from The Wall Street Journal
U.S. economic growth picked up in the third quarter as consumers spent more, federal government spending accelerated and the housing industry improved in the months leading up to November’s presidential election.
The nation’s gross domestic product–the broadest measure of goods and services produced by the economy–grew at an annual rate of 2% between July and September, the Commerce Department said Friday.
# – # – #
A national disgrace.
IF you believe the Gooferment’s numbers!
Doesn’t “feel” like 2% to me. Just like “unemployment” doesn’t feel like 8%. And, inflation, don’t make me laff, ain’t ZERO! (Gasoline four years ago was UNDER $2 / per gallon and yday I paid 3¾$ per gallon! That’s 80% over four years or 20% per year. Consider that gas costs gets built into EVERY product and service created!)
Sorry, but we a “KILLING” people.
I trace it back to the “funny money”. It allows the politicians and bureaucrats to fool us. And, the standard that money should represent.
# – # – # – # – #