driven by a desire to improve their own personal condition?

[arthurus]

ALL government spending is, in fact, economically counterproductive. Some of that counterproductivity is necessary such as spending for the military. All of it serves to depress overall economic activity and progress. Government
“stimulus” is and ONLY is misallocation of resources and masking of economic signals which causes more misallocation of resources. Government “stimulus” is like pouring gasoline and sand into a car’s crankcase to make it run faster.

[LibLieSlayer]

reichhhhhh is a commie that wants the fed to pump 1 TRILLION dollars a month into out economy. If one took ever single coin and bill of money from all nations... all of the gold and silver and tangible worth... one would compile about 70 TRILLION DOLLARS... total WORLD WORTH! We owe going forward 120 TRILLION DOLLARS. TILT! GAME OVER!