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White House: We’re OK with Slower GDP Report, ‘Underlying Economy Is Solid as Ever’
Breitbart ^ | 04/26/2024 | IAN HANCHETT

Posted on 04/26/2024 7:04:56 AM PDT by ChicagoConservative27

On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House is okay with the latest GDP report, “especially once you get under the hood, you take out some of those more volatile components, consumer spending and investment look great.” And “the underlying economy is solid as ever.”

Guest host Edward Lawrence asked, “When you dig into this GDP report…you find that the first quarter personal consumption grew at 2.5%, the non-defense government spending grew at 0.3%, but if you look back to the fourth quarter, non-defense government spending grew at 4.8%. So, government spending, was that driving the GDP? Is there a correlation there?”

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


TOPICS: Breaking News; Business/Economy; Culture/Society; Government; News/Current Events; Politics/Elections
KEYWORDS: ecomony; gdp; report; slower
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WH has gaslight fever
1 posted on 04/26/2024 7:04:56 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Baghdad Bob was more believable....................


2 posted on 04/26/2024 7:06:58 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: ChicagoConservative27

Keep fiddling Nero.


3 posted on 04/26/2024 7:07:15 AM PDT by Judge Bean
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To: ChicagoConservative27
It's a feature, not a bug.

Regular Americans affected, invaders get the spoils.

Hey, how'd the draft go last nite?

4 posted on 04/26/2024 7:07:47 AM PDT by OKSooner ("You won't like what comes after America." - Leonard Cohen.)
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To: ChicagoConservative27

The “White House” pumping its septic tank all over Americans. I can see why SeeBS is bringing back little Danny Rather. They need and expert manure spreader.


5 posted on 04/26/2024 7:08:09 AM PDT by FlingWingFlyer (Weird how the invading hordes of illegal foreign deadbeats didn't start until FJB took the throne.)
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To: ChicagoConservative27

Bagdad Bob, paging Bagdad Bob.


6 posted on 04/26/2024 7:10:01 AM PDT by Raycpa
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To: ChicagoConservative27

Interesting, the stock market seems to be shrugging off the report. I guess most already expected this.


7 posted on 04/26/2024 7:11:26 AM PDT by Raycpa
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To: ChicagoConservative27
images-6
8 posted on 04/26/2024 7:13:57 AM PDT by cuz1961
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To: ChicagoConservative27

You would think with climate change they would stop the gas lighting.


9 posted on 04/26/2024 7:14:44 AM PDT by pas
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To: Raycpa

Market is a joke. Stocks with zero earnings go meteoric while firms making money and returning divs languish. It’s all funny money.


10 posted on 04/26/2024 7:15:54 AM PDT by Mouton (A 150MT hit will not solve our problems now.)
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To: ChicagoConservative27

If this was happening under Trump, which it wouldn’t, but if it did, the left would be screaming 24/7 that he was deving the nation off a cliff


11 posted on 04/26/2024 7:17:21 AM PDT by Bob434
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To: ChicagoConservative27

The US Dollar is in danger of being dropped as the reserve currency but our economy is just tip top!


12 posted on 04/26/2024 7:18:54 AM PDT by 100%FEDUP
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To: Red Badger

Ok everybody, really inhale hard & hold your breath. 3,2,1... Now exhale & pass the pipe please!

“We’re OK with Slower GDP”, ‘Underlying Economy Is Solid as Ever’


13 posted on 04/26/2024 7:21:37 AM PDT by existentially_kuffer
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To: ChicagoConservative27
The economy is GREAT. Nothing to worry about.


14 posted on 04/26/2024 7:22:14 AM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward SnowdenA)
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To: ChicagoConservative27

Are political kick backs included in the GDP?

Of course not, that’s why a decrease in GDP isn’t important to these people.


15 posted on 04/26/2024 7:24:04 AM PDT by farmguy ( )
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To: FlingWingFlyer

I am a little surprised that Rather is still alive. Dan Rather is 92 years old. He might be older than Biden. I don’t see this solving anything for CBS or the White House.


16 posted on 04/26/2024 7:24:35 AM PDT by cdcdawg (The "rainbow flag" is the symbol of Western neo-imperialism. )
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To: ChicagoConservative27
White House Council of Economic Advisers Chair Jared Bernstein

This guy is slimier than John Kirby, who got his rear admiral (lower half) rank for propaganda in the Navy during the Obama administration.

-PJ

17 posted on 04/26/2024 7:27:08 AM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: ChicagoConservative27

18 posted on 04/26/2024 7:30:02 AM PDT by nesnah (Infringe - act so as to limit or undermine [something]; encroach on)
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To: All
"Underlying economy is as solid as ever."


19 posted on 04/26/2024 7:34:09 AM PDT by BipolarBob (Dementia ain't just a river in Egypt. )
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To: cdcdawg

I never could stand SeeBS’s little Danny Boy. I always thought of him as Walter Crankcase’s dumber little brother. He’s going to make a great RAT ***kisser now that the RAT’s have officially taken over Country music and turned it into a greedy bull**** factory with a bunch of noisy little female “singers” who sound like the new millennium Alvin and the Chipmunks ukulele players who sprung to life during the Covid Dem panic.


20 posted on 04/26/2024 7:36:04 AM PDT by FlingWingFlyer (Weird how the invading hordes of illegal foreign deadbeats didn't start until FJB took the throne.)
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