January 30th, 2013
08:40 AM ET

Economy contracted last quarter, feds say

The U.S. economy contracted at 0.1% annual rate in the fourth quarter of 2012, the government says.

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Filed under: Economy
soundoff (14 Responses)
  1. Larry Simpson

    wait! Obama was suppose to save us all!

    January 30, 2013 at 9:03 am | Report abuse |
  2. chrissy

    No ONE person can save us all! That responsibility lays on us. We must save ourselves.

    January 30, 2013 at 9:23 am | Report abuse |
  3. Scottish Mama

    @(HOMER) Simpson- I believe President Obama can, we just have to get rid of the dead weight called the GOP.

    January 30, 2013 at 10:00 am | Report abuse |
  4. Joey Isotta-Fraschini ©™

    The USA's economy will not recover completely until (1) the aspiration to great wealth is no longer viewed as immoral, and (2) graduates of mediocre and poor universities stop expecting their master's degrees and doctorates to get them "positions." Many "highly educated" young citizens today cannot distinguish between "may" and "might," or "terrorist and terrorists." To add a 15% tip to a restaurant check, they need a calculator, but they introduce themselves as "Doctor Blank."

    January 30, 2013 at 10:51 am | Report abuse |
  5. Scottish Mama

    @Joey or the wealthy just hire? CNN says they have the profits, they are not hiring. When I see that they're not hiring because they are not getting the benefits, it sickens me. If a few can manipulate the stock market, it should tell us something. Our piddly amounts we put in mean nothing.

    January 30, 2013 at 11:01 am | Report abuse |
  6. Scottish Mama

    @Joey – I give 20% and it makes it much easier.lol

    January 30, 2013 at 11:03 am | Report abuse |
    • Joey Isotta-Fraschini ©™

      @ Scottish Mama, with affection:
      You add 20%? Isn't that really because you are a capitalist show-off? That's not PC at all.
      You know I'm joking.

      January 30, 2013 at 11:18 am | Report abuse |
  7. Scottish Mama

    Since we have had our contraction, I am ready for the birth.

    January 30, 2013 at 11:07 am | Report abuse |
  8. Scottish Mama

    @Joey- NOT even in their league. lol Just a supporter of the people who take care me, and try to make up for the people who tip them $1., thinking that waiters and waitresses make good money. I have heard that the people that make alot of money are usually shoddy tippers. lol

    January 30, 2013 at 11:32 am | Report abuse |
  9. bobcat (in a hat)©

    Married men should forget their mistakes. There is no need for two people to remember the same thing.

    January 30, 2013 at 11:38 am | Report abuse |
  10. saywhat

    Good morning everyone.
    'No one person can save us........" is just about it @chrissy.

    January 30, 2013 at 2:05 pm | Report abuse |
  11. saywhat

    Unable to get thru past CNN.
    Good morning everyone.
    'No one person can save us........" is just about it @chrissy.

    January 30, 2013 at 2:13 pm | Report abuse |
  12. chrissy

    @ Stuart, why dont you post about something you know about instead of things you know nothing about! I hate shopping intensely and always have!

    January 30, 2013 at 11:47 pm | Report abuse |