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Thursday, May 02, 2024

Elevated Inflation, Poor GDP Growth Raise Concerns

Federal data released Friday showed that inflation remains elevated. The figures came out on the heels of other data showing the U.S. Gross Domestic Product underperformed in the first quarter of this year. 

Both the inflation and GDP data points raised concerns among economists and renewed criticism of President Joe Biden among Republicans.

5 comments:

  1. On my wish list is mass non paying of taxes. They are taxing the shit out us "traditionally" and via inflation, and we see scant benefit at best. Not sure how it could get started and gather enough numbers, hence my wish list.

    ReplyDelete
    Replies
    1. They print all the $'s they want, they don't much care if you pay or not. Non-payers are just food for some of the legal guild.

      Delete
  2. Taxes every man and woman and dog and cat have to deal with them, ok maybe not the cat they are above that but still................

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  3. Gee whiz. Republicans are concerned?
    I call bullshit. They're part of the uniparty and they don't give a damn.
    They're just blowing hot air because of elections.
    Nobody in their right mind believes anything that comes out of a politicians pie hole.
    We're concerned... my dying ass.

    ReplyDelete
  4. You mean the 'republicrats?' I don't think they're concerned at all....
    The earlier comment about the 12 wide scaffolding is LONG OVERDUE!!

    fjb and about 525 others

    ReplyDelete

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