As we discussed previously (Economic Data Imperils Rally), the bulk of Q2 GDP growth was in defense spending; Here’s Steve Sack’s amusing take on it:

military spending.gif

Sometimes a picture is worth a thousand words . . .

(Steve Sackis the cartoonist for the Minneapolis Star Tribune)

Category: Finance, War/Defense

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

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