Anemic GDP Growth As "Stimulus" Wears Off

Most of the "growth" we saw in the Q3 GDP number came from various forms of government spending (aka "borrowing from the Chinese now to fund current consumption like cash for clunkers and the fraud-ridden first time homebuyer's tax credit). As the stimulus (or lack thereof) starts to wear off, the economy will struggle to maintain organic growth. Remember that we need over 150,000 jobs created each month just to keep unemployment from rising because of new entrants into the labor force.

From Business Insider: