This will be revised in 5,4,3,2,1... I am thinking this is just more government spending...
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To: ChicagoConservative27
We are now China. All of our economic data is made up.
To: ChicagoConservative27
Yeah, everything is great.
3 posted on
01/25/2024 5:56:35 AM PST by
EEGator
To: ChicagoConservative27
Wait to see what it gets revised down to.
5 posted on
01/25/2024 5:58:45 AM PST by
dynoman
(Objectivity is the essence of intelligence. - Marilyn vos Savant)
To: ChicagoConservative27
The GDP formula is
GDP = C + I + G + net Exports
G is Government Spending…. that’s where “growth” is coming from. 😟
But it’s financed by debt, so real growth is NEGATIVE.
7 posted on
01/25/2024 5:59:17 AM PST by
4Liberty
(My 2024 prediction: Biden will be 'eliminated' -- not Trump --and Deep State will suspend elections.)
To: ChicagoConservative27
Only thing growing here is my grocery bill and my electric bill and my water bill and and and.
8 posted on
01/25/2024 6:00:44 AM PST by
Hattie
To: ChicagoConservative27
Yeah. Gee, don’t yall just feel the economic growth?
10 posted on
01/25/2024 6:08:51 AM PST by
LS
To: ChicagoConservative27
Consumer spending is going up continuously because everything costs more, thus consumers spend more.
11 posted on
01/25/2024 6:09:00 AM PST by
Nathan _in_Arkansas
(Hoist the black flag and begin slitting throats. )
To: ChicagoConservative27
Government deficit spending and laying on more credit card debt by consumers. Sure signs of a healthy economy right?
To: ChicagoConservative27
Let’s wait for the downward revisions.....
19 posted on
01/25/2024 6:28:28 AM PST by
FLT-bird
To: ChicagoConservative27
If it grew at all, it's *despite* Joe's policies, not because of it.
23 posted on
01/25/2024 6:40:45 AM PST by
BitWielder1
(I'd rather have Unequal Wealth than Equal Poverty)
To: ChicagoConservative27
3.3 % more government workers!
24 posted on
01/25/2024 6:46:16 AM PST by
webheart
To: ChicagoConservative27
Waiting for the revision. Happy numbers are almost ALWAYS revised down. After the headlines have made HAPPY TALK.
To: ChicagoConservative27
For sure….. and I think the buy now pay later folks have inflated this nonsense number. This all setting up nicely for a crash landing lol.
To: ChicagoConservative27
When you’re this far down the only direction is up.
29 posted on
01/25/2024 7:20:59 AM PST by
nagant
(RKE)
To: ChicagoConservative27
Bingo they are making Wall Street very happy hedge fund traders are in fat city.
30 posted on
01/25/2024 7:41:15 AM PST by
Vaduz
To: ChicagoConservative27
All those high numbers of Holiday spending are really-—
FEWER ITEMS AT MUCH HIGHER PRICES—TOTAL SPENT HIGHER=BIDEN gets to BRAG.
To: ChicagoConservative27
I’m just curious: Is the AP statistic Nominal GDP or Real GDP? The article doesn’t say.
37 posted on
01/25/2024 8:39:09 AM PST by
Bishop_Malachi
(Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
To: ChicagoConservative27
a stroll though the grocery store and you would have thought today’s cost of living exceeded last year’s in the double digits.
38 posted on
01/25/2024 8:53:38 AM PST by
elpadre
(y ")
To: ChicagoConservative27
Sunshine, lollipops and rainbows....
39 posted on
01/25/2024 8:56:49 AM PST by
RckyRaCoCo
(Time to throw them out of the Temple...again)
To: ChicagoConservative27
I think I read this morning that 1/3 of that was governmental growth....so not real economic growth.
42 posted on
01/25/2024 12:25:12 PM PST by
reed13k
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