Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

U.S. economy grew annual 6.5 percent between April and June, marking full recovery from the pandemic
The Washington Post ^ | 7/29/21 | Rachel Seigal

Posted on 07/30/2021 10:33:49 AM PDT by hoe_cake

For the first time, economic output eclipsed its pre-pandemic high, after adjusting for inflation

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; Politics/Elections
KEYWORDS: economy
Well, I just don't know what to think about this article... .
1 posted on 07/30/2021 10:33:49 AM PDT by hoe_cake
[ Post Reply | Private Reply | View Replies]

To: hoe_cake

It’s way below consensus. Total disaster.


2 posted on 07/30/2021 10:35:19 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jewbacca

Yeah, that’s what I read. This is well below expectations.


3 posted on 07/30/2021 10:36:14 AM PDT by Obadiah
[ Post Reply | Private Reply | To 2 | View Replies]

To: hoe_cake

“Well, I just don’t know what to think about this article... .”

Just more state run media talking points for the Biden Gang.


4 posted on 07/30/2021 10:37:15 AM PDT by Luke21
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake

HUZZAH!!


5 posted on 07/30/2021 10:37:59 AM PDT by KC_Lion
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake

Depends on where you live. Parts of the rural south were devastated.


6 posted on 07/30/2021 10:39:02 AM PDT by Onthebrink
[ Post Reply | Private Reply | To 1 | View Replies]

To: Onthebrink

“Depends on where you live. Parts of the rural south were devastated.”

The writer got paid well to smooth things over, didn’t she?


7 posted on 07/30/2021 10:45:08 AM PDT by hoe_cake (A Descendant of the Signers of the Constitution. )
[ Post Reply | Private Reply | To 6 | View Replies]

To: hoe_cake

“Economic output:”

Standing over the fuel nozzle longer.


8 posted on 07/30/2021 10:46:52 AM PDT by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake

“after adjusting for inflation”

oh yeah? when... cause it gets WORSE EVERY DAY!!!


9 posted on 07/30/2021 10:48:19 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. P144:1)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake

If you were to subtract Govt deficit spending ( fiat money ) GDP is falling year over year.


10 posted on 07/30/2021 10:50:44 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: central_va

So when the Fit Hits the Shan, we can say DJT handed Biden a recovering economy that he screwed up. Language only the dumb masses understand.


11 posted on 07/30/2021 11:11:42 AM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: hoe_cake

Holy propaganda Batman!


12 posted on 07/30/2021 11:43:16 AM PDT by vpintheak (Live free, or die!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake

Must have a dem pResident...after 4 years of (MSM) sky is falling, now it’s rainbows and butterflies coming out of everyone’s butt.


13 posted on 07/30/2021 11:46:32 AM PDT by RckyRaCoCo (Please Pray For My Brother Ken.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake

Remove the showering of trillions of printed money dumped everywhere and the economy is crap.


14 posted on 07/30/2021 12:27:53 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake
"Well, I just don't know what to think about this article"

Just treat it like all the other Goebbels-style propaganda...

15 posted on 07/30/2021 12:36:03 PM PDT by SuperLuminal (Where is another Sam Adams now that we desperately need him?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoe_cake

Without the inflation adjustment, the GDP could have hit 13 percent in the second quarter. In other words, about half of the increase in economic output came as a result of paying higher prices.


Much of the rest is printed (fiat) money.


16 posted on 07/30/2021 9:34:38 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
[ Post Reply | Private Reply | To 1 | View Replies]

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson