{"id":238,"date":"2013-02-06T20:55:25","date_gmt":"2013-02-06T20:55:25","guid":{"rendered":"http:\/\/lfg.cc\/?p=238"},"modified":"2013-02-06T20:55:25","modified_gmt":"2013-02-06T20:55:25","slug":"less-defense","status":"publish","type":"post","link":"https:\/\/advisors3.bradcable.com\/lfg\/less-defense\/","title":{"rendered":"Less Defense?"},"content":{"rendered":"<p>We believe defense spending, after a rebound in the first quarter of 2013 on the heels of the big drop in the fourth quarter of 2012, is likely to be flat in 2013.<\/p>\n<p>If Congress can agree to substantial cuts<br \/>\nin defense spending as part of an overall budget deal (an unlikely scenario, in our view), defense would likely be a modest 0.1 to 0.2% drag on overall gross domestic product (GDP) growth in 2013 and beyond.<\/p>\n<p>Eliminating all \u201cwaste, fraud, and abuse\u201d from the defense budget, while a worthwhile endeavor, would only make a small dent in overall spending.<\/p>\n<p><a title=\"Weekly Economic Commentary\" href=\"http:\/\/lfg.cc\/wp-content\/uploads\/2013\/02\/Economic-Update.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to read more.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We believe defense spending, after a rebound in the first quarter of 2013 on the heels of the big drop in the fourth quarter of 2012, is likely to be flat in 2013. If Congress can agree to substantial cuts in defense spending as part of an overall budget deal (an unlikely scenario, in our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","wds_primary_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-238","post","type-post","status-publish","format-standard","hentry","category-recent-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Less Defense? - Louisville Financial Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/advisors3.bradcable.com\/lfg\/less-defense\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Less Defense? - Louisville Financial Group\" \/>\n<meta property=\"og:description\" content=\"We believe defense spending, after a rebound in the first quarter of 2013 on the heels of the big drop in the fourth quarter of 2012, is likely to be flat in 2013. If Congress can agree to substantial cuts in defense spending as part of an overall budget deal (an unlikely scenario, in our [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/advisors3.bradcable.com\/lfg\/less-defense\/\" \/>\n<meta property=\"og:site_name\" content=\"Louisville Financial Group\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-06T20:55:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/advisors3.bradcable.com\/lfg\/wp-content\/uploads\/sites\/22\/2020\/06\/logo-1_featured.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"lpladvisors3admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"lpladvisors3admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/\"},\"author\":{\"name\":\"lpladvisors3admin\",\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/#\\\/schema\\\/person\\\/35e3af049472563fe70f1388b50795c3\"},\"headline\":\"Less Defense?\",\"datePublished\":\"2013-02-06T20:55:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/\"},\"wordCount\":101,\"commentCount\":0,\"articleSection\":[\"Recent News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/\",\"url\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/\",\"name\":\"Less Defense? - Louisville Financial Group\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/#website\"},\"datePublished\":\"2013-02-06T20:55:25+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/#\\\/schema\\\/person\\\/35e3af049472563fe70f1388b50795c3\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/less-defense\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Less Defense?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/#website\",\"url\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/\",\"name\":\"Louisville Financial Group\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/#\\\/schema\\\/person\\\/35e3af049472563fe70f1388b50795c3\",\"name\":\"lpladvisors3admin\",\"url\":\"https:\\\/\\\/advisors3.bradcable.com\\\/lfg\\\/author\\\/lpladvisors3admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Less Defense? - Louisville Financial Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/advisors3.bradcable.com\/lfg\/less-defense\/","og_locale":"en_US","og_type":"article","og_title":"Less Defense? - Louisville Financial Group","og_description":"We believe defense spending, after a rebound in the first quarter of 2013 on the heels of the big drop in the fourth quarter of 2012, is likely to be flat in 2013. 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