There is no “growth.” And by that I mean less than ZERO. The only reason people are buying goods/services is they hate money right now - they want tangible items instead.
The Zimbabwe stock market was through the roof when their currency was collapsing. Inflation makes things look like they’re growing.
Half of the population is not working and the cost of living is going ballistic. Any “growth” is an illusion.
The 7% inflation rate is a joke. It’s at least double that. Same with the fake unemployment rate.
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GDP growth is only driven by two factors: (1) population growth, and (2) productivity improvements. Our population growth has been anemic for years, and the average American produces LESS today than he or she did ten years ago. None of this bodes well for the U.S. economy.