Posted on 04/30/2026 9:41:10 AM PDT by ChessExpert
U.S. Gross Domestic Product (GDP) jumped in the first quarter of 2026, compared to the previous quarter’s growth, the Commerce Department reported Thursday – a sign that the nation’s economy remains solid.
Real (inflation-adjusted) GDP increased at an annual rate of 2.0% in the first quarter after rising just 0.5% in the last three months of 2025, according to the report providing an advanced estimate of GDP. A second, updated estimate will be published May 28, to eventually be followed by the third (and final) estimate.
"The core of the economy remained solid in Q1, driven by the AI buildout and the tax cuts beginning to feed through," Michael Pearce, chief U.S. economist with Oxford Economics, said in a note to investors reported by CBS News:
(Excerpt) Read more at newsbusters.org ...
Stuff it huh?
God bless Jim but Free Republic is like a Wild West town whose sheriff passed and is now running amok.
Companies cannot find good, hard-working people willing to work for the wages being offered.
Fixed
Can’t blame Trump for today’s economic issues.
2% GDP growth is a disaster for the U.S. right now. Here’s why:
The U.S. government is basically borrowing $2 trillion this year, and generating $600 billion in GDP growth. There is no scenario on God’s green earth where that can be painted in a positive light.
“...borrowing $2 trillion this year, and generating $600 billion in GDP growth. There is no scenario on God’s green earth where that can be painted in a positive light.”
Good point. Cannot refute that.
On the next page:
“In that study, 87% of respondents said the country is in a crisis because of how unaffordable life has become. More than half (52%) said they struggle to pay their bills on time each month, and 50% said they’ve had difficulty affording groceries.”
I asked to you to tell me more about this killer economy for the average young person today and what this great economy is doing for the young folk in what’s left of middle class America.
And instead of answering the question, you respond with, “Wow, you are really toxic.”
So there ya have it folks!
HA
“Everything has nearly *doubled* in 6 years yet some people like you are unable to see any problem. Get real.”
According to Grok, the CPI-U indicates that prices have gone up about 28%. The largest growth was in 2022 at 8%. It accumulates.
Everything has nearly *doubled*
It’s a sign that more money is in circulation or it wouldn’t be happening.
C’mon, bringing truth on here is toxic.
A doubling of prices would be a 100% increase. That’s not what happened. Prices went up 28%. Talk of all or most prices doubling is hysteria as far as I can tell.
Inflation is not a good thing. It mostly happened in the Biden years. The worst year was 2022, at 8%. Inflation was even worse in the Carter years, peaking at around 13% in 1979 and 1980.
Ronald Reagan fixed the problem, but it took some time. President Trump is on the right track but again, it will take some time.
It’s not all about prices. There is also employment to consider. That’s why Reagan often spoke of the “misery index” which equaled inflation + unemployment.
The national debt could be considered for a long-term index.
National security is also important. I’m not aware of a handy statistic on that. However, US government dollars going to terrorists (for example unfreezing Iranian funds) and illegal immigration into the US have to count against national security.
A good national security index and a national debt index could be added to the misery index to get a more complete measure. However, we might be mixing up short and long term topics.
“Companies cannot find good, hard-working people.”
1) The HR departments are staffed with college grads who took gender studies and similar “soft” subjects. They cannot handle hard facts.
2) HR can’t make decisions and delegates to “recruiters”. I have dozens of recruiters email me every day. When on the phone, the delays in the conversation tells me the call is from far-away.
3) The Recruiting business has too many layers of referrals by middle-men. Recruiter A knows the job seeker. Recruiter Z knows the company. Recruiters B thru Y connect A to Z.
4) AI in India will fix this.
“AI in India will fix this.” — LOL. Yep, a sure-fire fix is in the works!
That's entirely the Admins plan. That's the entire point of AI and these vast data centers. Potus and crew don't even talk about manufacturing plants coming back here and massive jobs from tariffs. That was a giant con. Vance should be touring small business manufacturing and other small companies daily that have benefited from tariffs, but they aren't.
The plan was always for giant manufacturing plants run by robots and other innovations to get rid of the human inefficient laborer. That's why tech bros joined team Trump to get those pesky nimby homeowners and native labor guys out of the picture.
Monthly Donors · Dollar-a-Day Donors · 300 Club Donors
Lots of Freepers
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.