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The media says the economy is good because:

- GDP is up

- Stocks are up

- Jobs are up

- Inflation is "only" 3.5%

All these numbers can be gamed. In particular, I wonder how much the GDP's rise is due to military spending that doesn't "trickle down" to the rest of the economy.

https://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden

da
Rand 1y ago

the guard/4 your safety

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da
Rand 1y ago

dear puppeteer: the puppets suck, please upgrade or leave the show!

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