Is That All There Is? US This fall Actual GDP Up Solely 0.91% YoY Regardless of $54.8 TRILLION In Federal Debt (+36%) Added Since January 2020 – Funding Watch


by confoundedinterest17

The US Federal authorities jogs my memory of the Peggy Lee tune “Is That All There Is?” For the reason that outbreak of Covid in 2020 and the absurb spending spree by Pelosi and Schumer, the Federal authorities has elevated their debt by 36% to assist pay for the Federal spending spree. That quantities to $54.8 TRILLION in further Federal debt since January 2020.

What did the US economic system get for all that Federal spending? In This fall 2022, Actual GDP rose by … 0.91% YoY. Significantly? Is that each one there’s from $54.8 TRILLION in further Federal debt?

What do you anticipate when low-life lobbyists shuffle out and in of Congressional workplaces and the White Home. Lobbyists don’t symbolize center class America, however symbolize the elites.

One other little bit of awful information. Take a look at the development in S&P 500 Earnings Shock (5 12 months).

On the housing entrance, the US housing market was hit with the most important six-month wipeout since 2008.

A minimum of US Transportation Secretary “Pothole Pete” Buttigieg FINALLY confirmed up (three weeks after that East Palestine Ohio prepare catastrophe). Right here is Buttigieg practising for press convention.



Source link

Related articles

XRP Worth Can Nonetheless Cross $3, However It Wants To Maintain This Stage In opposition to Bears

Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure XRP’s latest rally to $2.30 has been adopted by a cooling-off interval, with the value falling again to $2.18 after...

Forexlive Americas FX information wrap: Non-farm payrolls beat the consensus

Excessive danger warning: International alternate buying and selling carries a excessive stage of danger that might not...

Surprise Dynamics co-founder Nikola Todorovic joins Disrupt 2025

TechCrunch Disrupt 2025 is again at Moscone West in San Francisco from October 27-29, bringing collectively 10,000+ startup and VC leaders to dig into what’s subsequent in tech. And in relation to synthetic...

Inventory Market Highs Masks the Debt Engine Beneath: Crack-Up Growth in Actual Time?

Credit score enlargement, AKA increasingly debt, into von Mises‘ Crack-Up-Growth would carry Stagflation at greatest, and Hyperinflation at worst within the not too distant future Right this moment’s higher than anticipated quantity is...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com