Invest more or obsess about inflation and debt: It’s our choice

The Hill ^ | 07/20/2023 | PAUL A. LONDON

[ChicagoConservative27]

Inflation fell again in June according to a Bureau of Labor Statistics’ report on July 12. That’s good news but more important for the country’s future is the Bureau of Economic Analysis release on June 29 of its monthly report on the Gross Domestic Product. Two data series in that report, both dealing with investment, should be getting more attention as inflation recedes because investment driven growth is what the country needs.

The two BEA data series covering investment are 1) Gross Private Domestic Investment and 2) Government Gross Investment by the Federal, State, and local governments. They tell us that the country, despite heroic efforts by the Biden administration, is still not investing enough year after year to win the future in a world with serious competitors like Xi Jinping’s China, swiftly changing technology, climate change and a dangerous war that is reshaping the geo-political landscape.

[ChicagoConservative27]

Looks like a Paul is a good little socialist

[tomkat]

Inflation fell again in June according to a Bureau of Labor Statistics’ report on July 12

Utter bullshit, as expected !

[glorgau]

Cost average into a rathole.

[ltc8k6]

“I have certain rules I live by. My first rule: I don’t believe anything the government tells me.”

George Carlin.

[cgbg]

Article:

“climate change”

No need to read further—those are the magic words that tell you the writer is a useless idiot and/or propagandist.

https://cei.org/blog/wrong-again-50-years-of-failed-eco-pocalyptic-predictions/

[subterfuge]

People don’t have money to invest! They’re struggling in the democrat/Bidenfuerer economy. Duh.

[stylin19a]

Inflation Fell? Huh ?

JUNE 2023

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in June on a seasonally adjusted basis, after increasing 0.1 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.0 percent before seasonal adjustment.

They seasonally adjust it to almost nothing...