The economy is thriving! Joe can’t help it if people are too stupid to see it!
Look, guys. Know how to keep score.
The GDP equation is GDP = Consumption + Govt Spending + Investment + (Exports-Imports)
That’s the definition. And we are projected in this fiscal year to run $1.8 Trillion of deficit.
Look at the equation. It is damn near impossible to have a recession if you pump deficit spending in. GDP is about $22T so that deficit is well over 5% of it.
McCarthy knew this. The GOPe perspective is GET RE-ELECTED, even if that means Democrats, too. He knew that $1.8T number was going to be there.