WTH_Progs?
Diamond Member
- Feb 19, 2019
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The U.S. economy is outpacing China and Europe. Foreign companies are investing in the United States. Unemployment is expected to be the lowest in 7 decades early next year. The only downside we are facing right now is global inflation. Our ports are busier than the rest of the world because Americans actually have cash to spend due to wages being up.
Life isn't too bad right now considering we are handling getting back on track better than anyone else.
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Booming U.S. Economy Ripples World-Wide
The force of the American expansion is inducing overseas companies to invest in the U.S., betting that the growth is still accelerating and will outpace other major economies.www.wsj.com
FRANKFURT—A booming U.S. economy is rippling around the world, leaving global supply chains struggling to keep up and pushing up prices.The force of the American expansion is also inducing overseas companies to invest in the U.S., betting that the growth is still accelerating and will outpace other major economies.U.S. consumers, flush with trillions of dollars of fiscal stimulus, are snapping up manufactured goods and scarce materials.U.S. economic output is set to expand by more than 7% annualized in the final three months of the year, up from about 2% in the previous quarter, according to early output estimates published by the Federal Reserve Bank of Atlanta. That compares with expected annualized growth of about 2% in the eurozone and 4% in China for the fourth quarter, according to JPMorgan Chase.EditedMore at link
WRONG & ABSOULTELY WRONG
A. Our inflation rate is one of the highest in the world.
B. More than that, by chance can leftists manage sorting a table? It's those little arrows in the cells known as header titles. Just click on one for the 3rd qtr., it's the column over on the right for the most inept. Of 54 countries and sets, only 15 have a REAL GDP performance worse than the USA. So we're tied for approx. 36-40th of 55 countries................WOWZA! you say.
With Trump we were 20th best of 55 in the 4th qtr. of 2020, and 18th of 55 the first qtr. of 2021.
It's regressed every quarter since.
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