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US GDP revised UPWARDS to 3.4%!!!!
HuskyBuck
Member Posts: 799
Wait wait wait…..you economic geniuses told me this would get revised downwards when I called it out at the time. What happened? What happened?
Doog_Bot…..this is your cue to pull fake numbers from your ass again
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You mean like citing 38% from a 2018-2022 paper for 2024?
We missed you in the inflation thread
"Government spending growth was revised up 0.4ppt to 4.6% annualized. Federal government outlays rose 2.4% driven by a 4.8% advance in nondefense outlays. Spending at the state and local consumptions level rose a healthy 6.0%."
Komo4 buttfuck.
I'll leave it to Buck to explain what this tidbit means since he's the resident genius.
Now let me give you the full context since Doog Bot tried to trick this board with his Spin Doctoring. Boy it looks like we have a LOT of items before we get to Government spending.
Ouch, that must hurt Doog. God help us if you are actually getting a PhD with the lazy biased statements you make.
Ive already taught you how to beat inflation my son and gave you a live demonstration. If you were too stubborn or silly to follow that advice, you should yell at yourself.
Derek?
Good good good, so which part of the economy was growth driven by?
Stoking up the war machine ain’t cheap.
US GDP grew about $1.6 trillion in 2023. US Federal deficit in 2023 was $1.7 trillion. Imagine selling that story at a board meeting and keeping your job.
Thats easy, private good producing industry had the highest percent change contributing that that 3.4 growth!!!!
So…..you guys aren't voting for Trump then? Because according to this chart, he set the stage for this and well before the pandemic hit:
Why do you guys like to pretend you don't know that Republicans have been equally fiscally irresponsible IF NOT MORE as the Dems? What world do you live in. You can easily research this stuff. Bob I already know you know this is true so not sure why you continue to push this narrative.
Uh huh, so would you agree that's private consumption led growth?
Lulz you obviously don't read our shit.
Trump set the stage for Biden running a deficit of $1.7 trillion in 2023?
Trump is a big spender as are the GOP. Just not as big or stupid as Biden and the dems. One has to make a choice and I choose to choose wisely. Biden voters not so much
Dems blow the wad on shit that has a double tax on people like green energy bullshit. Trump brought low inflation and cheap gas that actually matters to 81% of the people
Typical low info argument by Buck
HuskyCuck is a naive child.
He thinks figures never lie.
He doesn't know liars figure!
We've constantly seen economic figures in the biden admin inflated and then revised downward a month later. That's how figures never lie and liars figure.