Posted on 04/06/2023 8:23:43 AM PDT by Kaiser8408a
As The Fed hikes rates, US GDP has declined in growth to 1.469%, despite trillions of dollars of Federal spending by Biden and Congress. What has all the money gone??
(Excerpt) Read more at confoundedinterest.net ...
Government spending is an explicit part of the GDP equation. Look it up.
More important, government deficits are stimulus. Or are supposed to be.
But capitalism failed in 2009 and it’s never going to work ever again. We pour trillions in deficits into the systemic economy and we don’t get growth anywhere near that amount.
This means capitalism is consuming stimulus without resultant growth.
That’s called failure.
Why does it happen? It’s complex, of course, and much to the dismay of FR it likely has nothing to do with policy.
Most likely it derives from Energy Out as a ratio of Energy In.
Meaning . . . oil production now requires so much effort that joules out require more and more joules in. We didn’t used to have to drive huge fracking pumps over miles long horizontal oil wells in order to get liquid out (that had more diesel in it than now). Energy in / Energy out has a problem.
In other words, physics is the problem. An actual science. Not bullshit Economics that has never been a science.
Where has all the money gone?.......
Search Biden’s garage.............
If money-printing and debt in the service of government spending are such great stimulants for the economy, then why isn’t Venezuela a super-power?
Remember, John Maynard Keynes, the religious guru upon whom our woke-progressive government planners all have absolute faith, was a socialist - and a pederast.
WAIT!?
Did it “UNEXPECTEDLY” Slow?????
Hey, at least the GDP is still growing and we’re not (yet) in a recession…😆😀🤮
Politicians and drug cartels but then, I repeat myself.
“.. (Where Has All The Money Gone?)..”
To green gonefs of course. Thanks Manchin.
Free Enterprise has never failed only institutions that get in the way create failure that is blamed on Capitalism (a marxist word).
It’s being saved up to dispense during the 2024 election.
The roots of capitalism has always been private capital. We dont have that now, nor in the past hundred years. Today’s economy revolves around artificial low interest rates from the government, rent seeking, vast government spending, bailouts, etc. A free market would.never tolerate a country with 31 trillion in debt to constantly keep its interest rates low and high.
“But capitalism failed in 2009”
That wasn’t capitalism in 2009. Capitalism involves Failure to clear the toxic activities out of the economy. They did not do that when they should have.
Onto pallets, and over the ocean?
It’s gone to the Democrat Election Steeling Machine and the Industrial Military Complex. It’s gone to black projects to overthrow foreign governments, friends and foes. Oh, and ten percent to the big guy.
To China to pay for all of Joe Biden’s green wet dreams.
Gee, you think maybe paying people not to work doesn’t increase productivity?
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