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#union #iww #ows #occupy #p2 #p21 #tlot #tcot Ways the austerity obsession in Washington could cost you your job http://www.dailykos.com/story/2013/01/31/1182638/-Open-thread-for-night-owls-Ways-the-austerity-obsession-in-Washington-could-cost-you-your-job The U.S. economy shrank unexpectedly in the last three months of 2012, ending over 30 months of economic growth. Exports lagged, in part because of declining markets in Europe, now suffering a continued recession inflicted by misguided austerity policies. But the greatest cause of decline was unexpectedly large cuts in government spending, particularly in the military. Yes, Virginia, cutting government spending in a weak economy costs jobs. A three-month downturn is a caution, not a catastrophe. But Washington seems too wrapped in its deficit delusions to pay attention to the flashing yellow lights. ...