US GDP revised UPWARDS to 3.4%!!!!
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?
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We missed you in the inflation thread
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"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.
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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.
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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.
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Derek?
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Good good good, so which part of the economy was growth driven by?
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Stoking up the war machine ain’t cheap.
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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.
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Thats easy, private good producing industry had the highest percent change contributing that that 3.4 growth!!!!
