The declining dollar and the high fuel costs are beginning to take its toll.
LOL... Ooook.
FYI, the declining dollar makes our goods and services more competitive with others, ie, is stimulative to the economy.
High fuel costs are negative, however, the economy of the US is far more energy efficient than it has been in the past. Almost 3x more than in the 70s and the energy cost vs the GDP is almost at the all time low.
Another fun fact - the US *manufactures* 25% of the worldwide manufacturing output as measured in the value of manufactured goods. More than the next 3 nations combined. More than Japan, China and Germany put together. That has not changed since the 70s. And we’re far more energy efficient these days.
In geopolitics/related macroeconomics, perception is *NOT* reality, nor is the reality shaped by perception. Perceptions sooner or later meet reality, not the other way around. The fact is that our economy is the largest and most vibrant and diversified economy on the planet. All the negative doomsday thinking won’t make it otherwise.